More proof Goldencross works immediately in this phase of bullJust like the char I posted before this one, I’m posting this simply to lllustrate how the golden cross (orange line crossing above the blue line) immediately resulted in a very pivotal bullish pump that coincided with a major fulcrum point on the chart recently on multiple different charts. More times than not in the other market cycles, when a golden cross occurs it usually takes a few weeks afterwards to know whether that cross will have its desired outcome or instead end up being a fakeout but lately I’ve noticed multiple charts have seen an instantaneous pump on the exact day of the golden cross, which is making me think that once we enter the 2nd parabolic phase of a bull market that that is when you can anticipate a golden cross to have its immediate intended effect its suppose to have with much much higher probability than all the other market phases including even the 1st half of the bull market. Anyways I wanted to illustrate that hypothesis here with the XLM chart as you can clearly see it’s a text book example, and I will try to put a link below to the previous example where this occurred as wel a link to the total2 chart which will have its golden cross in the next 102 daily candles.l One major reason I want to illustrate this is because within the next 1-2 daily candle closes the Total2 (aka altcoin market) chart is going to have its golden cross and it is currently trying to confirm the breakout upward from a cp and handle pattern which is a huge fulcrum point for it. So should the trend of instantaneous golden cross pump effects occurring the same daily candle as the cross itself, this could clue us into exactly when the real full on alt season will be about to kick off (which if correct, will be ignited by a big confirmation breakout pump within the next 1-3 daily candles). *not financial advice*
Lumens
2 overlapping invh&s patterns on the weekly logchart for XLMThe inverse head and shoulders with the yellow neckline is the same one that is on the linear chart, however on the log chart you get a much higher target of around 44 cents. Reaching that target will also push price above a second bigger inverse head & shoulder neckline (in green) which once that one validates its breakout, it’ll have a full target of around 81 cents. Watch for the weekly 200ma(in blue) to hold support here if so not a bad place for an entry, if not retesting the yellow neckline or even throwin a wick or few back below it is not impossible and would create other good small entry opportunities as well. *not financial advice*
XLMUSD breaking up from double bottom/channel/invh&sThe target for the double bottom/channel is .1439 and the inv h&s target is slightly lower than that. I call this a Siamese inverse head and shoulders because it sort of has 2 heads in between the shoulders. Golden cross appears to be just.a few candles away . *not financial advice*
XLMUSD - Price Action Update - My Thoughts On This Choppy Mess..Whether you're a trader or a seasoned investor, I'm convinced this video will offer some insights, despite its erratic nature resembling that of a frenzied cougar with traces of monkey DNA.
While I maintain my faith in the long-term potential of XLM, its current state doesn't warrant much attention unless you enjoy the rollercoaster ride of price fluctuations on your screen while being unable to take any actionable steps.
Frankly, I wouldn't touch it with a ten-foot pole. Stay tuned for further updates.
XLMUSD - Nothing But A Wave A Zig-Zag...Same As XRP...I've have also meticulously analyzed each fragmented wave forming what seems to be a Wave A Zig-Zag for XLM. (See the XRP idea below to see the differences.)
This analysis hints at a potential downtrend with XLM possibly reaching .02 in the near future.
The intriguing symmetry within this pattern raises questions: will Wave B extend upwards once this pattern resolves? Considering its struggle to materialize, that's a plausible scenario.
However, it comes with the challenge of a nearly 90% drop from current levels.
Keep in mind, this isn't Elliott Wave theory; it's AriasWave, a methodology I developed almost a decade ago.
XLM STELLAR LUMENS - My View On The Current Buying Climax...When faced with a lack of results, I make it a point to triple-check my work. If something appears amiss, I diligently backtrack to pinpoint the error.
Recognizing that perfection is unattainable and clarity in the market isn't always guaranteed, I've expanded my scope to include various cryptocurrencies to gain a better understanding of the landscape.
