XLMBTC has been building a huge base. Once it breaks 0.000013 I expect this to go into price discovery against USD.
Primary target is 0.000026
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:-O
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Waiting for BTC to make another low around 43k possibly to enter seXLM.
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Reaching some resistance here. Would like to see some consolidation and retest support below from where we built our base. XLM tends to move pretty sharply though.
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I know this price action looks unreadable, but the wick into kumo support tells me that this is washing out stops before grinding higher. I expect the candle bodies to follow something along the lines of the squiggle still. Any candle close under kumo the trend is done and we are going much lower. I will trust my system until proven wrong. Manage accordingly.
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This idea is ded. Apologies for the lack of updates on this. Took a break from the charts for a bit.
BTCily Wassilyevich Kandinsky (16 December [O.S. 4 December] 1866 – 13 December 1944) was a Russian painter and (ch)art theorist. Kandinsky is generally credited as the pioneer of abstract (ch)art.
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