Se7enSkies

Se7enSkies

I will not be bullish on btc unless I see a clear breakout of this pattern with a healthy retest. I think 85k is writhing reach once price breaks out of this structure. Failing to break above this resistance level is gonna be painful so bulls better pray to God price breaks out this time.

Se7enSkies

This simple line (58%) used to act as a major support for BTC Dominance in 2019 and 2020. Since breaking below this support level dominance has not been able to reach this level until now. A major reversal is possible around 58% level since this old support can potentially act as a major resistance level for this cycle. Only time will tell what is to come and I...

Se7enSkies

It’s only downhill from here for BTC dominance. My BTC.D target for this cycle is 29% - 31%

Se7enSkies

At the time of sharing this post XLM is up by 7% and XRP is up by 23%. Yet again XLM is proving that it only exists to be XRP’s bitch and nothing more.

Se7enSkies

I think a scenario like this one is possible for XLM against BTC. This idea is pure speculation and there is no evidence to back up such price action.

Se7enSkies

I’m gonna trade XLM purely based on this piece of Hopium. Sell target is 40-45 cents. After that XLM will go back to 20-25 cents. These are pure speculation and guesswork. This is not an analysis.

Se7enSkies

The chart clearly has the potential to reach 0.68 XLM for every XRP, which means if XRP reaches $28 by the end of the cycle, XLM can be around $19. I don’t think this chart will ever make a higher high and it will continue to make lower highs, but this cycle even a lower high to 0.68 is means XLM will outperform XPR by a great margin. Will it happen? I don’t know....

Se7enSkies

A real bull market starts when XLM breaks above this ascending triangle. Right now it’s trading below the triangle and the support has broken and can be seen that it is acting as resistance now.

Se7enSkies

Closing about this trend line is crucial for the bulls to take control. Hitting the green resistance level is going to be even better. I’m thinking we will see price hit the green resistance level and then a pullback for a retest.

Se7enSkies

Price is mingling with the daily support level shown in pink or red or whatever it is. If we break below this support level, we will visit the green support area. I hope we bounce from the pink support zone, but for now I sit and watch.

Se7enSkies

The pink area you see here used to be support. It’s acting as resistance now. We may break above it or not, but for now price has rejected this level, and closing below this level is not going to be very good news. You are seeing many crypto scammers on trading view calling for explosive bullish moves for this asset. The same people who were calling for alt season...

Se7enSkies

Price is struggling against an important resistance trend line. As long as we stay below this line, downtrend will continue. Only hope for any type of bullish reversal is for price to close above this resistance trendline and manages a successful retest. In other words, the downtrend does not end until we surpass this level and stay above it.

Se7enSkies

While the expectations are to break above the triangle and a bullish continuation, price is testing the support right now and the longer it stays there the more chances of it breaking down and since this is a very important support trend line, the fall could be a hard one to catch, in other words, breakout of the triangle or there will be a river of blood and tears.

Se7enSkies

Everyone can see the double top and it will only be confirmed if we close below 66.5k Easy to spot the broadening wedge headed to the 50-52k support. Another reason for bearish sentiment is that way too many scammers (crypto expert accounts) on trading view and Twitter have been selling you a fake alt season to dump on you. All of these signs point to a drop to...

Se7enSkies

While scammers spread hopium on Twitter and trading view, XLM has not given any bullish signals, not one. In fact, XLM has been rejecting almost all resistance level and cannot break above them. A potential target could be a triple bottom shown in chart.

Se7enSkies

Price needs to close above this trend line in order for the hope of a bull market for XLM to stay alive, otherwise back to 7 cents. Hold and get rekt.

Se7enSkies

They sold you the idea of alt season you believe them and they dumped on you. Somehow there are still idiots who think XLM is in a bull market. Where’s the bull market exactly? I’ve been looking for it for 3 yearz.

Se7enSkies

According to this chart gold is in a downtrend against silver. Price may be trading within a descending channel. If price follows the path of this channel, then I expect a 30-35 Gold/Silver ratio. I bought some silver today and it brought me here to see what’s going on with the ratio. Silver is lagging behind I get it, but it will catch up and outperform gold in...