XLMUSD.P trade ideas
AW Stellar Lumens Analysis - The Bullish View For XLM...No doubt some have been waiting to see what the recent change in analysis overall means for XLM.
These ideas have finally filtered down to this chart where I indicate the possible reason why it has never been easy to gauge.
I find that Wave E's give you good practice when it comes to analysis.
The drawn-out nature of these waves really does weigh on sentiment, and they seem like they will never end.
These waves also mark the end of a correction once they complete so getting them right is rather helpful.
Knowing this I always have to keep refining my view and analysis across different charts until eventually it becomes clear.
Like a lot of markets XLM needs to make another low before this happens, we also need to see Wave E of Wave 4 complete at the lows beforehand.
See below related ideas to see how these expected moves are a common theme across these markets.
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.***
XLM. When bull began his run.An ascending channel with a possible short-term correction to $0.088 area, where an important level passes, which is likely to become a pivot point for the bull start if haven't already done so. Also, yesterday the price touched and bounced from moving average, indicating support and a likely uptrend continuation.
A potential bullish path for XLM in the coming weeks.There is a good chance that due to the rapid rise in digital assets like XRP, XLM, ALGO, HBAR ect... in the recent weeks that a pull-back may present some really good buying opportunities to add to the stack before the big...big move that we all know is coming soon.
XLMUSD descending triangle - SHORT (NEW)XLMUSD looks ugly , not different than other coins.
The price broke to the downside of the descending triangle pattern.
We already saw a successful bearish retest and previous support now is acting as a resistance. We're expecting 18- 20 % dump soon.
Target shown on the chart.
Good luck!
AW Stellar Lumens Analysis - The Definitive Conclusion For XLM..Taking all of the conclusions I have made in the last week, here I present what could be the best interpretation for XLM yet.
After coming to this conclusion, it is not hard to see that in the future this would be looked at as the beginning.
The first 1-2 structure that will eventually lead to much higher prices and insane percentage moves to the upside.
A lot of people that specifically view my work on XLM should hopefully by now have a better understanding of what is going on here.
Corrections do take a long time to complete, they serve as the foundation for the next bull market.
Wave 2 is the second chance to get into the market, so there is no point feeling like you have missed out.
On the contrary, you will one day be considered an early adopter.
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.
AW Stellar Lumens Analysis - In-Depth Analysis of Wave C...In this video I comb through each individual wave and provide some perspective as to where we are in the pattern.
Towards the end I also introduce another scenario which may be unpopular with some people.
We do however need to consider all the possibilities in order to get a feeling of how much time we have left to prepare for a bottom.
I will provide updates along the way in order to try and determine which of the scenarios presented here is likely to play out.
Once you see the reasoning behind this analysis hopefully it helps you with your own conclusions.
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.
XLMUSD Looks Mighty InterestingThis one has broke out of the defending wedge on the daily timeframe, backtested, and is starting to push back up. I’m looking at $0.11 as a strong resistance in the short-term.
I also see it may be creating the right shoulder of an inverse h&s now.
Zooming out on this chart and you can see that XLM has almost reached the apex of a massive descending wedge. This one could rocket back up once it starts moving.
What do you think?
Not financial advice.
Don't forget Coinbase is delisting XLM this month.Major announcement
Many cryptocurrencies are getting removed from exchanges this year.
As those tokens get moved to other exchanges more supply is added
and if trade volume doesn't peak the assets value will decrease big time.
Bitcoin cash
Ethereum Classic
XRP
XLM
and so many more are leaving major exchanges.
Stay up to date and make sure your not buying or holding delisted tokens.
AW XLMUSD Contrarian View - Signs of a Bottom in Sight...After coming full circle with all my analysis including the last Bitcoin contrarian view, I am glad to say that a bottom is in sight for XLM.
Everything is now pointing to a move up across the board.
If the charts don't confirm it, then I simply cannot change my view until there is sufficient evidence.
We are not there yet but if we are to see this last zig zag unfold and then the waves somehow retrace that zig-zag then it is a sign of a reversal.
Since calling the top in XLM at 43 cents in November 2021 it has fallen 83% which would have saved you a fair amount of pain.
Over this time my improved analysis abilities have led me to discover a potential bottom.
Another thing I have noticed is that way too many people are expecting a 2023 recession which is also indicative of a bottom.
As we know, the majority of people tend to buy high and sell low, obviously we do not want to be part of the herd.
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.
XLM - It’s a cold winterXLM has been on a steady downtrend since October 2022. This turning point started with the falling wedges forming. We see a consistent fall and testing support, which eventually turned into a resistance line (see. RL #2). A new resistance line forms around the $0.075 mark - which it seems to not breakthrough in the near future.