XLM UPDATE - Prolonged Wave 4 OF Wave C Almost CompleteThe ONLY reason I didn't post yesterday was due to technical difficulties so I did a live-stream on YT instead.
In this video I got through the main points I made in that stream and what we are seeing now.
The evidence presented here helps us understand what is going on.
AriasWave is NOT Elliott Wave , so any comments made using that perspective have no clue what it is unless of course you are a member.
Wave 4 is almost complete and I am going to keep tracking it to keep you updated in case anything changes.
See previous related ideas 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.
STELLAR
STELLAR ANALYSISStellar ended corrective wave after forming 5 Elliot waves
Price rebounded from 61.8% Fibonacci level at 0.3495
Price is based above key level at 0.3660
Price broke upper edge of price channel with strong bullish movement
Above SMA 100
It's expected to target first HVN at level 0.4250
then finally target resistance level at 0.4700
XRP - 100% move incoming? Will the SEC lawsuit end already?XRP - 100% move incoming? Will the SEC lawsuit end already? XRP(Institutional) and XLM(retail/consumer) are much faster to transfer than Bitcoin. XLM and XRP can actually be used to buy goods in realtime not just for cross border payments. You have to think that if you walk into a store to buy something with Bitcoin, you are going to stand there and wait 10-30minutes for the transfer confirmations to complete? With XRP and XLM this transaction will settle in seconds. Don't sleep on XRP or XLM!
XLMUSD UPDATE - Wave 4 Almost Over - Expect One More LowHello this is Mike and welcome to you daily XLM update.
I had to wait for a few more waves to occur before I could make this type of judgement so here we are.
We are in Wave E of Wave 4 of Wave C.
Still holding USDT until we see that low and then I will convert back to XLM.
Trust the process and be patient. As I always say learning the waves gives you peace of mind.
See past XLM ideas linked below in related ideas.
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 - Price Action Is The Best IndicatorIn this video I bring you the latest AriasWave interpretation of the price action in XLM.
In my last idea linked below, we saw how AriasWave gave us the signal to Sell.
I don't like to use the word sell because I just converted to USDT which is a stable coin.
Once we hit the low I will convert back to XLM which means I will own more XLM.
If you don't know AriasWave how can you trust the process?
Well I guess I will just have to wait until this happens in order to prove it to you.
So for now good afternoon, good evening and goodnight.
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 - Wave C Still In ProgressWe broke the red line from my previous video.
So I have decided to convert all my XLM to USDT and wait for the new low to occur and then rebuy XLM.
Using this strategy I should be able to increase how many XLM I own.
Wave C hasn't completed so I thought of just using this as an opportunity to short it indirectly by moving to USDT.
I will keep you posted on these moves just in case something changes.
See all related XLM ideas below.
Now you see why I just focus on one coin, I want to make sure we get this right.
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 - Support Remains Intact For NowIn this quick video update I give you my latest analysis on XLM.
Please see previous related XLM ideas below.
So far we are seeing this play out the way I thought it would.
We need to break to the upside without breaking support for this count to be valid.
As you know the counts are ongoing and I am trying to keep you informed every step of the way.
Stay tuned.
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/USDT - potential 70%+ setupHello, Traders!
After the correction, XLM returned to the main trading range of $0.39 - $0.48.
Cumulative delta analysis shows buyers' interest in the asset.
Buy entry can be sought in the range of $0.372 - $0.392
Stop loss is to be set under $0.310 level.
Price Targets:
$0,480
$0,542
$0,652
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
Stellar- new leg up underway? (update)Yesterday I said that 0.4 zone is a good place for bulls to buy XLMUSD, and after the coin reached that zone, reserved back up.
Not Stellar has broken above recent consolidation and a new leg up could be underway
If we have a daily close towards today's high we can expect 0.55-0.6 zone to be reached in the near future
PAY ATTENTIONYou will be doing yourself a favor if you Stop and agree to read this with a free mind and little bias. Just take a moment and forget what you know or think about this coin.
