STELLAR
XLMUSD UPDATE - Wave 2 Looks Complete. Time For A Move Higher.In this video I cover the latest pattern in XLMUSD which to me indicates that a bottom is forming.
I walk through a few levels that should be broken in an impulsive manner for confirmation purposes.
I also cut over to US Dollar and briefly talk about how I expect this pattern to unfold.
Using all manners of analysis I have compiled a list of reasons why I believe we are only half way through the move that began in March 2020.
There is no getting it confused at this point, you are either a bull or a bear. You are either in or you are out.
The decision you make today will reflect your knowledge in the months to come.
Are you ready?
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.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLMUSD UPDATE - Wave 2 Still Progress - Looking Clearer Now...In this video I explain the process of elimination that is required in order to filter out incorrectly identified waves.
If it's not one thing it's another because there can only every be one true count.
In the process of finding the true count you start to see a clearer picture as more of the waves occur.
Patience is an important factor because it helps you free up some of the processes in your mind so you can focus on learning the waves.
This move will likely drag out a bit longer due to the complex choppy pattern that is currently in progress.
See previously related ideas down 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 advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
Stellar - 0.618 Inverse RelationshipStellar during its downtrend, within the fib wedge, can be seen to trend briefly along 0.618 fib circle line, then dump through the 0.618 fib wedge
Inversely during Stellar's current uptrend, a move upward can be seen through 0.618 of the Fibonacci wedge
Hence the relationship
XLMUSDCOINBASE:XLMUSD is neutral-bearish. As long as we remain above the blue uptrend line there is a potential for more upside.
Steps to take:
1) Buy at blue uptrend area OR multiple buy signals OR at .308 support area
2) Sell if candle open/close below .308 support area
Can also buy with candle open/close above resistance at .361 area
XLM moving in an Ascending Bear Triangle. Huge DIP comingXLM is moving in an ascending triangle and the pattern looks bearish to me.
I has already touched point D of ABCDE pattern and I think it should meet point E at around 0.31 zone. Post this there should be a major DIP.
How far it can drop we need to wait and watch.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Huge Buying Opportunity SOONSorry for the mess friends.
I have been watching this run up the whole time as its been forming and the continued price action has only confirmed what I've thought the whole time.
IF I'm correct and we finish wave ii (circled) with an expanding flat formation, following a leading diagonal...BIG IMPLICATIONS.
I'm hanging my hat on the belief that the big green box is a leading diagonal, meaning we will be entering a wave 3 of a 3 of a 3. That's the same wave that took BTC to 20k for the first time.
If we break down below the $0.20 to $0.22 range, I'd say this count is invalid.
If we hold it though, we're likely going to do 100x(+) long term from here.
(Not financial advise. Just what I see)
XLM/USD- STRONG STRUCTURE=SIMPLE TRADING PLAN Xlm has a very well defined price structure with key levels which I’ve highlighted. Given these clearly defined, important levels it makes it very easy to plan a profitable trading idea. Fundamentally Xlm is solid IMO but I will not go into that as the technicals speak plenty. Looking at the chart we see we are clearly already a long ways from the highs and have experienced over a 3/4 of the value being cut from price top to bottom. We are still free falling and although catching falling knives is ill advised I’m here to say I think this is a knife worth trying to catch. This knife is so close to the ground at this point even if I don’t catch it, it’s still going to be right there on the ground for me waiting.
The most likely scenarios are first in green, followed by the some potential other outcomes to watch develop over the next few months.
My plan personally, I will be accumulating as many cheap lumens as I can around the the 20 cent range with recurring buy orders. If price breaks below I will allow the market to settle and hopefully pick some up below 15 cents as well.
Once xlm experiences a trend reversal it can be potentially an extremely violent, abrupt, and even illogical move upward similar to xlm’s evil sister, ripple, and so this is not anything we should be caught off guard by !
My money is in stellar and at these current levels I’m feeling very comfortable about the risk reward available.
I may begin to take some money off the top around 50 cents however market conditions will certainly impact decision making when it comes to profit taking time!
Best of luck trading I hope you were able to gain something from my analysis. Please leave a like or comment if you are up for it, I spent a while analyzing xlm and would love to get feedback.
Thanks, Sawyer
Stellar (XLM) - June 22Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(XLMUSD 1W Chart)
If the price holds above the 0.23438790-0.29261600 range, we expect the uptrend to continue.
(1D chart)
We need to see if we can find support at the 0.20794233-0.26657249 zone and see if we can move along the uptrend line.
In particular, it remains to be seen if it can climb above the 0.23438790-0.29261600 section.
To convert into an uptrend, you need to stock up on strength while holding the price in the range 0.26657249-0.38383280.
If it goes down from the 0.20794233 point, it could touch below the 0.16058117 point, so you need to be careful with your trades.
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(XLMBTC 1W chart)
If the price continues to rise above the 428 Satoshi-1288 Satoshi section, it is expected to create a new wave.
If the price holds above the 746 Satoshi point, it is expected to move up a bit faster.