In this context, I offer an analysis of XLM, acknowledging that I'm not currently engaged in what some consider the greatest wealth transfer in history due to my belief in potential delays. Whether you share my perspective or not, I remain focused on capitalizing on cryptocurrencies that offer clear signals for profit-taking.
Feel free to review one of my current publicly shared trades below.
Just Some XLM - XRP - BTC Analysis...This video isn't about trading ideas, but rather about my current thoughts on these cryptocurrencies.
Right now, I'm leaning towards shorting XRP rather than XLM given the current setup. Bitcoin has experienced a significant rally, but I believe its potential is limited. We haven't fully emerged from the long-term correction that began in 2017 yet.
When that time comes, we can execute trades and witness substantial growth in our trading accounts.
For the moment, I anticipate a continuation of corrective patterns until we reach that pivotal moment where we'll be gearing up to invest heavily and start dreaming of that Lambo.
XLMUSD - This Is Why I Removed My Long Position...The recent price movements at a smaller scale compel me to reassess the broader perspective, and regrettably, it suggests further downside ahead.
If the recent downward movement since 2021 constitutes Wave C, then it seems Wave iv has just concluded, with potential for prices to decline further to around .07.
This scenario appears to present a shorting opportunity. I will provide additional updates as I analyze the waves in more detail over the next few days.
XLM - Patience Will Help But Understanding This Is Critical...The positive aspect of making adjustments to my analysis is that it doesn't immediately impact the current trade; instead, it aids in preparing to either increase the position size or reduce risk. In this video, I walk you through my updated analysis on a smaller scale, showcasing the outcomes of adopting a critical perspective over the past 24 hours since the last update, and elucidate my rationale behind this approach.
While we remain favorably positioned for an upward movement, it's essential to recognize that this won't unfold in a linear fashion. For those engaging in leveraged trading, I recommend exercising patience for a more favorable entry point, which I'll shortly provide.
I emphasize this stance while the market is trending higher, to prevent unwarranted pessimism on my views.
XLM PRICE ACTION UPDATE - Love The Swings, Embrace Them...Appreciating red candles comes with understanding their role within a bullish setup.
If you're unsure, fear not, for I'm here to illuminate the way. Waves have become integral to my existence; I refuse to let them overwhelm me.
By comprehending their nature, I embrace both the highs and lows, dispelling worry and uncertainty. In this update, I elucidate the obvious and address inquiries.
My analysis draws from AriasWave, honed over nearly a decade. So, when challenged with "let's see your chart-reading prowess," I welcome it—it's about accuracy and profitability.
Critical support holds steady at .1068 until further notice, with a minimum upside target of .27 until further notice.
XLMUSD - We Are Trading A Bull Trap Wave D...In this video, I delve into fresh analysis which is also applicable to Bitcoin (see related ideas below), employing wave patterns as a guide.
While maintaining a bullish outlook is acceptable, it's crucial to stay vigilant against potential bull traps.
Additionally, it's essential to bear in mind that significant market surges often stem from substantial stimulus, which hasn't materialized yet.
The extraordinary performance of Bitcoin may have skewed our perceptions, but it's important to remember that such significant movements typically occur across all cryptocurrencies simultaneously, which hasn't been the case.
This, I believe, explains the current situation.
Nevertheless, there are still opportunities for profit, and we're currently engaged in this trade with a revised target of .2737.
Importantly, I'll continue monitoring the wave patterns to anticipate these movements as they unfold.
ritical support at this stage remains at the low around .1068.
XLM - I Told You This Would Grind Higher, How Did I Know...I don't rely on a crystal ball; instead, I possess something far more potent—the AriasWave methodology.
It surpasses mere theory; it's a comprehensive blueprint elucidating market dynamics. I previously indicated that the market would ascend gradually (refer to the linked video).
The observer's skill in interpreting price action is the sole constraint in this methodology.
Support persists at .10683 until the completion of Wave D, which will steadily climb and breach .1383. Skeptical? Simply observe and witness its efficacy.
