XLM: will be among stellar in April or around 23.03
As you can see I'm between fractal of Dec pump or Jan pump.
This is only my POV (not trading advice - do your own research): we are in a huge descending triangle and comparing black circle (fractal from January) we are doing a triple bottom pattern (bullish).
We are also bullish with the fractal from December pump - because we are respecting the same timing: 41 days of retracement (-52%) + sideways movement; and checking EMA's "purple circle" we become bullish at beginning of purple circle, reversal to bearish and reversal to bullish at the end of the purple circle bullish... This will fundamentally respect the event that will occur at the end of the month 3/31 ( twitter.com/samconnerone/status/1369675695090262022/photo/1 )
There's also another event: "the #Stellar test network reset is scheduled for 03/17/21 at 0900 UTC. (...) twitter.com/StellarOrg/status/1369707676003930112 "
The end of March is also end of month, I mean normally we become bearish (of course) and it's also the end of Q1.
I think (only my thoughts) that we can be pumping either on 17-23.03) or only on April. Connecting with BTC, where everyone is wishing the new ATH... Maybe we'll go 70k (and correct before end of Q1), maybe we already start to correct. Either way, XLM will have to wait for this movements (in order to have less BTC dominance promoting altcoins pumps.
This is only my POV (not trading advice - do your own research): we are in a huge descending triangle and comparing black circle (fractal from January) we are doing a triple bottom pattern (bullish).
We are also bullish with the fractal from December pump - because we are respecting the same timing: 41 days of retracement (-52%) + sideways movement; and checking EMA's "purple circle" we become bullish at beginning of purple circle, reversal to bearish and reversal to bullish at the end of the purple circle bullish... This will fundamentally respect the event that will occur at the end of the month 3/31 ( twitter.com/samconnerone/status/1369675695090262022/photo/1 )
There's also another event: "the #Stellar test network reset is scheduled for 03/17/21 at 0900 UTC. (...) twitter.com/StellarOrg/status/1369707676003930112 "
The end of March is also end of month, I mean normally we become bearish (of course) and it's also the end of Q1.
I think (only my thoughts) that we can be pumping either on 17-23.03) or only on April. Connecting with BTC, where everyone is wishing the new ATH... Maybe we'll go 70k (and correct before end of Q1), maybe we already start to correct. Either way, XLM will have to wait for this movements (in order to have less BTC dominance promoting altcoins pumps.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.