XLM - Tracking Minor Waves - Update 2 for the 7th of May.Following on from my previous video you can see how the view has changed due to a break of the low.
I like to keep the labels the same so that I can show you how we react to changes in the analysis process.
I hope you enjoy the video as it offers a bit of an insight into how you start to think when you use the AriasWave methodology.
You can see previous ideas related to this process down in related ideas linked below.
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.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
XLMUSD
XLM - Tracking Minor Waves - Looking For Higher PricesIn this video I go over the latest price action which is happening at the highs.
We just need to see one of two things happen in order to give us the indication that we are either about to explode to the upside or see further correction.
So far it's looking like the former so let's just wait and see what happens over the next few hours.
The more action I see, the more videos I will post to keep you updated.
Check out the previous related ideas on XLM that have led us to where we are now linked below.
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.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Stellar ready for interstellar travelXLMBTC is the largest base I have ever seen in crypto. The weirdest and largest at the same time... This could seriously reach the stars once it gets going. I think there are some pretty big forces behind stellar, especially as Jed McCalleb has managed to escape from the wrath of the SEC.
Stellar is one of those coins that had a massive run in 2017, its supply also increased massively, was the only one that held strong without capitulating for so long... And was the only such large coin with such few listings. Clearly a lot have changed since then, tons of listings, tons of news pairs and so on... And I think this will have a massive impact on the price. Jed is also a very rich and powerful man and they are trying to do quite a lot of stuff to send it much higher. In terms of price, this is more than ready.
The two lines are the places i'd sell some short term. Looking fantastic and I don't think the pump will be delayed for much longer, especially when it makes a new ATH vs USD.
XLM - Tracking Minor Waves - The Bulls Are Getting ReadyIn this video I give you the daily update on XLM.
I discuss how labeling waves precisely at the low degree can be tricky but the generally works well with AriasWave.
Wave D appears to be almost complete so we are very close to the end of the Wave 2 correction.
A bull run is incoming... Stay Tuned!
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.
XLM - Stellar - Update - The Clues Are In The WavesIn this video I adjust the count by taking into consideration a few things.
When dealing with fractal patterns it is easy to mislabel waves but as the correction progresses you begin to get clarity.
When you love waves it's fun and exciting because waves are really like puzzles.
You find the waves that fit the criteria and you make an assumption by labeling but at the same time you understand what could change that assumption if it were to occur.
Here we have a classic example of that.
We have already established that we have a complete Wave (B).
So now we are looking for the bullish 1 - 2 pattern to be complete which helps us determine how much time there is left to accumulate more XLM.
The briefcases and rockets will be making a comeback soon, we like to have fun right?
Check out some previous XLM videos ideas linked below.
Each video idea builds on the previous video as I use AriasWave to find out the exact pattern in XLMUSD.
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.
Be Cautious.Could still be in a larger wave 4 consolidation, entering the next leg down. Targets can be around $0.30-$0.40.
Definitely not the end of the world, but they do say people that can't handle -30% corrections don't deserve 300x gains.
Sidenote:
BTC looks pretty bearish right now especially if it breaks below 52k.
I'd keep an eye on that as a sign for the overall markets larger trend.
Just be cautious. Don't trade with margin or high leverage...
(Not financial advice)
Stellar (XLM) - May 4Hello?
Dear traders, nice to meet you.
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Have a good day.
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(XLMUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 0.50032101-0.65641072 section.
In particular, we need to see if it can climb along the uptrend line and rise above the 0.61234368 point.
If it falls at the point of 0.44829110, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(XLMBTC 1W chart)
It remains to be seen if it can move above the 1029 Satoshi point and turn into an upward trend.
(1D chart)
We have to see if we can rise above the critical point, the 1029 Satoshi point, and get support.
In particular, we have to see if we can move upward from the 1130 Satoshi point and move towards the 1560 Satoshi point.
It deviated from the long-term downtrend line, and the starting point of the uptrend is expected to begin with support at the 1029 Satoshi point.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
XLM - Stellar - Let's Remind Ourselves What Is Going On HereIn this video update I go through the waves again and point out some key levels.
We have had the third and final piece of confirmation required in order to expect higher prices from here.
These are the some of the clearest waves I have seen on a chart which makes things much easier to interpret.
Stay Focused and Be Patient!
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.
XLM 1$ potential Rise to XRPXLM is Long 0,36 - 0.42 -0.45 , 0.48, 0.51 ,0,52 ,0.55, 0,59,0,61,0,64, 0,69,0,77,0,88-0,96,098,1,13,1,24,1,31,1,34
Not investment advice.
xlm is one of the least increasing coins with a really high potential for its impact rather than the Ripple case.
I have no doubt it will be like ripple. I expect it to do 8-9x in the long run.
It is very volatile, the aim is not always to increase the number of lots.
I'll give the short position with Btc. Coins that will make a big Wave with news of the economy and Vaccination.
I foresee the bear season for all coins in 2022 and before the Bear season,
there will be big and very rapid rises bubble and a decrease in the Buyer.
If Ripple wins the case, the only coin that will increase more than Ripple or as much as Ripple is Xlm.
Ripple,Ada= $
XLM= €,£
This war will be very bloody.
Each new age has destroyed impossible thoughts.
Do not be afraid.
Those who fear will always stay there afraid.
They want the price to go down, they'll be jealous.
Take enough steps, small or big, don't be afraid of whales.
The whales I know are very cowardly. Because at the thought of 0.01, they lose millions of dollars.
The one who is patient and thinks in the long term will win.