XLMUSD
Up Up and Away?!?!? XLMUSDHello Trading View Community,
One thing to note is RSI going into overbought zone and although XLMUSD is over the 0.236 Fib Level, it still needs to clear the rest of the local resistance zone.
Thank you guys for checking out this idea on XLMUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise
Falling Wedge Pattern
Dear traders:
1- A Falling Wedge is a Bullish pattern.
2- A Falling Wedge is a reversal pattern.
3- In a Falling Wedge Pattern, the price target is equal to the height of the back of the wedge.
What else is new?
1- Entry Time.
2- knowing how to make money out of the different patterns.
see attached Idea.
XLMUSD - The Jesus Cup Trade - I'm All The Way Up!This is an idea long time coming and more recently from my YT livestream dubbed the Jesus Cup Trade.
This is the first of 4 Trades that will yield in some pretty decent gains especially if you have been long since the lows.
In this scenario we are taking a conservative approach with these parameters:
Entry: 0.31102
Stop: 0.27849
Target: 0.79371
Risk\Reward: 15.0
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.
XLMUSD - Some Explanation Leading Into The NFP's - ARIASWAVE 101In this video I talk about waves, what's new?
The waves are the only important thing you should be observing on a chart!
Aside from the waves what else would you be looking at?
A higher high? A lower low? Indicator? Oscillator, Alligator, News, Planet Alignment, troll comments?
They are all useless.
So far no one has any good argument against proper wave analysis which you can only find here.
By the way this is just the beginning, I have only just begun to get my feet wet here.
Stay tuned.
See related ideas linked below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Each video idea I post builds on the previous idea as I use AriasWave to try and navigate the waves in Crypto Markets.
XLM Continues Testing Resistance: Big Uptrend ExpectedHey traders 👋
As the chart shows 📈 :
- XLM is testing Resistance again and again 🦾 , this means that buyers are propense to buying even near resistance → signal of buying strength
- It's also forming interesting patterns (see attached idea)
In my opinion, the best time to buy is near the short-term support(which in long-term is nearly the resistance area), I am expecting big uptrend in the following days/weeks
Should I buy XLM or XLP ? As I said earlier: December 2020 / January 2021 was the time to sell XLM (you could buy more than 1 XRP with 1 XLM) !!!
There has been a time to sell XRP for XLM (during most of 2019 or 2020 you could buy 4 XLM with only 1 XRP) !!!
Now the time is to hold both..... or if you prefer, you can buy both. We are in neutral territory.
Whatever you will choose to do .... God bless you and your investment !!
Stellar (XLM) - August 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(XLMUSD 1W Chart)
If the price holds above the 0.16420803-0.23438790 range, it is expected that the uptrend will continue.
(1D chart)
If the price holds above the 0.23438790 point, it is expected to turn into an uptrend.
In order to continue the upward trend, it should rise above the 0.4293161-0.44798284 section.
If it declines from the 0.16420803 point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(XLMBTC 1W chart)
If it rises from the bottom box section, 428 Satoshi-746 Satoshi, and maintains the price above the 746 Satoshi point, it is expected to turn into an uptrend.
If the price is maintained above the 1103 Satoshi-1288 Satoshi section, it is expected to create a new wave.
(1D chart)
We'll have to see if we can get support by going up to the 731 Satoshi-817 Satoshi section.
If the price holds above the 817 Satoshi point, it is expected that it will turn into an uptrend and move higher.
If it falls from the 731 Satoshi point, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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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 the 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)
STELLAR - Shorts Looking LikelyStellar came down from a massive impulse in the last few months and we are currently in an expanding correction.
Within that expanding correction, we are in an ascending correction which is often a reversal pattern. We could see Stellar revisit the recent lows of 0.2 where we previous had a double bottom.
SHORT IDEA:
Wait for ascending correction to break and enter with stops above 0.302.
Targeting: 0.2
LONG IDEA:
Wait for a bullish break out of that expanding correction. Enter on the first bullflag breakout
STELLAR - Shorts Looking LikelyStellar came down from a massive impulse in the last few months and we are currently in an expanding correction.
Within that expanding correction, we are in an ascending correction which is often a reversal pattern. We could see Stellar revisit the recent lows of 0.2 where we previous had a double bottom.
SHORT IDEA:
Wait for ascending correction to break and enter with stops above 0.302.
Targeting: 0.2
LONG IDEA:
Wait for a bullish break out of that expanding correction. Enter on the first bullflag breakout