(1D chart)
It remains to be seen if the 737 Satoshi-825 Satoshi section can support and rise.
If it goes down, it may touch near the 566 Satoshi point, so you need to trade cautiously.
To turn into an uptrend, you need to stock up on strength while holding the price in the 825 satoshi-1002 satoshi range.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** 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.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
XLM UPDATE - Alternative Scenario - Still Looking For A New LowIn this video I detail a what I believe is a Type-1 Weak Wave C.
I had to go back and look at Waves 1 and 2 properly in order to make this change in the view.
This is not an easy pattern to identify but I will lay it out as best as I can.
I do not expect XLM to go much lower but we need to see confirmation in the form of a bounce around this area.
I have marked out the areas of importance to confirm the reversal.
I hope this helps!
Please see related XLM ideas linked below in related ideas.
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.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM UPDATE - Wave C Looks Complete - Looking For Confirmation...In this video I go over what has been happening to XLM in the last few hours.
As I have been pointing out over the last several updates is that we had to make a new low before XLM can move higher!
I believe we are in the very early stages of a new uptrend.
Due to the the nature of Wave 5 of Wave C and how weak it was, we can expect a big bounce from here!
Now that we have seen this happen in this manner you can expect to see a wider range of markets covered in my posts.
The attention will now be directed once again to the bigger picture.
All these markets have unique patterns but when you combine the knowledge from each chart you begin to see the bigger picture.
Check out all my previous XLM ideas linked below in related ideas.
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.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
Stellar (XLM) formed big bullish Cypher for upto 200% big moveHI dear friends, hope you are well and welcome to the new update on Stellar (XLM).
Previously we have seen that the price action of Stellar formed a bullish Shark on the 4-day time frame chart and still moving in the potential reversal zone.
Now at the same time on the 2-week time frame chart, the price action of XLM has formed a big bullish Cypher pattern. There is also 25SMA support in the buying zone.
Buy and sell targets:
Buy between: $0.3474 to $0.2248
Sell between: $0.4439 to $0.6757
Stop loss:
The maximum extent of potential reversal zone $0.2248 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 200%, and the high loss possibility is 36%, however at this time the risk is low as the price action is already close to the end of the buying zone.
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.
#XLM showing signs of bearish Momentum Loss at the right timeAs you see here I am using the Bollinger Bands along with the Fibonacci Retracement tool, the Pink highlighted area indicates a loss in bearish momentum at the optimal time. Which is right at the lower Bollinger Band and touching the resistance line, this is a strong indication of a Bull reversal.
Let's see if this plays out as we move through the night into the morning.
*Not Financial Advice
XLM QUICK UPDATE - Wave iii Continues To Head Toward The LowsIn this quick video update I observe the downside price action that we have been expecting as XLM continues to make it's way down to the lows.
I will be tracking this throughout the day here in Melbourne.
Please check out previous related ideas linked 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 advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM forming a "falling wedge" ? 📊🤷♂️Again just to keep an eye on my own investment.
As i said befor, i will keep a track of my long term holds here.
XLM, XRP, VET, ADA, MATIC
If your not in this one, wait for the break out of the "falling wedge" ( if this is gonna hold )
always do your own reseach
Marttin
#XLM Fixing to break out of this wedge pattern!As you see here we just touched the lower band right here at the end of this wedge patter. Below I placed a Blue box so we can monitor the Volume which will play a huge roll in the price as we head closer to the weekend. I do believe we will break out of the top of the wedge, get a retest then a nice bull push.
I will continue to monitor as we move into tomorrow and through the weekend.
*Not Financial Advice
XLM QUICK UPDATE - Looks Like We May Have Completed Wave ii...Here is a quick update on what we can expect in the short term for XLM as we head towards the buying area of .27cents or lower.
Not much has changed apart from the waves which have made it clearer that this is a Wave ii and not the alternative scenario.
Please see related ideas linked 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 advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets. [/b
XLM UPDATE - 2 Scenarios That Could Be Playing Out Here...In this video I talk about the two possibilities that could be playing out here.
Firstly say that neither are bullish because we have not seen a new low made yet.
Either Wave D has ended and we are in Wave 5 OR we are still in Wave E of Wave 4 .
All the details of what to look out for are in the video so please pay special attention to the examples and what they mean.
Please see all the previous related ideas linked 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 advisor, I suggest using this only as a guide. Always do your own research.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
StellarStellar one of the coins I like. I don't expect it to drop below $0.25 and I will not sell it before $1.47. You can see the details on my chart.
XLMUSD - We Have Confirmation That Wave 4 Is Complete...First thing I saw on the wall as I woke up was that Wave E had just been broken which confirms Wave 4 is over.
So today I will be doing a live-stream on YT and another TradingView update later on.
Today is an important day because we have the confirmation we have been waiting for.
Even when the count was slightly off I managed to correct it by using the AriasWave methodology.
Stay tuned!
See all of the related ideas below to see how we got here.
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.
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.