In the perfect world of XLM part 2. fancy charting
Hello everyone,
In previous TA I writed about the fakeout - breakout and retest of XLM downtrendline
as well as about sellers/interest
Now I would like to point out how crazy could the next XLM run be.
From EW perspective it could be something like this
This chart is made in fancy way to highlight the bull and bear trend time interval
Bull trend is usually fast in crypto. It takes Days-Weeks-Months meanwhile bear is slow and takes Weeks-Months-Years
This is a reason why some people say holders outperform traders. Even the best trader can´t catch everything and traders use proper risk money management and stop losses and focus on X% gains etc. But it is all about different techniques.
Holders are literally investors. Investors look up for investments in way of 5 - 10 Years and they don´t care about the "small" up and downs
I know some of you now might say HOLD = HODL = Hold Of Dear Life but I hope you get my point.
So lets say you are not a good trader but you would like to invest in crypto and hold for some time.
Well I think XLM is at very interesting entry price for the long term but that is just my opinion :)
Cheers
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
In previous TA I writed about the fakeout - breakout and retest of XLM downtrendline
as well as about sellers/interest
Now I would like to point out how crazy could the next XLM run be.
From EW perspective it could be something like this
This chart is made in fancy way to highlight the bull and bear trend time interval
Bull trend is usually fast in crypto. It takes Days-Weeks-Months meanwhile bear is slow and takes Weeks-Months-Years
This is a reason why some people say holders outperform traders. Even the best trader can´t catch everything and traders use proper risk money management and stop losses and focus on X% gains etc. But it is all about different techniques.
Holders are literally investors. Investors look up for investments in way of 5 - 10 Years and they don´t care about the "small" up and downs
I know some of you now might say HOLD = HODL = Hold Of Dear Life but I hope you get my point.
So lets say you are not a good trader but you would like to invest in crypto and hold for some time.
Well I think XLM is at very interesting entry price for the long term but that is just my opinion :)
Cheers
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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