XLMUSD
XLMUSD UPDATE: Wave 2 Looks Complete, Let's Get Down To BusinessIn this video I explain what I have been doing during this last week in the lead up to this upcoming move.
The mid-term view has changed to indicate that the move up since March 2020 is not quite over yet...
Something bigger is coming.
If you haven't yet taken the time to learn the waves then once this next move happens you may want to begin...
There is so much more coming in these markets over the next few months that will really hit hard if you are not careful.
Knowledge is power because when it's all said and done you don't want to be left holding the bag.
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) - July 15Good morning?
Welcome, traders.
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Have a good day.
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(XLMUSD 1W Chart)
If the price is maintained above the 0.23438790-0.292616 range, it is expected to create a new wave.
If it declines from the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
(1D chart)
If it finds support in the 0.20794233-0.26657249 section and rises above the 0.26657249 point to maintain the price, it is expected to turn into an uptrend and move up.
In particular, you should watch for any signs of an uptrend along the uptrend line.
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(XLMBTC 1W chart)
Looking at the big picture, it is expected that it will create a new wave when it rises in the 428 Satoshi-1288 Satoshi section, which is the bottom box section.
In particular, you need to break out of the downtrend line.
(1D chart)
We need to see if we can get support and rise by climbing to the 737 Satoshi-825 Satoshi section.
If the price is maintained above the 825 Satoshi point, it is expected to turn into an uptrend and rise.
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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)
XLMXLM hourly chart broken down here shows we are still within a long boring correction, I suspect a little volume push should change that soon and catch many offsides.
XLMUSDTXLM is moving in an ascending line and the pattern looks bullish to me.
I have already touched point A of ABC pattern and I think it should meet point B at around 0.31 zone. where
How far it can drop from the current potential for another support.
Always set stopLoss.
Best wishes.
XLMUSD QUICK UPDATE - Moon Slingshot In Progress...In this video I give you a quick update "THE WAVES"
It''s no joke, this thing has PO tential.
So let's all gather round and observe with an open mouth, how far north it could go when most thought it would go south.
Please check out my previous related ideas linked below.
...and if you find this analysis worthwhile and entertaining, you know what to do.
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 2 Looks Complete. Time For A Move Higher.In this video I cover the latest pattern in XLMUSD which to me indicates that a bottom is forming.
I walk through a few levels that should be broken in an impulsive manner for confirmation purposes.
I also cut over to US Dollar and briefly talk about how I expect this pattern to unfold.
Using all manners of analysis I have compiled a list of reasons why I believe we are only half way through the move that began in March 2020.
There is no getting it confused at this point, you are either a bull or a bear. You are either in or you are out.
The decision you make today will reflect your knowledge in the months to come.
Are you ready?
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.
XLMTrying to count XLM is increasingly complex b c I would dare to say (probably b c I love XLM) that if XLM was a stock it would give BTC the middle finger and just pump now. But because the market is under such pressure I imagine that wont be the case, so I present 2 possible scenarios .
#XLMUSD $XLM | Stellar LONGS above 26 cents Like this XLM > 25/26 cent zone as a good buy area to target 28/30 cents and possibly higher
Trade Safe
XLMUSDT (1H CHART) - Channel Breakout XLMUSDT (1H CHART) Technical Analysis
XLMUSDT currently trading at $0.266
Buy-level: Above 0.265
Stop loss: above $0.255
Target 1: $0.273
Target 2: $0.282
Target 3: $0.292
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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XLMUSD UPDATE - Wave 2 Still Progress - Looking Clearer Now...In this video I explain the process of elimination that is required in order to filter out incorrectly identified waves.
If it's not one thing it's another because there can only every be one true count.
In the process of finding the true count you start to see a clearer picture as more of the waves occur.
Patience is an important factor because it helps you free up some of the processes in your mind so you can focus on learning the waves.
This move will likely drag out a bit longer due to the complex choppy pattern that is currently in progress.
See previously related ideas down 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 - 0.618 Inverse RelationshipStellar during its downtrend, within the fib wedge, can be seen to trend briefly along 0.618 fib circle line, then dump through the 0.618 fib wedge
Inversely during Stellar's current uptrend, a move upward can be seen through 0.618 of the Fibonacci wedge
Hence the relationship
XLMUSDCOINBASE:XLMUSD is neutral-bearish. As long as we remain above the blue uptrend line there is a potential for more upside.
Steps to take:
1) Buy at blue uptrend area OR multiple buy signals OR at .308 support area
2) Sell if candle open/close below .308 support area
Can also buy with candle open/close above resistance at .361 area
XLM moving in an Ascending Bear Triangle. Huge DIP comingXLM is moving in an ascending triangle and the pattern looks bearish to me.
I has already touched point D of ABCDE pattern and I think it should meet point E at around 0.31 zone. Post this there should be a major DIP.
How far it can drop we need to wait and watch.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Bullish sentiment ICP3 points of interest..
- sideways move during the swing low on MACD as well as volume decrease.
- RSI is bouncing up from 50
- BBands also tightening during swing low on MACD.
when blue line begins to move up on MACD price could move up very quickly.
Huge Buying Opportunity SOONSorry for the mess friends.
I have been watching this run up the whole time as its been forming and the continued price action has only confirmed what I've thought the whole time.
IF I'm correct and we finish wave ii (circled) with an expanding flat formation, following a leading diagonal...BIG IMPLICATIONS.
I'm hanging my hat on the belief that the big green box is a leading diagonal, meaning we will be entering a wave 3 of a 3 of a 3. That's the same wave that took BTC to 20k for the first time.
If we break down below the $0.20 to $0.22 range, I'd say this count is invalid.
If we hold it though, we're likely going to do 100x(+) long term from here.
(Not financial advise. Just what I see)
