#XLM breakout$XLM - 4h Chart
Entry: 0.1172$
Stop-Loss: 0.1140$
Target: 0.1311$
Risk Reward Ratio: 4.1
XLMUSD.P trade ideas
Stellar Lumens waiting for a pullbackAfter breaking through a diagonal resistance line, the price is testing another diagonal mini resistance.
I would expect a return on the support in red for a good entry, unless it gives indications that it won't go back there anymore.
XLM not looking goodXLM picked up no steam on ETH pump, ETH sentiment looks bad now XLM could drop to .07 from here, as sad as it is this is the time to be selling, ill be selling ATLEAST half of my positions on this small supportive bounce, I think this support will be invalidated and we could test lower to levels of .09 first then to .065. A move above the supportive red line would invalidate the bearish scenario
XLM PRICE ACTION - The Bear Market May Continue Based On This.In this video I once again take a step back and look at the bigger picture in order to try and better understand these patterns.
I am very careful to label waves that do not look quite right but when everything that comes later becomes a bit clearer action must be taken.
No one really knows exactly how the Wave Component is going to evolve therefore I offer different views.
Not only in terms of the small degree waves but also at the larger degree.
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 - PRICE ACTION UPDATE - Let's Check Out The Wave Count.In my previous XLM update I pointed out a few things that suggest that we could be looking for a bottom.
When I say bottom I do not mean long term but rather we are looking for a 5-Wave Move.
If this is the start of that move price action appears to be moving accordingly.
The clues provided by the waves indicate that we a just retesting a break of the declining trendline.
I only pay attention to these trendline breaks when they coincide with the waves.
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.
ETHEREUM - A Deep Look Inside The Waves.As mentioned in the video I haven't really posted much about Ethereum because I have been thinking long and hard about the pattern.
It is all starting to make a bit more sense now given that we are in this bear market.
As the waves evolve I start to see things in a different light because every wave provides a clue about the future.
This is the first true deep look at Ethereum rom an AriasWave perspective.
No doubt Ethereum is an amazingly game changing revolution but it is still just another chart that needs understanding.
In this video I give you my take on what could be potentially be ahead for ETH.
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 - PRICE ACTION UPDATE - COULD THIS BE A BOTTOM???In this video I discuss the possibility that we could be looking at the bottom of a Wave A.
I have been looking at this pattern for days and I cannot make a bearish case for lower prices.
Cryptos are going all over the place lately and I think it is fair to say that no one really knows.
Using AriasWave I am using some clues to make an assumption and that assumption indicates that we may see a range bound market with plenty of ups and downs.
There will always be opportunities to make profits in these markets but for me personally I don't see a better option at this point.
In essence this would mean a move back to the highs before we see another decline.
For now lets stick to what is right in front us and take it as it comes.
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 - PRICE ACTION UPDATE - TAKE ADVANTAGE OF SMALL MOVESThis is by no means financial advice, I am just another dude on the internet that could be wearing no pants and possibly drunk.
You have probably seen the nice move in my MATIC idea and a nice pump in Bitcoin.
I have started going back to leveraged trading due to the slowness in this bear market.
That means I need to make every move count.
Using the AriasWave methodology I will explain exactly how I am going to do this, not just in XLM but wherever I see opportunity.
If your just looking for the dopamine casino hit this is not for you.
This takes a great amount of skill using AriasWave so I suggest you get familiar with this methodology.
There is nothing wrong with taking calculated profits on margined trades because you can always jump right back in if you know how.
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.
Wave Forecast...Speculation has decimated these markets recently and many people will never return just like many projects also, A lot of these old boring coins with utility are still here and doing things behind the scenes that will eventually become noticed.
great reversal by xlmflipped both intermediate supports/resists. Awesome bullish flag, expect a test of .118 before continuation or further downside
XLM SHORTH&S pattern for the short. No TP1, just 100% TP and possibly a big long to come. XLM looking very strong imo
ARIASWAVE MARKET UPDATE - NEW WAVE COUNT EXPLAINED...In this video I continue on from my XLM PRICE ACTION UPDATE which I will link below.
It all started a few weeks back when the price action was invalidated on the XLMUSD analysis.
Instead of just jumping the gun, I took my time in analyzing and discovering the flaws in my previous analysis.
Just because the main stream media is bearish didn't mean that I was going to follow along.
Instead I took it upon myself to try and understand what is happening in order to find any clues that might lead me on that path.
So now I present a more bearish view in a timely manner, pointing out the reasons why I believe we will go lower for a period of time.
This could potentially lead us into the end of the year but at this stage it is best to just follow the waves.
