#XLMUSD - Drop to Recent Support, or Further?After a very healthy 15% gains from a recent #Lumen Long trade with Crypto Tipster v2 we've now been shown a Sell signal after testing and getting rejected by strong descending resistance.
We do have a reasonably close level of support with #XLM, how strong this support turns out to be is the question (isn't it always!) We'd set a TP1 level on this support with TP2 at the obviously strong level underneath this.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
XLMUSD
HARVARD: XRP & XLM Future of Banking PaymentsHi Traders, Investors and Speculators of the Chart📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫
Recent reports have surfaced and made headlines as Harvard reports that XRP and XLM will play a crucial role in central bank digital currencies (CBDC's). On 3 Jan 2023 an article from Crypto News Flash written by BHUSHAN AKOLKAR states that according to Harvard, Ripple (XRP) and Stellar Lumens (XLM) will be backbone of payment system of the future. This has since been confirmed by multiple sources.
The Harvard report explains how Ripple and Stellar can facilitate faster settlements of CBDCs worldwide. Thus, Ripple’s XRP and Stellar Lumens have already become a go-to choice for several international businesses. Although the U.S. Securities and Exchange Commission (SEC) is currently in a lawsuit against Ripple for selling unregistered securities, other market players continue to see major value in this blockchain network.
A quick extract from the article :
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The Harvard report also goes on to explain how these two blockchain platforms can facilitate instant CBDC settlements worldwide while leveraging the power of AI and Machine Learning. This process also involves an ML-controlled FX interface. The author explains the entire seven-step automated process for the immutable fund transfer chain.
1) The sender would initiate the transaction in FIAT currency, receive the private key and give it to the receiver.
2) The send would choose either immediate conversion or future date conversion and give instructions to the ML-driven FX platform.
3) Based on instructions, the FX interface would convert FIAT to either XRP or XLM.
4) The ML-controlled Smart Contract will execute the instructions.
5) The FX interface shall send the crypto to the receiver. The XRP blockchain shall handle immutability and the verification process. The execution shall be handled with ML-implemented smart contracts.
6) The receiver would use the private keys sent by the sender and receive funds either in XLM or XRP tokens.
7) The receiver can convert the crypto to the FIAT of his/her choice instantaneously or on a future date. The ML-driven smart contracts will handle the future date execution.
"
I remain highly optimistic and bullish on these two altcoins for 2023 and way beyond.
My earlier analysis on XRPUSDT and XLMUSDT :
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AW Stellar Lumens Analysis - The Perfect Count For XLM...Yes, I am calling it perfect because every wave fits the profile of being where it's supposed to be.
How do I know that? I created AriasWave that's why and waves only ever happen in a certain order.
Every single time without fail. If it wasn't true, then I wouldn't be able to make the assumptions that I make.
If I screw up the identification of the waves well that's on me, some patterns are pretty complex, and it takes time.
Will it all be worth it in the end when it's time to go long? Probably.
If you want to prove me wrong, then I also give you the levels that prove me wrong.
If we break those levels, then I will admit I am wrong but only when that happens.
If it doesn't happen, then what could you possibly say about it?
Yes, I believe we are going much lower, even as low as .007.
You may not like it and that's ok, I do not try to force my view upon anyone.
We are dealing with probabilities therefore I give you the probabilities based on the AriasWave methodology.
That's all.
In related ideas below you can also find a bunch of other markets that are looking bearish.
Is it all just a coincidence?
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
XLM digital hryvnia (CBDC) is being developed on the Stellar bloUkraine is speeding up the Digital Hryvnia project and plans to launch it this year.
Initially the launch was planned for 2024, but now the government wants to launch it this year
The first blockchain transactions with the digital hryvnia have already been conducted
The digital hryvnia (CBDC) is being developed on the Stellar blockchain
We are carrying out these reforms during the war," said Ukraine's Minister of Digital Transformation, Mikhail Fedorov.
I recommend to take a closer look at the coin) + on TA very good look)
AW Stellar Lumens Analysis - Long Trade For Wave C...Price action has spoken loud and clear and I am listening.
The move down since the highs according to this count was a fairly complex Wave B.
I have updated the labelling after spending some time going through each individual wave.
It appears as though we are not done yet with this correction however my overall view hasn't changed.
There is some opportunity for booking some profits before the trend lower continues.
Absolute critical support is right at the lows .082397.
If you want to go long closer to the highs you can watch the video however, I will post a chart shortly.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - Wave D Still in Progress...Some more clues have arisen during the last day to suggest we are still in Wave D.
In this video I do some on the fly analysis, but the main takeaway is that price is not yet in Wave 3.
If it was wave 3 it would have started dropping already.
At this point we can start to incorporate Euro analysis into this view.
Stay tuned for further updates later today.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - Expect Lower Prices From Here...If you have been following my trade ideas here, you should already be in profit.
In this video I go over some waves and talk about the psychology behind understanding the waves.
The proof is always in the pudding and it's how you reconcile these moves in your mind that helps you feel at ease about a trade and see it through to the end.
