/biz/ - Business & Finance

>>25133641
Right, I guess me and my fucking 400% gains right now since I bought in March are really taking it up the rear.

>>24398890
The weekly candle closed above 18 cents, which now has a strong support. 4 hour chart shows a clear hidden bullish divergence and the volume is dropping with consolidation. All suggest a continuation of the up trend. Monthly candle will close tomorrow above 19 cents and basically cement several supports that would have to be broken to get to 12 cents again. It is FAR more likely that we will test 24 cents and then move up to 31 cents before consolidating again. Bitcoin Dominance is currently playing out a bull trap and will continue it's drop within the next 1 - 2 weeks and pushing us into the next leg of alt season. 18.5k for Bitcoin is the test as that hit .702 fib retracement, it all hinges on what bitcoin does next. If Bitcoin gets reject the alts will blast off, it it passes and moves above the ATH then the alts at best will consolidate but would most likely bleed down but even then the odds of XLM hitting 12 cents again are rather extreme, more likely it would hover around 14 cents before continuing the up trend.

TLDR: OP is a faggot and has no idea how to do an kind of TA.

>>24239274
WOOOOOOOOOOOOOOOOOOO