XLMUSD had a bearish triangle breakout followed by the support loss @ .19 . Another triangle imminent within the next three days . Momentum indicator shows a slowdown which correlates with the closing triangle. The latest dip creates a Bearish Wedge . I'm not personally losing hope just yet, but indicators tell me to be careful.
XLMUSD found support at .19. Getting down to a small triangle, with a larger one based on the initial dip of .14. Momentum is still good. Waiting for that .23 breakout to really show strength in the long run. Hold on.
Support found @ .15. I setup my stop loss @ .14. I might move it down a cent if the trend dips more. Resistance @ .23. I don't think it will last long. Volume is still pumped from before the spike. Once holders get confident in the support, they will break the resistance. Pay attention closely. XLM is moving around a lot.
Stellar is looking Stellar right now. There's a lot of movement, so be weary of a pump, but there looks to be some historical supports that XLM has broken through. It's fitting into a nice parallel channel. The supports & resistance seem to follow a Fibonacci sequence. So the second triangle is mere speculation. Safe STOP-LOSS is .12-.14. You can go with .17,...
BTCUSD climbing quickly. Be weary of oversaturation. But if the trend holds, we will likely see resistance at the ATH of ~19,800. A Triangle will form, with a breakout in ~275 days. Hold, and look for movement in the coming months.
My Previous analysis showed a resistance to the headandshoulders, favoring the larger Curve Trend. Revisiting the chart looks as if XLMUSD has abandoned both previous trends for a historical price ceiling at .09. A triangle has emerged coming to completion in 2 months. Look for movement in this time.
Revisiting my analysis of ETHUSD, the breakout was within my predictions, with movement towards the next triangle. Good looks for
ETH. ATH still years away with the going trend. however a nice upward trajectory
XLMUSD was looking at a correction after a second head and shoulders. It resisted the H&S trend, and stayed within the bounds of the larger curved trend. The curve gets quite steep, until the two curves converge in April - May next year. I foresee a correction after the steep climb, but it's too early to tell. At the moment, Hold for a little longer... We can see...
ETCUSD in a Gigantic flat bottom wedge (floor @ 3.390). Triangle pattern emerging, each successive triangle rotating counterclockwise and slightly longer. HODL for month cycles. You won't be seeing an ATH if it stays in the wedge.
ETHUSD successfully broke out of its triangle in the timeframe previously projected. It's now looking bullish, still following the upward trend. A ratio and pattern analysis gives a date of late February, with a correction triangle presumably shorter than the previous.
LTCUSD is on a curved path that is converging sometime mid 2021.
In roughly 2 months, LTC will finish a triangle. Expect movement around Christmas time!
If it rises after the triangle, expect the curve trend to continue until summer '21 for ~100.
ETHUSD pulling a peak to peak at a ratio of x/1.16 for the last year.
Also triangle patterns hint that we are going to reach a movement point in a month.
If the trend sticks, you will see a rise to 650 peaking 02/21/21... almost a year from the second peak on 02/14/20
XLMUSD had a 3 month Head & Shoulder from Jan - Mar 2020.
Another, 4x larger Head & Shoulders is finishing off the right shoulder.
With the historical trend, there will be a dip, with recovery (hopefully 4x).
Expect the floor to be ~.02 in Jan 2021 for the reversal.
I was in the BTC boom of 2016. Any analysis back then was "up and to the right"! I'm not sure if my previous experience has bottlenecked my mentality.... but the past few months look very Wavy. I want to get better at this so let me know all the things I'm not considering!