Well at this point we will crash a little bit... I'm making a fractal from January's pump with a period of correction 35 days of maximum -50% from peak to peak (high and low). Perhaps we might correct it to $.31 during the next 35 days. Then we will manage to have a huge pump (+283% to $1,12) until 22/03/2021. Wish you all the best. Read my other charts. Disclaimer: NOT TRADING ADVICE. Do your own research.
Comment
⋅
Well I'm thinking to keep this idea until 22.03, but at this moment (27.02) XLM did: --> (4h chart) double bottom on MA200; --> (4h chart) we are over MA 128 and MA60, starting to bouncing on them; --> (6h chart) double bottom on MA 200 (23 and 26.02) and MA 60 working as resistance. --> (1D chart) bounce on MA60 23.02.2021 --> (3D chart) bounce on MA21 23.02.2021 & MA7 working as resistance. EMA compressed on 12h, inverted on 6h and 4h, opened on 1D and 3D. So by EMA (comparing with previous pumps) we still have to wait. I know you all want to pump, today was already good, wait for some pull back, hodl, also because BTC will probably retrace a litle bit more until 42k-41k, eventually taking alts, because of BTC dominance (not yet below to have another small alt season).
Comment
⋅
Hello My thoughts at this moment are that we are going deeper (I'm seeing a Head&Shoulders pattern) and hopefully we'll bounce on the support zone, come back to the triangle, fight bullsbears until 06 or 07.03 and then pump to nearly $.60. Any updates from you?
@variousHare65884, thks, and I've wroten Sunday 21... I just didn't imagined that we do the dump so fast. So fractal idea it's a little bit out of idea, but targets are here, for sure... I hope that BTC olds and this isn't bear market... (NUPL reached 75%, and we are bouncing on 20 EMA). And we didn't finish the downfall... let's see
variousHare65884
⋅
@prodigy81, What do you expect to next days / weeks ? more correction or moving for 1.12? Really can't understand the bull market vs bear market, as there is a lot opinions saying that we are still very earlier on bull market, and others telling that we are already started the bear market. Very confuse to me lol
prodigy81
⋅
@variousHare65884, My opinion doesn't have value. Make your own assumptions on the market. It's also my first bull market and I'm following the market for almost 1 year. I'm learning more and more every day. And as someone said it's very difficult to execute even when we analyze and we might guess the next move, because we never know the exact direction (pump/dump). I also posted a chart of BTC the day before 1st Elon Musk Pump (put BTC on his Twitter bio) that it could go up or down 50%.
I'm also afraid that we are or on Bear market because if you do a "fractal" to February 2017... It's exaaactly as predicted... Last Sunday NUPL chart hit 75% meaning end of bull market... So I honestly don't know... BTC pumped from 3600 (13.03.2020) to almost 60k... Isn't that enough (+1550%)?
despite all of that, I also wish (at the moment is a wish) that XLM touch last ATH, but at the moment seems quite far away...
variousHare65884
⋅
@prodigy81, thanks much appreciated for your feedback. Let's see how XLM reacts ...and all the market too.