filipbronola

filipbronola

Youtubers and crypto hype-fuelers are still quiet about xlm, good time for an entry. Returns could be huge on this one, looking at the purple boxes for resistance areas.

filipbronola

The chart in this idea shows ZIL in 2018. Nearly identical to what it is today. With BTC stopping out longs and shorts and potentially being closer and closer to running down, I wouldn't be betting on anything right here.

filipbronola

Watch for a break in either direction.

filipbronola

Still could be a descending triangle here.

filipbronola

Title says it all. Potential short on break down.

filipbronola

From channel one to channel two? Also, BTC what is going on buddy? Random pump city? Eyes wide OPEN, this is sketchy trade territory

filipbronola

Gosh these triangle things are insane. Still have my eyes on that purple box prize. Let's see what ZIL does.

filipbronola

Support and resistance is the name of the game, so let's see where we're headed next? A break of the channel to reverse upward again? Or maybe a continuation to the downtrend... I'm not about to go long after a single bounce from a zone and 50d MA... easy killer if you want to behead your investment. Wait for confirmation of direction... Befriend the trend......

filipbronola

Nice bounce, funny how it just got to the top of this channel edge and got perfectly rejected... Let's see... purple 150-165 satoshi box still in play. If we break the channel and back test it and continue growing, I would flip bullish. For now, waiting to get a burger from the mcdonald's formation lmao. If you bit the bullet yesterday and scored a buy on the low,...

filipbronola

Of course, we could just bust through and start making higher lows and higher highs... but for the time being, like I said before, I don't wanna "call it too early" but hey, it hit the channel and bounced off... go figure right? Still looking to see how that purple box will hold :) Patience my friends, patience. Be a friend of the trend and don't try and fight it.

filipbronola

Weekly RSI still has plenty of room to go down and so does the daily. Nice bounce, but we need to see if the price will come down to do a second test as it usually does and then to see if it breaks lower or not. No rush to get in here, just watching and waiting.

filipbronola

Cheeseborgor zone is coming, McDonald's formation never fails, what did I say? That's right... I'll wait

filipbronola

Look carefully as we get the McDonald's formation, golden arches. (Ok but seriously price momentum is still looking fairly bearish I wouldn't be buying unless you're doing a super quick trade)

filipbronola

Here it is in action, watch as it does something as we expect it to do something. If this turns out to be a nice continuation pattern, we can see more downside. I would not be buying in here unless you like gambling without a strategy.

filipbronola

Just let this 520% run from 2018 soak in for a little before we talk about how Spacex will be available on HG exchange etc... Not at all saying that this is going to repeat, it probably won't, but let's also remember that a lot of people were inside on the news before our current run.

filipbronola

It means something for sure, it must mean something.

filipbronola

Price is continuing to follow this corrective move to the downside... let's see if previous support/resistance levels hold or not!

filipbronola

Could be too early too call, but this bounce has yet to even touch the 230 sat area as we saw a rejection around 228. Be very careful with your longs here, RSI on the 4hr seems to be following a clear trend line which we've touched and are seemingly turning around from. Let's see what happens... Still eyeing the 150-160 sat region as a potential buyer support level.