XLMUSD
ALGOUSD BOUNCE OFF SUPPORT LEVELALGOUSD has just bounced off a KEY support level at the Dynamic SR level of the drawn pitchfork. This correction gives a huge sentiment of a bullish market in crypto tomorrow. This will probably be the last pump of the cycle before the market crashes again. Time your exits well and stay alert.
XLM Move?XLM has sputtered out over the past day or so. Falling prices and lowering volume were a bad sign.
However, every time frame has oscillators bottomed out meaning this recent drop could be a shakeout before the move.
I believe we will see a big up side move soon as it is so primed for said move that it would take little volume for large upside moves.
What are your thoughts?
XLMUSD Bullish sentiment XLMUSD has seen a bearish run in the past 2-3 days. It has mainly found support at the 200 MA 1 Hr interval, and seems to be recovering from this point. In previous cycles XLMUSD bouncing off crossing the 200 MA has meant a bull run.
Another indicator on the chart is the Fibonacci retracement lines, they can be used to predict future price movements, and as we can see on the chart, we can see that the price is bouncing off the 0.5 level. This increases the bullish sentiment towards the price action of XLMUSD in the coming hours or days.
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XLM - Tracking Minor Waves - Move Up Expected From HereThe perils of posting regularly is that you make some early calls but the overall picture remains the same.
The wave revision only implies that Wave i was larger than originally expected and that sets the tone for the next move up.
Love the comments by the way, it just shows how passionate these XLM holders are.
As always I am here to bring you the latest analysis and I never fail to deliver.
Please see related ideas below so you can see how wrong I have been and haven't been throughout this process.
To me it's not about being wrong on the short term, it's more about being right in the long term.
Someone else said that if I am wrong on the whole view does that mean AriasWave is a flop?
Great let's wait and see what happens, I am always up for a challenge.
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.
Stellar XLMUSD - Potential Bullish ScenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price forming an Ascending triangle pattern
3. Following a rough uptrend line
4. Volume is low atm but it should expand at the BO
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
The XLM USD Price May Increase to Around $0.9045 in the Mid TermThe use of the Phoenix Ascending indicators and Fibonacci (FIB) retracement tool to predict the XLM USD price in the mid term (3D-12D). Please note that the Phoenix Ascending indicators and are freely available. Please see publications by @WykoffMode to learn how to use and interpret these indicators. As of May 5, the green exponential moving average (EMA) in the 4D crossed up over level 50 (green EMA = 87 on May 7). As illustrated by the green dotted line, the green EMA may continue to increase, reach an apex, then descend below level 50 around May 21. As of May 1, the green EMA in the 4D was contacted then crossed by the red stochastic relative strength index (sRSI). As illustrated by the red dotted line, the red sRSI may move in a slight downward then slight upward path, crossing the green EMA as the green EMA descends. As of May 5, the white energy (WE) in the 4D had crossed level 50 (WE = 64 on May 7). As shown by the white dotted line, the WE may continue upward, reach an apex, exhaust, then descend below level 50 by May 29 to June 2. The blue least squared moving average (LSMA) may continue along the path depicted by the blue dotted line. During this time period (four, 4D bars, 16D) the XLM USD price might be observed in proximity to the 0.786 FIB ($0.9045). This is not financial advice. I am not your financial advisor. This is my opinion.
MY MINIMALIST CHART ANALYSIS FOR $XLM$XLM - STELLAR ON A DAILY CHART
5.8.21 1002H +8 PACIFIC
MY PRACTICE MINIMALIST ANALYSIS
ENTRY AND EXIT POINTS FOR A SWING TRADE
USING RANGE BOXES
Note:
This is not a piece of financial advice.
I am just a student and still learning.
Adjustments will be made in
accordance with The Dynamics of the
Market along with Trading Psychology.
Postings done most of the time will be
delayed, as it takes time for me to finish
on several assets.
Updates will be posted religiously if time
permits.
XLM - STELLAR - V is for VICTORYLEARN THE WAVES - ARIASWAVE
V is for VICTORY
LEARN THE WAVES - ARIASWAVE
V is for VICTORY
LEARN THE WAVES - ARIASWAVE
V is for VICTORY
LEARN THE WAVES - ARIASWAVE
V is for VICTORY
LEARN THE WAVES - ARIASWAVE
V is for VICTORY
LEARN THE WAVES - ARIASWAVE
MAGIC PEOPLE - VOODOO PEOPLE
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 - Update 3 - The Future Is Here - Be At The ForefrontThe is update 3 for today which is also the final video for today.
This is the Main Event.
This is where I tell you to learn AriasWave because that chart says so...
The results say so...
The proof is in the pudding.
You decide.
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.
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.
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.