XLMUSD - The New Count Suggests We Will Grind Higher For Now...The overnight price movement prompted a reconsideration of the count, suggesting that Wave D is just beginning and will break out of this range.
I anticipate Wave D surpassing the .1383 level as it perseveres higher against prevailing odds.
Such price action, though familiar, can be perplexing without a clear grasp of wave structure. In the accompanying video, I elucidate the rationale behind this shift and provide a roadmap for the weeks ahead.
XLM PRICE ACTION UPDATE - Coiling Up For A Move Higher...As the transition from pessimism to optimism persists, it becomes evident that this trend is unfolding precisely as expected.
There's no need for skepticism; market waves follow a pattern of repetition rather than logic. This cyclic nature implies predictability in prices.
As Ed Seykota famously remarked, a single successful trend can compensate for numerous unsuccessful ones.
While such opportunities are rare, seizing them warrants steadfast commitment until the trend exhausts itself or reaches a predefined target systematically. Emotions should be disregarded; instead, establish a profit-taking strategy and stick to it.
Step away from the screen; engage in activities like tending to your garden to shift focus.
Maintaining critical support at .1068, we anticipate establishing a new support level upon surpassing the previous mini Wave D around .1183.
STELLAR XLM MEGA PRICE EXPLOSION - 2 Confirmations!We now have confirmation of two out of the three necessary levels being broken, with the next one to watch at .1383. In this video, I explore various timeframes and utilize a small degree completed structure as an example to illustrate what's unfolding at a larger degree of trend.
These recurring patterns are reliably predictable within the framework of AriasWave. If you adhere to Elliott Wave principles, you might find yourself compelled to reassess your current living situation. By incorporating common market patterns, the analysis becomes compelling, offering a strong case for supporting anticipated moves.
Doubt can sabotage potential gains; if you doubt your worthiness of a 3000% increase, you'll find reasons to discredit the analysis without thorough research.
When a market garners little attention, it often signals a bottom, and many are overlooking the potential of XLM. It's time to wake up and seize the opportunity for profit. You'll be grateful later.
XLM MEGA BULLISH UPDATE - Things Are Picking Speed At This PointEver since I introduced XLM on this platform, my comprehension of market dynamics has significantly improved through my analytical approach.
The significance lies in reaching this juncture. As we approach breaking the crucial level of .117 on our journey towards $2, it's essential to review the rationale behind this rebound. Additionally, I'll discuss the potential future trends following this development.
Remember, it's crucial not to develop emotional attachments to trades; rather, utilize them as tools to enhance your financial standing.
XLM LONG TRADE IDEA - Target $2 - Buckle Up...The comprehensive analysis of this trade setup is available in the linked ideas below, elucidating the entire trade strategy employing the AriasWave methodology (distinct from Elliot Wave).
Entry: .1144
Stop: .1095
Target: 2.0
Trade cautiously, acknowledging the inherent risks involved.
XLM PRICE EXPLOSION INCOMING - The Latest Update On The Waves...In this latest video, I delve into the accuracy of my earlier prediction regarding the recent downward movement observed overnight.
Additionally, I analyze the significance of breaking the .112 threshold, indicating a potential direct trajectory towards $2, at the very least.
Notably, if we breach this level, support for this momentum shift lies at .109. For a comprehensive breakdown, watch the entire video linked below.
THE XLM PATTERN - A Full Breakdown Keeping It Simple...In this video, I delve into my latest analysis of the XLM pattern, which appears notably precise and credible in contrast to prior assessments.
These recurrent patterns play a pivotal role in setting the stage for the forthcoming action, and it seems plausible that we are on the brink of witnessing a substantial upward surge from present levels. Every internal wave has been meticulously identified, leaving no room for uncertainty.
A breach beyond the .117144 mark should convincingly signal that we have indeed reached the bottom prior to the subsequent significant movement, which occurred approximately 1000 days ago.
The projected target stands at $2, reflecting a potential gain of over 2000%.