jaydee_757

XLM Update - Bullish Dragonfly Doji candle on the Monthly!!

Long
COINBASE:XLMUSD   XLM/USD
BEFORE READING, GET RID OF YOUR MOOONBOY MENTALIY AND NO EMOTIONS FOR DIPS/CORRECTIONS!

Short term bearish (although we can just skyrocket from here, we need to have buy opportunities just incase we head down short term). BUY THE DIPS!!

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. EverythXing you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Dont follow the majority, because the majority will lose in the end! Also, dont buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!

FACTS:
1. JUST CREATED A "MONTHLY" DRAGONFLY DOJI , WHICH SIGNALS "CAPITULATION" BY SELLERS TO FORM BOTTOM AND PRICE REVERSAL!
2. RSI LEVEL IS CLEARLY OVERSOLD!LAST TIME WE BOUNCE OFF AN RSI TRENDLINE 3 TIMES, IT CORRESPONDS A REVERSAL AND WE 120X!!
3. STOCH RSI IS STILL OVER THE 20 LEVEL! NEED A BULLISH CROSS FOR CONFIRMATION!!
4. LOTS OF SIMILARITIES COMPARING 2017 AND 2021!!!

BUY TARGETS (THESE ARE WHERE WHALES AND INSTITUTION WILL START ACCUMULATING AGAIN!):
Target 1: 0.22 (corresponds to the 1.618 fib!!)
Target 2: 0.12 (corresponds to the 0.618 fib!!)

SELL TARGETS:
Target 1: 2.51 (corresponds to the 2.618 fib!!)
Target 1: 4. 01 (corresponds to the 4.618 fib!!)


Good Luck!


"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch

Comments

Moon boys crack me up! They hope and hope and post charts of assets going to the moon with no logical TA. Especially the ones who use log scales. Xlm to $6 by end of the year, or even $12 , better yet I heard Arias wave say $50 and $160 before it crashed.. LoL. Felt so bad for whoever followed that nut job. Crypto Kirby on YouTube has a saying, “the moon boy Jimmy’s with there $600 stimmys “. Lol, cracks me up! Great analysis, and very realistic. Keep up the good work!
+1 Reply
@mfibbs, XLM is my lifetime mistake. I am gonna sell it at first chance. I bought it at $0.50. I am waiting for it. XLM is the one of the worst coin showing bad performance in this 2021 bull season.
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KathirvelManickam andrewaliscott
@andrewaliscott, keep dreaming of other coins, please sell me your xlm now i want to buy and hold.. lol
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LTC allso dragonfly on monthly
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Great outook.Thanks for sharing
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its not going anywhere until xrp resolves its case
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@Matthewsan apparently he gets his ta from the news
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mfibbs ddx27
@ddx27, It’s that thought process that probably had you miss out on the last xrp/ Xlm pump which was right after xrp was delisted from big exchanges. Xrp went from $.17 at the time of delisting to over $1. Xlm from $.27 to $.80. The case has nothing to do with stellar and will only help stellar if won.
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