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.
XLMUSD
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 - 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.