XLM/USD- STRONG STRUCTURE=SIMPLE TRADING PLAN Xlm has a very well defined price structure with key levels which I’ve highlighted. Given these clearly defined, important levels it makes it very easy to plan a profitable trading idea. Fundamentally Xlm is solid IMO but I will not go into that as the technicals speak plenty. Looking at the chart we see we are clearly already a long ways from the highs and have experienced over a 3/4 of the value being cut from price top to bottom. We are still free falling and although catching falling knives is ill advised I’m here to say I think this is a knife worth trying to catch. This knife is so close to the ground at this point even if I don’t catch it, it’s still going to be right there on the ground for me waiting.
The most likely scenarios are first in green, followed by the some potential other outcomes to watch develop over the next few months.
My plan personally, I will be accumulating as many cheap lumens as I can around the the 20 cent range with recurring buy orders. If price breaks below I will allow the market to settle and hopefully pick some up below 15 cents as well.
Once xlm experiences a trend reversal it can be potentially an extremely violent, abrupt, and even illogical move upward similar to xlm’s evil sister, ripple, and so this is not anything we should be caught off guard by !
My money is in stellar and at these current levels I’m feeling very comfortable about the risk reward available.
I may begin to take some money off the top around 50 cents however market conditions will certainly impact decision making when it comes to profit taking time!
Best of luck trading I hope you were able to gain something from my analysis. Please leave a like or comment if you are up for it, I spent a while analyzing xlm and would love to get feedback.
Thanks, Sawyer
STELLAR
Stellar (XLM) - June 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XLMUSD 1W Chart)
If the price holds above the 0.23438790-0.29261600 range, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support at the 0.20794233-0.26657249 zone and see if we can move along the uptrend line.
In particular, it remains to be seen if it can climb above the 0.23438790-0.29261600 section.
To convert into an uptrend, you need to stock up on strength while holding the price in the range 0.26657249-0.38383280.
If it goes down from the 0.20794233 point, it could touch below the 0.16058117 point, so you need to be careful with your trades.
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(XLMBTC 1W chart)
If the price continues to rise above the 428 Satoshi-1288 Satoshi section, it is expected to create a new wave.
If the price holds above the 746 Satoshi point, it is expected to move up a bit faster.
(1D chart)
It remains to be seen if the 737 Satoshi-825 Satoshi section can support and rise.
If it goes down, it may touch near the 566 Satoshi point, so you need to trade cautiously.
To turn into an uptrend, you need to stock up on strength while holding the price in the 825 satoshi-1002 satoshi range.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
XLM UPDATE - Alternative Scenario - Still Looking For A New LowIn this video I detail a what I believe is a Type-1 Weak Wave C.
I had to go back and look at Waves 1 and 2 properly in order to make this change in the view.
This is not an easy pattern to identify but I will lay it out as best as I can.
I do not expect XLM to go much lower but we need to see confirmation in the form of a bounce around this area.
I have marked out the areas of importance to confirm the reversal.
I hope this helps!
Please see related XLM ideas linked below in related ideas.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM UPDATE - Wave C Looks Complete - Looking For Confirmation...In this video I go over what has been happening to XLM in the last few hours.
As I have been pointing out over the last several updates is that we had to make a new low before XLM can move higher!
I believe we are in the very early stages of a new uptrend.
Due to the the nature of Wave 5 of Wave C and how weak it was, we can expect a big bounce from here!
Now that we have seen this happen in this manner you can expect to see a wider range of markets covered in my posts.
The attention will now be directed once again to the bigger picture.
All these markets have unique patterns but when you combine the knowledge from each chart you begin to see the bigger picture.
Check out all my previous XLM ideas linked below in related ideas.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
Stellar (XLM) formed big bullish Cypher for upto 200% big moveHI dear friends, hope you are well and welcome to the new update on Stellar (XLM).
Previously we have seen that the price action of Stellar formed a bullish Shark on the 4-day time frame chart and still moving in the potential reversal zone.
