XLMUSD.P trade ideas
XLMUSD (1H) - Bullish breakoutHi Traders
XLMUSD (1H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 0.0917 resistance level. Only the downward break of 0.0895 would cancel the bullish scenario.
Trade details
Entry: 0.0917
Stop loss: 0.0895
Take profit 1: 0.0931
Take profit 2: 0.0953
Score: 8
Strategy: Bullish breakout
XLM 1D chart. Let me know what you thing ?Hello my Friends.
Let's take a look at my thinking which is that we should sit on support and see some nice run over the 14 days. I don't mean only now a coin like XLM, but many others.
What I like about this chart is the similarity of how the market behaves. Here we see that we are sitting on the range. I am currently slightly below the range and if we are able to get back into the range and consolidate, I would say this scenario is very likely.
XLM - Stellar Lumens - Where's The Rally? There is none.Over the past few months, I've consistently stated that we're yet to witness a bottom in the XLM or broader crypto markets.
If my warnings went unheeded, you might have experienced some losses.
It's completely normal to feel exhausted by this ongoing bear market.
Indeed, the market has a knack for wearing down both traders and investors.
If you've been keeping up with my analysis, you would know that, based on the present downtrend, the bottom is likely a year away at least.
What's your next move from here?
ARIASWAVE - MARKET UPDATE - You Don't Know What You Don't Know..As the world changes, I aim to provide truth-seekers with the knowledge to prepare for what's ahead.
With my unique set of skills, I've developed a system for making accurate market predictions, which I share in this latest AriasWave market update.
While the Dow Jones is just one piece of the puzzle, I draw on years of experience to make informed assumptions about where the markets are headed.
Despite the impending collapse, I see opportunities for those willing to understand my work and the patterns I've identified.
While I no longer teach AriasWave, I continue to refine my skills and advance my understanding of market waves.
The potential for this approach will become increasingly clear over time.
Many have predicted a massive crypto rally and recession for 2023 that likely won't happen.
Through me and my insights into the waves, you'll gain a unique perspective and understanding of our uncertain world.
XLM Breakout Amongst BTC TopFew months until this happens, or until the top...
Breakout near and after Bitcoin top...
Will mostly underperform as long as Bitcoin remains under 60K...
Extremely undervalued right now has strong support...
Even if market crashes downwards for any reason, expect price to rest above 2019-2020 levels..
At point of a possible crash, can safely accumulate more, to level out...
XLM is a big player, high market cap, and has a great community...
Long term for $5 in years to come...
AW Crypto Market Update - Ethereum - Bitcoin - XLMThis video aims to give you an indication of where we are within the ongoing correction for each of these digital assets.
I expect to see weak price action with limited upside in these markets as the full corrections come to an end.
Once we see the momentum wane in a choppy manner, the final move in each market should lead to an inevitable blow off top.
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 adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***