Sephiroth4269

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...

Sephiroth4269

I have been on a roll with these charts except for the last one which took me by surprise because I was not looking at the signals correctly, and allowed my own emotional bias to skew what was actually happening. As we know now, XLM was in the middle of a Parabolic push and shattered her previous ATH of .5 and hit over .6. There was an immediate retracement, with...

Sephiroth4269

Well, this Idea is partially a trend analysis and my own hopes haha! Given that we have hit Yearly highs, and BTC seems dead set on hitting 50k before it begins its major retraction, I think it is safe to say that although today we hit $0.47, and $48k respectively, there needs to be a small retracement before the final push out of the long-term triangle that began...

Sephiroth4269

Looks to me like XTZ, although jumping high up like the rest of the Alt Coins, seems to have met it's match at around the 3.4 - 3.5 mark despite ATH's in the $10 range. It would seem that we will see XTZ likely plummet in the short term due to the H&S formation and the inability to break the upper resistances... If that is the case, and I am positioning myself as...

Sephiroth4269

XLM has been making some bullish moves for the past 8 days, broken out a few times, made some nice cascades down and in general made lots of people money! That being said, it has yet to really blast off despite the bullish efforts and momentum, and seems to still follow the movements of BTC despite all other indicators and metrics. What I did notice though, is...

Sephiroth4269

I've been plugging along watching the past few days of the Rising triangle formation, and noticed that... it hasn't stopped. We had a bit of a dip but it looks like that .35 mark is what people really want to hit regardless. So for me I think over the next few days we will see a dip, but only after we touch .35 again. That being said... it could rocket from there...

Sephiroth4269

Honestly this isn't advice, or speculation just a guy who is here for the absolute madness that transpired these past few days, and looks likely to persist into next week. My only recommendation is to ride the FOMO wave of absolute vindictive trading that is going to take place on AMC, NOK, BB, BBBY, GME, and others. If you can afford to play the game, throw...

Sephiroth4269

If you are anything like me you are DUMBFOUNDED at the behavior of crypto these past few days, with ETH approaching its ATH, BTC doubling its previous ATH, and the rest of the alt coins making some of the largest gains in 2 years. I have no idea what kicked it off and I am not upset at all, however, the behavior is incredibly hard to predict until after a specific...

Sephiroth4269

If you look at the chart I have plotted out 3 different trajectories of XLM if it follows through with the H&S trend using the magnitudes of the Head, from the neckline, Left should and the neckline, and the Head to the right shoulder as a "worst case" scenario, assuming of course that it completes the pattern and reverse trends in the first place. H&S, or Head...