Stellar Lumens

XLM forecast

1592
OK. Again this is for my own analysis and reference for benchmarking purpose. This is not advice and i'm not a financial professional.

XLM has obviously taken off. But imho and based on REAAALLLLY simple chart pattern analysis, its just started its next parabolic rise.

XLM is a unique crypto in its predictability (thus far). It basically spends 1 week doubling in price and then 4-5 weeks re-consolidating. Usually 30-40% lower than its prior ATH. This will be the 3rd time its made its traditional parabolic rise.

FUN FACT: many OG's refer to XLM's final (and from a market cap perspective REDICULOUS) parabolic cycle as the real red flag indicator that the bitcoin cycle is over. Check out XLM back in Dec17/Jan 18. Basically went from 20Billion to 90Billion market cap in like one week. My hypothesis? Well the first thing that a million retail fomo buyers gravitate towards buying is the 'cheapest' coin. Not taking into consideration that its 'cheap' because there are 50,000,000,000 XLM coins in total supply.

So when you see XLM starting to do MORE THAN double on its parabolic sprints, its a sign that we're close to the end. I suspect we have at least 2 or 3 more solid moves before that happens though.

I like trading XLM because of its predictable nature (vs holding it). Who wants to hold a coin for 7 weeks while it does nothing between its 2x runs? THIS LAST PART MIGHT SEEM OBVIOUS, AND IT SHOULD BE. ITS ALSO WHY ITS SO VALID. EVERYONE'S TRADING IT, WHICH IS EXACTLY WHY IT CYCLES LIKE THIS. PILE ON, PILE OFF.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.