As described on my post from February 27th, 2021 the retest of support/resistance levels (weekly and monthly) is quite necessary. There was a good opportunity of profittaking, as mentioned before (buying in at 0,36$ and selling at the monthly resistance level of 0,466$). We are still within the trading range of 0,36$ and 0,466$. As the interest grows, we could ...
After a healthy phase of distribution for XLM the next levels are in reachable sight. The accumulation phase seems to end pretty likey and after reaching 0,466$, testing of 0,50$ we can experience further movements into the higher price zones. Trading volume was increasing in the past days and 0,40$ has functioned as a strong support. Also, according to the...
Hi everyone! First of all have a happy new year - stay healthy and well :-) When analyzing BTCUSD I have noticed a resemblance between what is happening right now (months of Dec2020 and Jan2021) and December2017/January2018. BTC made similar gains, as it did in that year of 2017/2018, recovering from a previous low back to the ATH (approx. 60%), before rallying...