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 STELLAR LUMENS - PRICE ACTION UPDATE - CHANGED COUNT!This idea is the first of the public ideas that reflect the new change of view for the broader view of the markets.
Ever since we had the failed continuation of the previous count I have been looking into why this happened.
Since then I have been looking deeply into the price action in the Dow Jones, NASDAQ, Bitcoin and EURUSD.
I have adjusted those count which happened over this period and now I will begin presenting the new view.
I will only be presenting the current wave structure from now for each chart for the sake of clarity and to make the videos shorter and more to the point.
Keep an eye for my next market update which will explain this change of view in greater detail.
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/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The bottom looks like it's in. I can still see another leg down tho (C) wave shows another leg down to 0.05 area. This scenario is not likely to come, but never say never.
How I would trade this: Buying now and adding on the way down if it goes. We call this method laddering down or dollar cost averaging.
Once again, not financial advice.
Risk/Reward: 17.5
People say never go in on trades if RR ratio is not around 3...
This is huge.
ARIASWAVE MARKET UPDATE - Turns Take Time, patience required.In this video I take you through some simple cycle analysis to add credence to my wave counts.
Things becomes a bit clearer when you take a step back and look at the bigger picture.
What exactly do people expect will happen to the markets?
Since when did the main stream media warn me that a crash is coming in time to save my capital?
If I relied on the mainstream media I would already be completely broke because the move down started months and months ago.
I am not buying their good Samaritan warnings. I am doing the opposite.
I am not just a contrarian but I also have AriasWave to guide me through these types of corrections.
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.
LONG - XLMUSD - 1HPAIR:- XLMUSD
INSTRUMENT:- CRYPTO
POSITION:- Long
STRATEGY:- Dow Theory + Candlestick Pattern
REASON:-
* Multiple hammers + engulfing
* Bearish candles getting smaller and smaller (momentum loss)
* Bulls are starting to step with 3 consecutive bullish candles, trying to catch from the bottom and ride the uptrend wave
Entry @ CMP
Take Profit @ 0.117981
Stop loss @ 0.106564
Risk to Reward:- 2:1
XLM TO $0.03 (£0.025)- XLM is in a downtrend as you can see.
- It will most likely reach £0.025
- The first target where I will personally take some small profits is at the 4.618 level at $4 (£3.30) - 132 X RETURN
- MY second target would be around $30 (£24) - 960 x RETURN
- So if you was to invest £1,000 at £0.025 you could turn that into £132,000
- If you was to invest £1,000 at £0.0.25 you could turn that into £960,000 this could take around 5-8 years!
- NOT FINANCIAL ADVICE!!!
ARIASWAVE - XLM STELLAR LUMENS - PRICE ACTION UPDATEIn this update I highlight how XLM has been taking a very clear path towards the target to complete the final 5-Wave Move to the downside.
So far nothing suggests that XLM will continue to plummet after this move is over but rather it should begin to form a base in the coming days and weeks.
Once we complete the move it is my assertion that we see a move back up above where this pattern began in order to confirm that the whole correction is over.
Don't be surprised if the broader markets also start to see signs of life.
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.
Interesting setup for StellarHere's an interesting setup for Stellar if it plays out. I don't expect this to work out given the headwinds all markets are seeing right now, but if stellar holds this line as support, it would potentially mean a big swing to the upside (7X back to the top). Invalidated if it breaks below.
Stellar will shock you - Play your setup right Stellar is getting ready for bullish strike - play your setup right , or market setup will outplay you
Beginners, dont underestimate the power of risk management - learn it
ARIASWAVE - XLM STELLAR LUMENS - PRICE ACTION UPDATEIn this video I cover the latest price action update for XLM Stellar - Lumens.
This Wave E is moving slow which indicates that the bear market has already weakened substantially.
To be honest not much has changed which is why I have delayed this update until now.
If you do not have a relatively accurate way of observing price action then chances are that you spend
a significant potion of your valuable time trying to figure out what is happening.
Nothing could be more painful than observing such negativity in the media and trying to find a good entry point.
That is exactly why I ignore everything I read and hear from the mainstream media that relates to the economy.
Treat the media as entertainment because that is all it is good for, if that.
My goal is to help you understand what is happening using ARIASWAVE.
Once we start this new bull market I believe it will become clear how effective this methodology really is.
Me myself I am just dollar cost averaging into this because it's likely that we will never see these prices again.
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 chart showing time to accumulate XLM has a lot of potential down the road we have a similar structure that is taking place that occurred in 2018-2020. Info in chart, this alignment would be perfect for the iso launch in November 2022
