Stellar (XLM)- June 14hello?
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(XLMUSD 1W Chart)
Below 0.124080 is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 0.124080 to receive support.
(1D chart)
In the short-term and medium-term perspective, it needs to rise above the 0.124080-0.132063 section and find support to turn into an uptrend.
However, since a volume profile section is formed around 0.164204, it can be said that it is completely converted to an upward trend only when it rises above this point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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STELLAR
ARIASWAVE - XLM STELLAR LUMENS - PRICE ACTION UPDATEIn this XLM price action update I now revert the count to another common pattern which is called a Type-1 Weak 5-Wave Move.
I still believe this is going much higher however the first leg up will likely take a little longer due to extreme bearish sentiment plaquing the markets lately.
These fractal patterns can change in their appearance but still point to one potential outcome.
At these prices it would be wise to accumulate because we may never see them this low again.
Always focus on the bigger picture.
These small degree moves just allow me to practice wave identification using AriasWave.
Check out the previous related ideas below.
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 - XLM STELLAR LUMENS - PRICE ACTION UPDATEThe price action seen at the small degree still fits in line with what I would expect to see for a Wave ii correction.
Nothing here is telling me that we should expect lower prices.
I also outline the latest count for the larger correction since May 2021.
As I mentioned in the video I will linked the video below where I outline why I believe this is the begging of a very large trend to the upside.
The reason for this is because Cryptos are very closely correlated with the stock market.
Sometime the beginning of large trends can start off choppy but they eventually get stronger and even go parabolic.
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 - XLM STELLAR LUMENS - PRICE ACTION UPDATEIn this video we will be discussing what happened a couple of hours ago on the STRUSDT chart.
I think it is interesting to see these types of moves happen especially when they line up with the waves.
The only thing that is strange is that it didn't happen on the XLMUSD chart but still gives us a taste of what's ahead.
Now that things are getting interesting is when I start to increase the frequency of my updates.
Whatever is coming will be extreme and will likely catch a lot of people off guard.
Especially those that have already lost money in this bear market.
Market sentiment is roughly at the same level as it was in March 2020.
You make up your mind, what do you think will happen next?
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 - XLM STELLAR LUMENS - PRICE ACTION UPDATETake a look at this move that just happened on the STRUSDT chart.
Here is a good example of how Wave D can make people think that it's the continuation of the trend.
That was a 70%+ pump in a matter of moments.
Just another example of how ARIASWAVE price action is readable on every degree of trend.
Now it appears more likely that we will see a bounce shortly because this can be none other than the beginning of a Wave iii to the upside.
This relates to the idea linked down below, see how this move was anticipated using ARIASWAVE before it happened.
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.
Stellar Lumens XLM Is Using The Support Of Previous TriangleHi friends, and welcome to the new update on Stellar.
Big wedge and key support:
On a weekly time frame, XLM has bounced from the key support of $0.12 and the support of a big falling wedge pattern. This move can also be seen on a monthly time frame.
After breaking out this wedge the next move can be up to $0.75, which is the top of this wedge. Before this XLM had already broken out a big channel as well.
Symmetrical triangle and external supports:
On a 4-hr time frame, Stellar has broken down a symmetrical triangle. But it has still a down trendline support and the previous triangle's support is also still in play. Therefore,
there is a probability, that XLM will breakout the resistance of the triangle using these supports. After the breakout XLM can also break out the next resistance of $0.154.
Conclusion:
Even though Stellar has broken down the triangle but some external supports are in play therefore, there is a possibility that stellar will breakout the same triangle whcih is broken down.
XLMUSDT Failing to break the 1D MA50.*** ***
For this particular analysis on STELLAR we are using the XLMUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where Stellar Lumen has been consolidating since its May 31 short-term High, which is still a Lower High within the Channel Down pattern that started in November 2021 and more importantly having failed to break above the 1D MA50 (blue trend-line), which is technically the short-term Resistance.
This is familiar ground for Stellar inside this pattern as every time the RSI entered the 55.00 - 60.00 Zone, the price got rejected on the 1D MA50. As a result, until proven otherwise and a 1D candle closes above the 1D MA50, the price remains bearish within the Channel Down towards the the 0.10400 Low and in extension (upon 1D candle closing below) the -0.382 Fibonacci extension level.
On the other hand, if Stellar does close a candle above the 1D MA50, we can take a short-term break-out buy trade targeting the 1D MA100 (green trend-line). A buying extension on the long-term can only be sustainable if the 0.786 Fibonacci retracement level breaks (0.2017 currently), which within the Channel Down has never been broken during a Lower Highs rebound. If that happens this time, then it would mean a price break-out above the 1D MA200 (orange trend-line) too, which is unbroken for the whole 2022.
