XLMUSD
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.
Tell me how its different this time.....XLM headed to the moon.Fractals.
If they are demonstrating the same pattern, then when do we stop ignoring the inevitable?
Yes, the last fractal didn't complete to the top.
Well, thats why I give a range between the two horizontal red lines for possible region that XLM might top at this cycle.
Personally, I think we reach the upper red line by the Nov-Dec 2025.
Liftoff has commenced!
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.
#XLM #XLMUSDT #Analysis #ShortSetup #Wychoff #Distribution #Eddy#XLM #XLMUSDT #Analysis #ShortSetup #Wychoff #Distribution #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of the Phases of Richard #Wyckoff #Accumulation & #Distribution on #Bitcoin #Currency from the link below :
#BTC #Bitcoin #Final #Update 'D' #Wychoff #Distribution #Eddy
Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
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Analyses of Trading Ranges By : Dr. #Eddy SunShine 👨🏻💻 2/14/2024 ❤️
An inverse head & shoulders pattern formed in XLM.Today was an incredible day for many cryptos, and not so much for others. But one thing you can be sure of is that XLM has been spending the past two weeks forming a perfect head & shoulders pattern on the 30 minute chart that, assuming it plays out bullishly, is almost near the take off point!
If price action breaks out of the dashed white line at the top of the wedge pattern, we could see a dramatic price increase in the coming weeks. This could also be a great sign that XLM could be well on its way to gaining ground, and starting a new bullish trend in the mid to long term.
Good luck, and always use a stop.
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%.
XLM MOON SHOT VIDEO - Breakdown Of The Chart Idea...In this video I go through the chart I posted.
Recently, I've observed something quite intriguing that suggests the significant upward movement might occur sooner than anticipated.
From a trading perspective, I believe there's some promising potential here.
If this analysis holds true, XLM could potentially surge to at least $0.79 from its current position.
A breakthrough above $0.11714 followed by another above $0.138837 could signal the beginning of a third-of-a-third wave. Additionally, we've witnessed a breakout from a sloping trendline, followed by a retest, and there's also a miniature inverse head and shoulders pattern forming at present lows.
Considering the XLMBTC chart is currently at all-time lows, I anticipate a reversal in its performance relative to Bitcoin.
Let's monitor how this unfolds.
STELLAR MOON SHOT - Is It Finally Time To Go Long XLM???Recently, I've observed something quite intriguing that suggests the significant upward movement might occur sooner than anticipated.
From a trading perspective, I believe there's some promising potential here.
If this analysis holds true, XLM could potentially surge to at least $0.79 from its current position.
A breakthrough above $0.11714 followed by another above $0.138837 could signal the beginning of a third-of-a-third wave. Additionally, we've witnessed a breakout from a sloping trendline, followed by a retest, and there's also a miniature inverse head and shoulders pattern forming at present lows.
Considering the XLMBTC chart is currently at all-time lows, I anticipate a reversal in its performance relative to Bitcoin.
Let's monitor how this unfolds.
XLM will likely drop an additional 25% before it rebounds.XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out.
Good luck, and always use a stop.