XLM Perpetual Futures Contract forum
XLMUSD Been working on updating algorithms and adjusting weights. Things are looking healthy both short and long term views. On track for two of my short term targets. Something I would like to see implemented into the platform is the ability to set certain assets to move to and from designated watchlist/sections on a schedule set by the user, as well as, an option to move them when certain conditions are met.
XLMUSD ...as much as I didn't like seeing it crawling closer to .29, it bounced off the lower channel line and seems to be recovering at the .236 FIB (@.354). We are still in a Bull Flag Channel peeps...
If you look back at my post from Nov 24th:
" ...this is setting up to be the mother of all bull flags"
Good luck!
XLMUSD ...once BTC bounces off 93k'ish, I expect the bleed-out to stopXLMUSD Anyone else noticing the charts on multiple tokens are moving in sync more than usual?XLMUSD Looks like there is still a bit of a dip to go before the climb.XLMUSD ...I'm hoping we can get .35ish again. I missed it the last go around...
XLMUSD and down goes the dog shit 💩
XLMUSD Daily and weekly candles suggest a potential to flip with volume. The daily MACD trend also suggest that there may be a flip which would become a second wave to the weekly MACD trend. Weekly technicals show weakening bearish strength. Even the monthly is on the weak side after the massive November movement which roughly matched the performances between December '17 and January '18 as well as from November '20 to April '21.Currently, this week is close to neutral with a slight lean to the bearish side as the strength continues to weaken. Slight correction from November? Initially, I expected greater ranges of volatility these past few days. Volume is not what I'd like it to be. However, 2024's trend is most similar to 2020's trend which continued into 2021 which kicked off again in the beginning of January and continued into May. Also similar, to the 2017 to 2018 performance trend. The current ATH was reached in 2018. These upcoming weeks will be the catalyst for the future of this trend.
Of course, I steadily monitor my investments as a responsible investor. I'm not going to ride a bull run up to simply ride a bear run back down. I'm going to reposition myself as necessary. My current outlook is positive for the first half of 2025. I would like to see an increase in volume, as well as, an increase of positive coverage in the news and on socials.
NOTE: This is not financial advice.