Sephiroth4269

Sephiroth4269

Hello traders! The long awaited BTC retracement is finally upon us, and the overall crypto market is following suit. For many of us this is long awaited and a great sigh of relief, for others it was entirely unexpected. Regardless of your belief in the bull run, what is happening now seems to be aligning almost perfectly with previous behaviors which is something...

Sephiroth4269

I haven't been doing much publishing lately, and I will be perfectly honest as to why: I lost my confidence. The BTC correction on 3/26/21 and the subsequent turn around really shocked me and I was unable to remove myself from the emotional impact that had. I jumped into a few coins on their rise just to make some money, but at that point I had only "It's going up...

Sephiroth4269

This is a fun idea that seems to be holding true so far!

Sephiroth4269

I have been shouting from the street corners "Doom, Dooom, Doooooom" for the past 2 weeks, and some, or many of you are probably thinking "Well if you scream correction everyday, eventually you're going to be correct." The issue is that I have been correct about corrections occurring, but woefully incorrect as to their actual targets. It took several days, and...

Sephiroth4269

It looks like the sideways trading of BTC is persisting through the weekend despite the notorious bullish tendencies of weekend trading! What does this mean? Well with BTC not reattempting the 60k range, and trading in the middle of the channel, while heading towards the bottom of the channel we can expect a Sunday or Monday test of the bottom channel. I would say...

Sephiroth4269

Normally I don't write about BTC because I do not understand it's behaviors as well as I do other coins, or assets. That being said I have been paying more and ore attention o BTC because it has been "breaking the rules" and causing some ALT's to pump and others to stagnate. Furthermore, this kind of rally should have caused every other coin in the market to spike...

Sephiroth4269

BTC seems to be taking its time in correction or retracing before making up its mind about what it wants to do. Coupled with the fact that institutional investment hasn't slowed it seems that our Bull Run has in fact been the result of institutional investing more than anything else. This means the long awaited Alt Coin Rally is still a ways off but that when it...

Sephiroth4269

Greetings everybody! I have been hesitant to write for the past few days despite carrying out the idea I am going to enumerate upon. I hesitated because to be perfectly honest I am not as familiar with parabolic or bull run movements as my entire experience with crypto has been bag holding since 2018 haha! That being said, I have been making some successful trades...

Sephiroth4269

folks, I was a bit nervous a few times these past few days I won't lie. However, it truly does seem as though the parabola is back on which means be VERY careful when trying to scalp peaks, because you can and will lose your ass in the doing. The only advice I can give is to HODL from this point until XLMBTC hits the .1075e-4, .1150e-4, or .1200e-4+ ranges. Other...

Sephiroth4269

I think at this point it is safe to say that the retracement is complete and the likelihood of another retracement to .32 or lower is slim. Currently there is a bull flag forming in the 5 and 15 minute charts that at the very least seem to project a push to the .43 range, or higher. If you look on this hourly comparison of XLM, BTC, the XLMBTC trading pair itself,...

Sephiroth4269

XLM has been wanting to correct heavily this entire time but BTC traders keep pushing the entire market up. It is definitely artificial, the question is why? Why keep raising the price of BTC if it is going to crash in the end? Are they hoping to buy in raise it 5% for a profit then crash the coin? That sounds like something institutions or whales would do, so...

Sephiroth4269

Well this is an exciting day! Many of us predicted that this Parabolic pattern would repeat itself, and it did! A 47% retracement has been achieved at around 0430 2/23/21 EST. If this pattern continues o hold true there will be one last ripple of upwards volume and then a double bottom. Now, this double bottom will be a range between .35 - .32, with every real...

Sephiroth4269

Today it seems BTC has hit a peak that has been forming a channel for the past few years! If that is the case... are we at the end of our bull run or is this a sign of more to come? Personally, I have thought the retracement from BTC was long overdue, healthy even, but every day BTC has shot ever higher doubling the Previous ATH and nearly tripling it... Perhaps...

Sephiroth4269

So I took a look at a lot of charts, lots of different TA, checked the news, the articles, the hype, and something was bugging me about all of this movement, and talks of parabolas: Is it over or not? Several things came to mind which involved using the MACD and RSI components, but also some of the bands, and lesser used indications such as cold hard math. Every...

Sephiroth4269

This flag is forming and will complete either tonight or tomorrow. When that happens we can either see BTC skyrocket, taking altcoins with it, or start a very nasty retracement that will likely give 50% correction values to all coins. Eitherway, it seems like BTC hasn't given up yet, and the coins that are retracing, and growing slower than the movement of BTC<...

Sephiroth4269

BTC seems to be driving the market harder than ever, refusing to give up the fight to $50k. Although many coins want to dump, BTC is defiant as ever and potentially causing a trend reversal, which would trigger a continued parabolic rise and bull run!

Sephiroth4269

I think at this time 340pm, 2/15/21 we are witnessing the final rejection of BTC effort to reach to $50k, I think we will see a retracement to some degree that may be very harsh or simply down to $44k ish levels. I do not normally trade in BTC or follow her trendlines, but given that what happens to BTC happens to the rest of the Crypto economy, I think if You...

Sephiroth4269

I already wrote an idea today, and am already writing this one. I think the same bullish flag indicator we saw earlier in the year has already formed, and consequently finished in this trading pattern. It would seem the "low" was .497 and we are jumping back on the parabola already... This may be wishful thinking, largely because I am hoping for a second chance...