XLM has been the biggest tease in crypto this season, if you look back at the last 2 months after ist epic pop then you will see the most solid flat line of your life, that is finally about to change, we have the last major flag ending in 3 days by the 18th so we will truly know what will happen with XLM.
If it breaks bullish
- then we will most likely see it follow the trend of the other bullish runs and get to 80 or 90c, then most likely drop and trad sideways for another decade. I have been cheering for this for a while, and even if it doesn't run up the trend line established this year will keep it on a steady climb the whole time
I will not be increasing my holding unless it gets to 61c and at that point, I will wait for the pullback and place around 53c or 55c. after 61 it is all-time high territory so it's a vacuum until 1 (Billion) dollar range haha
If it breaks down
- if it breaks down then it's a long way down, prob to about 23 first support then 17 following the black trend line established last year. I do not want this to happen and for anyone reading this I also think you don't want your gains wiped out. this could be quickly or it could follow the bull trend line and gracefully fall. I think if it falls a bit there will be a mass exodus because a lot of people have money tied in XLM and it could be used in other runners instead.
Finally, if it goes sideways
- if it defies all logic and charts and keeps going sideways then I am jumping ship, I dig the product but if it isn't doing anything then I will be putting a large portion into something else.
Happy trading, listen if you want or don't your funeral. Not an advisor.
If it breaks bullish
- then we will most likely see it follow the trend of the other bullish runs and get to 80 or 90c, then most likely drop and trad sideways for another decade. I have been cheering for this for a while, and even if it doesn't run up the trend line established this year will keep it on a steady climb the whole time
I will not be increasing my holding unless it gets to 61c and at that point, I will wait for the pullback and place around 53c or 55c. after 61 it is all-time high territory so it's a vacuum until 1 (Billion) dollar range haha
If it breaks down
- if it breaks down then it's a long way down, prob to about 23 first support then 17 following the black trend line established last year. I do not want this to happen and for anyone reading this I also think you don't want your gains wiped out. this could be quickly or it could follow the bull trend line and gracefully fall. I think if it falls a bit there will be a mass exodus because a lot of people have money tied in XLM and it could be used in other runners instead.
Finally, if it goes sideways
- if it defies all logic and charts and keeps going sideways then I am jumping ship, I dig the product but if it isn't doing anything then I will be putting a large portion into something else.
Happy trading, listen if you want or don't your funeral. Not an advisor.
