LUMENS STELLAR : BULLISH TREND - LONG SETUP READY 🔔
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STELLAR
XLM - Stellar - The Meaning Behind The WavesIn this video I talk about some AriasWave principles and explain the fallacy of Elliott Wave.
It's very easy to use confirmation bias to make trading decisions.
A lot of the time you do not realize you are doing this because of doubt and uncertainty.
Your animal brain has a very intelligent ability to fool your logical mind on a consistent basis.
The aim of AriasWave is to take away those barriers which is why I like to explain the logical process behind my analysis.
When you have fooled yourself into a belief based on emotional it is natural to display that in the comments.
You should always ask yourself what the basis of your analysis is and try to reconcile the effectiveness of those methods.
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.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Be Cautious.Could still be in a larger wave 4 consolidation, entering the next leg down. Targets can be around $0.30-$0.40.
Definitely not the end of the world, but they do say people that can't handle -30% corrections don't deserve 300x gains.
Sidenote:
BTC looks pretty bearish right now especially if it breaks below 52k.
I'd keep an eye on that as a sign for the overall markets larger trend.
Just be cautious. Don't trade with margin or high leverage...
(Not financial advice)
Stellar (XLM) - May 4Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
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Have a good day.
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(XLMUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 0.50032101-0.65641072 section.
In particular, we need to see if it can climb along the uptrend line and rise above the 0.61234368 point.
If it falls at the point of 0.44829110, a Stop Loss is required to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(XLMBTC 1W chart)
It remains to be seen if it can move above the 1029 Satoshi point and turn into an upward trend.
(1D chart)
We have to see if we can rise above the critical point, the 1029 Satoshi point, and get support.
In particular, we have to see if we can move upward from the 1130 Satoshi point and move towards the 1560 Satoshi point.
It deviated from the long-term downtrend line, and the starting point of the uptrend is expected to begin with support at the 1029 Satoshi point.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 published by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
My Stellar Idea If i my count is ok, in the history of this pair, there are many cases of fifth extended wave. So, considering that the third wave is not so exagerated and considering that it finishes below the precedent impulse, i expect an extended fifth wave. Moreover, the price is tesiting a support, as you can see in my chart. Let's see that!
XLM - Stellar - Let's Remind Ourselves What Is Going On HereIn this video update I go through the waves again and point out some key levels.
We have had the third and final piece of confirmation required in order to expect higher prices from here.
These are the some of the clearest waves I have seen on a chart which makes things much easier to interpret.
Stay Focused and Be Patient!
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.
Got you StellarHello traders and friend,
today trying to figure out Stellar, there is not an easy way to frame it (DAMN).
According to the chart, this projection to the end of the year shows a strong positive trend.
All indicators are in favor of LONGS but with an amazing speculative team.
Watch out for the first breakout (cause Stellar moon fast) then the second and last resistance will be amazing to see where it goes.
Will update ASAP.
MMM (Make Motherf.ckin Money)
This is not an advice, is a very high risk/reward.
XLMUSD - The Latest CountWe are getting ready for a move up.
This is my latest interpretation of the waves in XLM.
When we see a break of 56 cents I believe it will continue to the upside impulsively.
Although my short-term count may not be 100% accurate at times I still believe the general view is.
If you are going to leave one word comments that's pathetic, they will be ignored.
If you cannot back up your claims, then you don't know what you are talking about.
If you don't understand the latest views or even my general view then that is just laziness on your behalf because I explain everything clearly in the videos.
Commenting on old past ideas when there has been many new posts is just ignant.
I always link previous related videos down below in related ideas.
Have a nice day!
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.
XLM - May The Force be With YouLadies and gentlemen, the Captain has turned on the Fasten Seat Belt sign.
If you haven’t already done so, please stow your carry-on luggage underneath the seat in front of you or in an overhead bin.
Please take your seat and fasten your seat belt. And also make sure your seat back and folding trays are in their full upright position.
If you are seated next to an emergency exit, please read carefully the special instructions card located by your seat.
If you do not wish to perform the functions described in the event of an emergency, please ask a flight attendant to reseat you.
We remind you that this is a non-smoking flight.
Smoking is prohibited on the entire aircraft, including the lavatories.
Tampering with, disabling or destroying the lavatory smoke detectors is prohibited by law.
If you have any questions about our flight today, please don’t hesitate to ask one of our flight attendants.
Thank you.
XLM - The Time Has Come - We Are Ready For Lift offIn this video I revise the previous wave pattern and explain how it was wrong, but the overall pattern is now more bullish...
We are ready for lift off in 5.. 4.. 3.. 2.. 1..
I am seeing huge green candles ahead, the kind which you have been dreaming about.
Let's see if this next move goes down in the history books.
Good luck and may the force be with you.
Got my bags packed... Let's go!
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.
XLM - Tracking Minor Waves - Keep Filling Those BagsIn this video I go through the latest price action at the small degree and pick apart the waves.
It has become apparent that the correction is following the Bitcoin pattern so it just adds further credence to the bullish view.
We are still is the accumulation phase of this move at the end of Wave (B) we saw Wave 1 and now we are moving through Wave 2.
Not a bad idea to top up your XLM bags just to make sure you make them nice and fat.
I do believe this correction only has a few days to go maybe even a week.
I will be keeping tabs on this Crypto because it is so very fun to do so.
I have hand-picked some related ideas and linked them down below for your enjoyment.
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.
XLM Potential trend reversal.It's possible that this is just setting up for another leg down, however with Bitcoin being weird, it's not impossible for alts to Start another uptrend. Weird news from Tesla, Elon, JPM, and other institutions, plus with the Federal Government (US) potentially implementing massive Capital Gains taxes, it wouldn't be a surprise that people (holders/whales) make a move to make money before those taxes are implemented. Ironically, several other alts look nearly identical to this chart. ANKR being one I'm keeping a very close eye on. It was up to .17 today, and looks primed for a move higher. Keep a look out and happy trading.
Cup This XLM/BTC #Stellar $XLM #XLMHere we see our XLM weekly chart from Binance. Today we pushed up over 900 sats again and are coming right to the bottom edge of the weekly Ichimoku cloud . Before long we should break through and into that cloud.But I still feel this is developing into a Cup and Handle pattern also, just as a few other charts also have . It won't be long ,once we are inside the cloud , that we will run up to the .236 fib at 1926 sats. Target above that is a strong resistance near the .382 fib near 2862 . After that we should run up to that blue line which is basically the lip of the cup ( as well as our .5 fib ) near 3619 . Once we can actually break above that area the target of the Cup and Handle pattern should be near 6790 . Now that is like 7 and a half times up from where we are now and that could take awhile . I can't guarantee how long that might take but XLM does seem to be on the way up .
XLM - Something Good Will Happen Soon Hi, this is my update for XLM, in the last 3 days XLM is up around 25% after a big fall from $0.60 to $0.38. XLM has tested both the support level $0.40 and SMA100, also it held very well. Good news is that we are again above the SMA50 and the support level $0.455. I expect we are going to test the resistance level between $0.53-0.56 (Green Box) and after that we are going to see a normal pullback all the way to backtest the support level $0.455 to make a beautiful bottom head and shoulders, then we are ready to takeoff. + We have already made a double bottom in RSI and MACD is ready to turn green. So be patient and don't PANIC ;)