Now at the same time on the 2-week time frame chart, the price action of XLM has formed a big bullish Cypher pattern. There is also 25SMA support in the buying zone.
Buy and sell targets:
Buy between: $0.3474 to $0.2248
Sell between: $0.4439 to $0.6757
Stop loss:
The maximum extent of potential reversal zone $0.2248 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 200%, and the high loss possibility is 36%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#XLM showing signs of bearish Momentum Loss at the right timeAs you see here I am using the Bollinger Bands along with the Fibonacci Retracement tool, the Pink highlighted area indicates a loss in bearish momentum at the optimal time. Which is right at the lower Bollinger Band and touching the resistance line, this is a strong indication of a Bull reversal.
Let's see if this plays out as we move through the night into the morning.
*Not Financial Advice
XLM QUICK UPDATE - Wave iii Continues To Head Toward The LowsIn this quick video update I observe the downside price action that we have been expecting as XLM continues to make it's way down to the lows.
I will be tracking this throughout the day here in Melbourne.
Please check out previous related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM forming a "falling wedge" ? 📊🤷♂️Again just to keep an eye on my own investment.
As i said befor, i will keep a track of my long term holds here.
XLM, XRP, VET, ADA, MATIC
If your not in this one, wait for the break out of the "falling wedge" ( if this is gonna hold )
always do your own reseach
Marttin
#XLM Fixing to break out of this wedge pattern!As you see here we just touched the lower band right here at the end of this wedge patter. Below I placed a Blue box so we can monitor the Volume which will play a huge roll in the price as we head closer to the weekend. I do believe we will break out of the top of the wedge, get a retest then a nice bull push.
I will continue to monitor as we move into tomorrow and through the weekend.
*Not Financial Advice
XLM QUICK UPDATE - Looks Like We May Have Completed Wave ii...Here is a quick update on what we can expect in the short term for XLM as we head towards the buying area of .27cents or lower.
Not much has changed apart from the waves which have made it clearer that this is a Wave ii and not the alternative scenario.
Please see related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets. [/b
XLM UPDATE - 2 Scenarios That Could Be Playing Out Here...In this video I talk about the two possibilities that could be playing out here.
Firstly say that neither are bullish because we have not seen a new low made yet.
Either Wave D has ended and we are in Wave 5 OR we are still in Wave E of Wave 4 .
All the details of what to look out for are in the video so please pay special attention to the examples and what they mean.
Please see all the previous related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
StellarStellar one of the coins I like. I don't expect it to drop below $0.25 and I will not sell it before $1.47. You can see the details on my chart.
XLMUSD - We Have Confirmation That Wave 4 Is Complete...First thing I saw on the wall as I woke up was that Wave E had just been broken which confirms Wave 4 is over.
So today I will be doing a live-stream on YT and another TradingView update later on.
Today is an important day because we have the confirmation we have been waiting for.
Even when the count was slightly off I managed to correct it by using the AriasWave methodology.
Stay tuned!
See all of the related ideas below to see how we got here.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLMUSD UPDATE - Wave E Turned Out To Be A Type-1 Weak Wave ESpeaking in AriasWave terms of course it appears that we have seen the end of this Type-1 Weak Wave-E.
The important things to note with Zig-Zags is that they can sometimes be so sharp that they appear to be 5-Wave Moves.
Using the AriasWave methodology with a bit of patience has helped with identifying this pattern.
If you would like to learn more about AriasWave just visit my website or send me a DM.
Lately I have decided to take my time with bringing you updates based on the timing of the waves.
Here we have another example of why you should always be patient before making assumptions.
I will be doing a live stream on YT shortly so get ready for some more live trading action.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLMUSD - Wave 3 of Wave 5 of Wave C In Progress, Get Ready...Here we are ladies and gentlemen, the final move down to the lows has commenced.
I will be buying once we make a new low at around .27cents.
I do not have time to catch the exact low, most importantly I need to know that my analysis is accurate.