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ARIASWAVE - XLM STELLAR LUMENS - PRICE ACTION UPDATETake a look at these waves happening at the small degree.
Once you do I will explain what each one means according to ARIASWAVE.
If you do not understand what each wave means then it just makes things harder.
It makes it harder to feel confident about what you are invested in.
It also makes it very difficult to get a feel for the larger pattern in progress.
That's right, markets are not random.
They are the sum of the whole representing predictable human psychology.
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 MARKET UPDATE - Reversal to the Upside is Taking PlaceIn this video I go over some key pieces of information that I am getting from the waves for the long term.
Every now and then I jump forward a few steps as this helps me get a sense of what could lie ahead for these markets.
Using every clue I can possible get out of the waves it appears as though these markets will experience big moves in the future.
For now we will focus on seeing a final move up in order to increase our capital in order to prepare for what is ahead.
There is no point knowing what will happen next if you don't know what comes after that or least have any kind of clue.
ARIASWAVE is all about understanding the potential movements ahead.
Regardless of what happens I truly believe we live in very interesting times.
I also believe that anyone that makes the right decisions from now on can set themselves up for future success.
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 - Some Cryptos Might Pump Up To 10,000%+ From Here...Here we are going to consider some new analysis that may prove to be worthwhile.
We may be witnessing the beginning of the last move up before Crypto Winter sets in.
Yes I am still bullish however this analysis changes the extent of the bullishness.
In this video I explain the reasoning as to why this may happen according to AriasWave.
There are a few things to take into consideration before making any decisions...
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 - XLM STELLAR LUMENS - PRICE ACTION UPDATEIn this Price Action update I detail the waves that have occurred at the lows and what they mean for price going forward.
Check out the last video below linked in related ideas.
I have also linked other ideas down there too that also indicate a recovery back to highs across several markets.
I am only posting these type of updates when I believe it is important to do so.
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.
Stellar (XLM) formed bullish Gartley for upto 2460% rallyHi dear patrons, hope you are well and welcome to the new trade setup of XLM.
On a monthly time frame, XLM has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLMUSD Updated View 5/22/22We can view two periods of upward movement in the first bull market
This can be correlated to the current market state of a retreat from the 'first up move'
Following this up move as per the prior bull run another bull run comes 'second up move'
We just haven't seen enough growth as of yet to call the bull run completely over
XLM/USDT - Potential Short ScenarioHello Traders!
The XLM ends the decline phase usually followed by an accumulation.
The return of the price to the main trading range of $0.050 - $0.116 will give the opportunity to find entry points for medium-term purchases.
It's worth accumulating closer to the support level of $0.050, in the range of $0.050 - $0.073.
Price levels of $0.137 and $0.200 will be the profit-taking targets of such trades
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Stellar (XLM) - May 12hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(XLMUSD 1W Chart)
If it falls below 0.124080, it is expected to enter the mid- to long-term investment zone.
(XLMUSDT 1D Chart)
If it falls below 0.1240, it is expected to enter the mid- to long-term investment area.
However, it can touch the 0.1090 area and rise, so careful trading is required.
A move above 0.1597 to find support is important for a transition to an uptrend.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
This Move Of Stellar Lumens XLM Can Be A Confirmation Of AnotherHi friends hope you are well and welcome to the new update on Stellar.
Broke down the channel and H & S:
On a 4-hour time frame, XLM formed a down channel and during the movement within the channel, the priceline also formed a Head & Shoulder pattern. Finally, XLM broke down the neckline of H & S and the support of the channel.
The target for the Head & Shoulder pattern to the downside was $0.15 and the price action even moved lower than this target. Right now the pricline line is moving up and if it will be rejected by
the support of the channel (which is now working as a resistance) then it can set another lower low.
Short-term support and resistance levels.
On a 1-hour time frame, there is $0.14 support and the priceline has bounced from there and now moving between the $0.15 support and $0.16 resistance levels. If it breaks out $0.16 the next
resistance levels will be $0.17 and then $0.18.
Huge falling wedge:
On a weekly view, Stellar has formed a huge falling wedge pattern and now moving down to the support of this pattern. If XLM tests the support of the wedge then it can drop at $0.12. But after
testing the support a big reversal move is possible.
Conclusion:
On a smaller time frame, If the priceline will not be able to breakout the support of the channel as resistance, then the next move can be $0.12. But on a bigger view, after testing the support of the wedge big bullish reversal will be started.