The fact that the daily closed below the highs of the last bull market in 2018 indicates that this is not wave 3. A rule of wave 3 is that it doesn't look back, it just goes off. That means we are in the larger correction and that this up-move is most likely the middle wave B or X of the correction.
Think about the sentiment. How do you feel about crypto?
Most the people I know that are investing in crypto right now
1) Know very little about blockchain or investing in general
2) Feel super smart for making stupid money with no knowledge.
3) Think crypto is unstoppable and say diamond hands.
The main thing that freaks me out is that crypto has been following the Nasdaq lately and rising interest rates will KILL CRYPTO.
Low interest rates support Growth Companies. That's what crypto is.
A company that is running off retail investment and loans.
Lots of headwinds, and most people have already put all their money in!!!
Again, Think about how you feel about crypto.
Do you feel like there's no way and that it HAS to go up?
Cause that usually means you're about to lose money.
This first selloff was the initial panic.
Now we're in the hope phase.
Next is the Fear phase......
Once people on the news talk about the death of crypto. BUY!!!
That will be the bottom. The problem is I always get caught up with other things and miss it!! So set alerts!!
You can see my targets.
The only way I'll be confident we can make a higher high is if we get some large buying volume and break $0.65
$0.65 is currently the big resistance.
I plan to take profit around those and wait and see what happens.
I think you'd be fine in the long run if you just dollar-cost-average, but you have to be prepared for 2 years of up and down and just keep buying the dips.
That being said, XLM IS MY FAVORITE!!! :) I love everything they're doing and plan to support them for as long as I can. So you be I'll be buying as much as I can if we hit $0.12 again!
Stellar (XLM) formed another Shark for bullish reversal moveHi, dear friends, hope you are well, and welcome to the new update on the Stellar (XLM) coin.
Previously the XLM had a nice bullish reversal move after the completion of the bullish Shark move:
Now this time on the 2-day time frame chart, the price action of XLM completed another Shark pattern. There is also 50 simple moving average in the buying zone.
Buying and sell targets for Shark move:
Buy between: $0.3809 to $0.2955
Sell between: $0.4876 to $0.6908
Stop loss:
The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $0.2955.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 133%, and a high loss possibility up to 23%.
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 UPDATE - Just Another Day At The OfficeIn this video I start to introduce the XLMBTC chart into the equation to help you understand what is happening here.
XLM is bouncing back and this is just another buying opportunity.
Are we going to catch every single buying opportunity at exactly the right time? Maybe if you are a market Ninja.
It's funny how some of you try to bag me out yet you keep coming back for more. You guys are secretly my biggest fans, just admit it.
If you do not learn the waves you will continue to go through the stress of not knowing what is next.
Your own education is the most valuable thing, not just making some blind profits because of the hype around crypto.
FOMO = Bad Investment Decisions.
Lack of knowledge = Stress, which also leads to Bad Investment Decisions.
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.
Stellar ATH coming Stellar Looking good for big move,
0.920 is critical so I'll expect to bounce back down then up to ATH at 1.11
Fibonacci is siting right on 1.11 and my measured move it's sitting right on the price.
I'm not financial adviser please do your own research before trading,trading is risky and you can lose your money.
XLM - Tracking Minor Waves - Giving You Some More PerspectiveI will not consider selling any XLM until we have see at least 95% of this Zig-Zag Wave D completed.
We are no where near that yet so I will just continue to bring you these updates on a regular basis to keep you informed.
Knowing the AriasWave interpretations of how markets operate brings you peace of mind.
This allows you to focus your attention on other things in life.
I believe this is a very important aspect of why I created this because no one wants to be glued to a screen most of the time.
As I continue to grow the AriasWave community, all this analysis will eventually seem like a self fulfilling prophecy.
You get out of your subconscious mind what you put in it.
If you feed it with negativity you will manifest more of that into your life!
On the other hand, when you connect with like minded individuals that share those same goals and aspirations, your frequencies align.
I have been seeing this happen a lot lately during the last few months. I have no doubt in my mind of the synergistic effect this can have on your life.
Stay safe and peace to you all.
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.