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XLM to 0.015 by EOY For fun and just to say i called it with 1min TA ;)
Chart does'nt need any further explanation Its quite a simple and low risk trade imho
According to this quick analysis of BTC nearing it's next halving which in Bitcoin's history has always been bullish , we are: 1) Seemingly in a new bullish channel 2) Heading for a short term ABC correction which should hold above 8200$ 3) Followed by a 12345 impulse wave within the channel topping our last ATH of June 2019 4) Followed by another ABC correction...
According to my analysis LTCUSD will drop to approx 50USD and will remain and consolidate in that range for a long long time. It seems a good opportunity to short now! Cheers, Happy Trading
Looks like the Bottom could already be in! It seems we are forming a Bullish Symmetrical or ascending Triangle. Note: Wave D could eventually be Higher, needs to be confirmed yet
Simply coming up with Ideas, patterns, n trying to identify in which phase we are. I believe we reached or nearly reached capitulation phase
I made a quick eventual scenario for Strat if it follows a similare mirror type of pattern of the correction from it's last ATH
Long Term Target 0.0002 BTC
Target 29k Buy 25400 - 25800 On 1 day chart 3 out of 4 technical instruments point out towards a bullish scenario On 1 hour chart it is not totally clear but it seams that 29k is not a very far reached target either
According to a previous and bigger pattern, CVC might reach 11300 within 24hours or so.
After this Beautiful rally boosted by blockmarket desktop price Will surely drop until: 1) 6079 Entry Point for long 2) 5072 Entry Point for long Currently it looks like 5072 is more probable to happen Happy Trading
Chart is self explanatory
Scenario One: Early and direct breakthrough with price revocery Scenario two: A slight fall to lower support line followed by accumulation and then boom
I don't see any other scenario right now rather than the upwards one. Currently stellar is accumulating in between the 2 support lines If it where to fall bellow the second support line, well maybe it could fall into oblivion...
IF there is no price breakout in next 1-2 days then never... LOL RSI dragging and under 6 since almost 1 month Price to the lowest it could get, i doubt it could go any lower