But I am ready to gamble on this.
History always seems to repeat itself. This time it was fairly quick.
Yo, as you can see from my previous charts I don't know what I'm doing exactly, but sometimes I have good luck. I have a strong feeling that alt season is coming and we should be ready for it.
This is not a likely outcome. I just made up stuff.
No matter what takes place over the next few days / weeks / months, it will be worth it.
8600 is a critical point, I think. The bulls need to push above the 200 and the 50 EMA in order to avoid the impending deathcross. The bears need to keep the price below 8600 so this doesn't happen. The outcome will determine the general direction over the next few months.
XLM seems to be at a critical moment. Hanging on and waiting for BTC. If it breaks up we may see a decent run. But, I am leaning more towards the downside. I could be wrong. But either way a big run is coming. If it isn't now, it's probably around 1600 to 1800 sat range. I will be watching close ready to buy.
Cup and Handle forming on UBIQ, looks bullish to me.
I keep telling people I don't know what I am talking about, and that is pretty much true. But is this a falling wedge? Does ETC have what it takes to break through and reverse the pattern? Will BTC settle down and let ETC moon? These and other pertinent questions will be answered if you continue watching the chart all day like I do. Fingers crossed.
Definitely take this with a grain of salt because I don't know what I am doing - but does this look like it's abt to form a cup and handle to anyone else? Or Maybe BTC just killed the run up. Only one way to find out. I will go get some tea/coffee with friends until BTC is done doing what it needs to do and see what happened.
I don't know exactly what I am doing so take this with a grain of salt. But I entered at 26,000 because I liked what I was seeing and I was happy to see that it broke out. Only publishing so I can come back and look at this because if I dont' publish Tradingview sometimes deletes my drawings / text.
Despite retracing after the BTC bullrun THC is still looking Bullish. Buy 3200 - 3500 Sell when comfy.