So far I have been extremely accurate in predicting every single move that has happened in XLM over the last several video ideas.
You can check out those in related ideas linked below. The proof is in the pudding.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM UPDATE - Killer Wave (C) Still In ProgressIn this video you can begin to see how accurate the AriasWave interpretation of XLM truly is.
Wave (C) appears to be in wave iv so that means Wave D is not over yet.
You can see all the previous related ideas linked below to see how we got here and how I have been meticulously tracking these moves.
We want to buy XLM at the lows so there is some psychology involved in doing so which I also explain in this update.
Buy XLM at .27cents.
Please contact me directly if you have nay questions.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM-LONG VIEW Hello traders and investors!! 😄👋
I was just looking at a chart of XLM (stellar lumens,) and in my opinion we see many indicators that the bulls are here... Let's take a look! 📈🔍🔽
~Recently XLM had what could be considered a triple-bottom in the three areas I have circled above 1️⃣2️⃣3️⃣👍😀
~ After our last low point, we formed what would have been a bear flag🐻, but the situation quickly turned bull-ish🐮🎉 as we see a few large bull candles🕯 to invalidate any bear flag/pennant▶🏁🚫
we are seeing more of an inverse bull flag now! 👍↗⏫ (In my opinion)
~We saw a break down from a major trendline that started around May 18th and ended on the 24th of May.. 👇⏬
~On the 24th of May📆, we saw upwards of 100☑ percent price increase in only 1 day📉🐮👏🥳 (I measured this move) What a candle!!!! 🕯🕯👏🤯
Short Fundamental- Overview:🔍🧐
✔XLM is it's own blockchain, which means it does not use BTC or ETH resources to function, (this allows for very low transaction fees and times respectively.) 💲🤞
✔XLM was one of the first ( green coins, ) or proof of stake coins🌄♻, to come out, and it's transaction times are impeccable👌 ⏬👇
✔Currently, the Stellar network is capable of running around 1,000-5,000 transactions per second, which is 100x-500x faster than the Bitcoin network and 50x-250x than the Ethereum network. (Source : www.cryptoeq.io)
✔I have stated before that XLM is extremely undervalued, and I wasn't joking!! As long as BTC can somewhat hold up, I think we may see a bull run to some of our targets depicted above👀🐮😄
That being said, I am looking to gain support here at our 0.41-0.43 range in order to be more certain.
✔Back in 2019 Stellar Lumens burned 55 Billion of its tokens, and created a new system where transaction fees are burned as well. (One could suggest in the future we will see more action towards deflationary implications.)🕙🕐📌📆
It is wise to use caution and do in depth research before making any large investment.⚠📍📝✏
CoinMarketCap info:
Stellar Supply
Circulating Supply 23,083,746,331 XLM
Total Supply 50,001,803,156 XLM
Max Supply 50,001,806,812 XLM
Stellar Market Cap
Market Cap $9,874,475,563.08
Fully Diluted Market Cap $21,389,145,955.98
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay
XLMUSD UPDATE - Wave ii of Wave (C) Almost CompleteWe need to see a break of the last low at the dotted magenta line in order to confirm Wave ii is complete on the XLMUSD chart.
In this video update I also touch on the XLMBTC charts which also seem to be in-line with and are also expected to make a new low.
Following the waves gives you peace of mind and helps you understand when to pull the trigger.
AriasWave keeps you updated simply via observing the repeating patterns that the markets create in order to be ahead of the crowd.
See all previous related XLM ideas below to understand how we got to this point.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM UPDATE - We Are In Wave 2 Of Wave (C) of Wave DMy apologies for the delay between recording and publishing this I had to prepare dinner for the kids.
We had Taco's in cast you were wondering.
We are still on track to making those new lows I will keep you updated.
Now we need to go watch the new Mortal Kombat movie.
I may go live later on Youtube if needed otherwise I will post again tomorrow.
See related XLM ideas linked down below in related ideas to see how we got here.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.