As long as you know why you took the trade and can identify every single wave with confidence and conviction then you shouldn't have any problems.
One of the reasons I created AriasWave was to understand the past and the future simply by understanding how waves operate.
The beautiful thing is the I found the exact pattern that repeats and all of the variances of each wave component.
That is why I also decided to label the waves in nice bright colors so that they are a joy to identify and label in a way that is meaningful.
When I point out similarities for Wave E in this video, it helps that the way its labelled goes to show you the accuracy of the count.
Practice, patience and determination will help you achieve your goals.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - The Overall View Explained...Viewer discretion advised: Some XLM bag holders may find my views disturbing, don't shoot the messenger.
In this video I produce some commentary on where XLM could fall back down towards.
I also go into some detail about the current Wave C which I believe is currently in a third-of-a-third wave.
If you have seen my recent updates on Oil, Dow Jones and the Euro you will understand how this is no different.
On the positive side, this could be the last move down before we see a bottom or lowest point within the correction.
If you believe that we are in Wave 2 overall, then it is not hard to see why this correction is a deep one.
This is why they refer to Wave 2's as a second chance to enter the market.
Whether or not you like the idea of this happening is completely irrelevant.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - Truncation Video - Now What?As per the XRP Truncation video, I believe the same thing is going on here.
For some reason these two digital assets were targeted for reason.
I think the answer is pretty obvious.
I do not think they want the regular person owning what could be the future of the new modern system.
All the pieces are slowly sliding into place in preparation for what is coming.
Nothing happens by accident however who ever misses out on capitalizing on these opportunities will live to regret it.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens - Was Stellar A Victim of Truncation?The more I observe the waves the more things start to be revealed to me so I can share it with you.
Like the possibility that we may dip beneath the March 2020 low.
Why would this happen? Something I didn't believe existed until now: Truncation.
It's simple, if Bitcoin topped out Wave 1 in 2021 then XLM and XRP should have done the same thing.
That means idea that the March 2020 low is support might just be an illusion and will likely be smashed to pieces.
It seems like an invisible hand was preventing that top from happening in order to distort the markets and cause confusion.
If Bitcoin is going down further then I believe it will drag sh!tcoins to zero.
Only the strong will survive. The Phoenix will rise from the ashes.
I believe XLM is one of the Phoenix's that will rise after this brutal bloodbath ends because it's not over yet.
Do yourself a favour, save your money and learn the waves. (Not financial advice)
I will be posting a sobering update for XLM later today, just thought I would prepare you first.
Check out the latest Bitcoin analysis below which opened up my eyes, hopefully it does it for you too.
Truncation means that Wave 5 never made the last high, this is extremely rare and is often the result of bad analysis.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens - Short Position Great, Thanks For Asking...Do you remember when I posted the chart for XLM going back to the lows?
I wonder if anyone took it seriously.
Either way my short position is doing great thanks for asking.
I kept the labels on the chart so you can see how small Waves D and Wave E were.
Very nice tight stop for maximum profits!
Learn the waves.
Check out that chart and ideas for the Bitcoin short down 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 adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - Evidence is Becoming Clearer...The most obvious wave count has now become my preferred view.
It took me 3 tries to make this video because I kept seeing new things.
The evolution of this analysis happened in the last few hours.
Unfortunately, it happened after the XRP video, so I will update that view shortly
In this video explain the reasons why this view is the most probable.
The waves all line up in a way which allows for these counts.
A bit of deductive reasoning and you can clearer see that now is the best time to get into it.
Ignore the clueless fudsters and potential bot like comments that disagree with the bullishness.
The reason I trust this analysis over anyone's opinion is because there is reasoning behind every wave that's labelled.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW XLM Analysis - But Still Kinda Feels Like XRP....In this video I bring back the love for XLM so don't get jealous that I'm talking about the ex.
I aint dating either so sue me haha I am just trying to indicate that to those that want to make money, they are one and the same.
If you really love any of these projects you would never plan to sell any of them, right?
Would you sell it if it went to $20K?
Think about what that means, you are treating XLM like a cheap...
I know we are here to make money and I have you covered.
Make me feel wanted by liking my content because I need it to survive this bear winter :(
Make me happy again by hitting that love because I will bring the truth like no one ever has...
Now for the disclaimer...
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
AW Stellar Lumens Analysis - The Bullish View For XLM...No doubt some have been waiting to see what the recent change in analysis overall means for XLM.
These ideas have finally filtered down to this chart where I indicate the possible reason why it has never been easy to gauge.
I find that Wave E's give you good practice when it comes to analysis.
The drawn-out nature of these waves really does weigh on sentiment, and they seem like they will never end.
These waves also mark the end of a correction once they complete so getting them right is rather helpful.
Knowing this I always have to keep refining my view and analysis across different charts until eventually it becomes clear.
Like a lot of markets XLM needs to make another low before this happens, we also need to see Wave E of Wave 4 complete at the lows beforehand.
See below related ideas to see how these expected moves are a common theme across these markets.
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 is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***