XLMBTC looses $32k support then down to $29,800 and I suppose this will fail we are looking at a monthly stochastic RSI reset. This is only a theory right now. But the weakness in alts are showing a possible bear market.
XLMUSD
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.
(update) XLM/USDT broadening wedge is still reliable!Hi every one
STELLAR / TETHERUS
this is only an update on XLM/USDT situation as you can see the XLM has not broken out of the broadening wedge and just touched the bottom line of this pattern but there are Hidden bullish divergences on MACD and RSI indicators now so this means the price has bigger chance to increase from this point rather than decreasing!
Previous Analysis
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
XLM - UPDATE - Different Charts\Waves Still Looking For That LowThis is Mike and welcome to your daily briefing on XLM.
Here we go through the current move and what it means for each chart.
We cover all of the usual suspects: XLMUSD - XLMBTC (BITTREX & BINANCE)
Once I resolve my TradingView to Youtube issue hopefully I can start pumping out more material.
See related ideas below to see how we managed to get to where we are now.
AriasWave technicians aren't moved by suddenly jolts in the market, this gives you peace of mind.
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.X Target .547760 for 36.94% $XLM.X Target .547760 for 36.94%
Or next add level is at .252240
I have no position here... I'm just charting for you crypto maniacs and I'll check in on this one here and there...
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
XRPXRP appears to be in a very complex correction.
The volume off the C wave is lackluster.
We need more time to analyze.
But without using EW I could see something like this playing out.
Stellar (XLM) - June 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(XLMUSD 1W Chart)
If the price holds above the 0.29261600 point, it is expected that the uptrend will continue.
(1D chart)
It remains to be seen if it can move above the 0.44829110 point and turn into an uptrend.
If it falls from the 0.40581141 point, Stop Loss is required to preserve profit and loss.
However, careful trading is required as it can touch the 0.29261600 point and rise.
-------------------------------------
(XLMBTC 1W chart)
(1D chart)
It remains to be seen if it can rise above the 1130 Satoshi point.
If it goes down, we should see if there is support in the 963 satoshi-1024 satoshi range.
If it falls from the 963 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it may follow an uptrend line, so you need to trade cautiously.
------------------------------------------
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.
------------------------------------------------------------ -----------------------------------------------------
** 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$XLM on the move here putting in a minor 5 wave impulsive move off the lows of the ABC larger trend correction.
Targets of interest are : Wave3 .54c and wave 5 .66c
XLM UPDATE - Don't You Just Love The Waves? No New Low YetIn this video I once again bring you the daily update on XLM.
So far we have not seen the Wave 5 low completed but we are getting there slowly.
I love patterns and the latest pattern I can see is trolls in the comment section flocking together like birds of a feather ROFL
You come here because you love to be updated on the AriasWave interpretation.
Even trolls are followers, yes they actually are. Look up the public available list of my followers. Quite amusing.
Bring it on I love it because in the end they will evaporate just like their egos when they wake up to themselves, no guarantees there LOL.
I appreciate all of the true followers that just want to know what is happening.
Stay true to yourself and stay safe.
See related ideas below in the related ideas section.
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 - 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.
XLMUSD WWith the Dip that took place in the crypto market most of crypto retraced perfectly on top of the 618 on our fib retracement which confirms to us that the market was taking a breather and is about to melt faces so I hope you took advantage of the Dip and bought at a lower price and if so you better brace yourselfs
XLMWeekly TF on XLM looks as if 5 waves have completed after the 2018 bear market. I am waiting for more PA to understand where we are in this current move.
Stellar is cheap now !
Ripple and Stellar prices were relatively similar (before 2021).
Either Stellar should be expensive or Ripple cheap!
Follow updates.
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 chart analysis #XLM USDT 4H CAHRT ANALYSIS...
👍 Hit The Like Button If You Like It...
Xlm Now Sitting Just Above The Strong Support Zone. Where Daily 200 Moving Avarage Working As A Support. So Price Should Hold This Support Zone As Well. Otherwise We Will See Again Bearish Move In Xlm To The 0.235$
Stellar Prepares for ATHStellar Prepares for ATH.
Stellar has not done yet to reach ALL TIME HIGH!
So stellar is on of the biggest currency which is preapring for this!
Check the Coinmarketcap .
Ukraine goverment accepts stellar soon!
XLMUSD : COIL / POSITION TRADEPut simply, Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stablecoins.
