The ELITES will win this game and they are causing fear in the market so they can buy cheaper. DO NOT LET THEM WIN THIS TIME! Facts are in the charts!
Everything is on the chart! Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. On the chart, Stochastic RSI crossed weekly again but we need to pass the 20 Stoch RSI Level for bullish confirmation. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
Stellar Lumens (XLM) has both VERY STRONG fundamentals and technicals!
Grayscale is investing into XLM! and in ALL the big Exchanges!
XLM update - short term BEARISH but may wick to $12 when the bull market starts again!
Please check my "MONTHLY" CHART below. It states $6, which corresponds to the Monthly Cup and Handle, but does not mean it can't wick to $10.
A BULLISH CUP AND HANDLE IN THE MAKING! THIS TIME WE CHART ON THE WEEKLY
Meaning: Cup and Handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECLINKE OF THE BREAKOUT! Get ready to buy the dip!
2017 and 2021 pattern looks EERILY SIMILAR in structure! Bots buy Confirmation using mathematical indicators/confirmation! Awaiting confirmation on the Stochastic RSI cross over the 20 level on the weekly!
Target Buy to go long (THIS IS WHERE AVERAGE PEOPLE GET RICH!! LOAD AS MUCH AS YOU CAN HERE!: Target 1: 0.22 (corresponds to the 1.618 fib!!) Target 2: 0.12 (corresponds to the 0.618 fib!!)
Target Sell: Target: $10 - $12 (Corresponds to the Cup and Handle Pattern.
"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
You can't measure a cup and handle or any type of wave on a log scale. It doesn't work that way. If the cup and handle did play out, the real target would be around $1.40, not $6 bucks, and where are you getting $12 from? Are you in the moonboyz gang?
Matthewsan
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Forget log scales, and by circulating supply 10$ is certainly very achievable. “The crypto payment market” is happening as we speak. Don’t be surprised when you’re surprised in the next few years 🤷🏼♀️ “things” as in digital currency are about to revolutionize your economy
mfibbs
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@Matthewsan, you have no fucking clue what you’re talking about. Not trying to be mean just realistic and if you think supply has nothing to do with price targets then I feel bad for you
mfibbs
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@Matthewsan, How is 25x from here achievable? You think your wishful thinking is technical analysis? Please, enlighten us all with real TA and facts of how $10 is achievable even within the next 2 years. Do you even know where we are in the market cycle? Sorry, but it’s so irritating to hear you make calls that make 0 sense. It’s nonsense, is what it is.
Matthewsan
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@mfibbs ripple hit over 3.50$ with 50 billion in circulation. Stellar has half of that in circulation, you don’t think 7$-10$ is achievable? Nobody is saying it’s going to take off here and hit 10$ nobody said a given date or time that it would. If you don’t think stellar will hit 10$ at some point in the future, I’m sorry but you’re “realism” is just being “closed minded”.
mfibbs
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A lot has to happen. Highly unlikely that you will even see a $2.00 xlm by the end of the year.
Matthewsan
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@mfibbs I agree highly unlikely won’t be 2.00$ by the end of the year. I could see 10$ in a decade more than likely