Stellar (XLM) - February 10Hello?
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(XLMUSD 1W Chart)
(All: )
It needs to move above the 0.2926 1600 point to turn into an uptrend.
However, it should move above the 60 SMA level to accelerate the uptrend.
0.4029 3161-0.4479 The 8284 section is expected to receive primary resistance.
Keeping the price above the 0.2343 8790 point is paramount.
However, it may temporarily drop near the 0.1642 0803 point, so careful trading is required.
A decline from the 0.1642 0803 point could lead to below the 0.0777 8453 point.
(1D chart)
Since a volume profile section is formed near the 0.1855 4008 point, it is important to maintain the price above this section.
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(XLMBTC 1W chart)
0.0000 1103-0.0000 1288 or higher: Expected to create a new wave.
You need to make sure you can get out of the bottom section by climbing above the 0.0000 0746 point.
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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 the price trend is in an upward trend or a downward trend, 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 be able 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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** 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.)
** 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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XLMBULLUSD trade ideas
STELLAR is on bearish momentum! | 11th Feb 2022Prices are on bearish momentum and abiding to our descending trendline. We see the potential for a dip from our sell entry at 0.24297 in line with 23.6% Fibonacci retracement and 23.6% Fibonacci retracement towards our Take Profit at 0.18815 in line with 78.6% Fibonacci retracement. RSI is at levels where dips previously occurred and prices are trading below our ichimoku cloud resistance, backing our bearish bias.
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Stellar (XLMUSD) SHORT TO $0.07-$0.06 Stellar (XLMUSD) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $0.8 to $0.19
Wave B - Went from $0.19 to $0.44
Wave C - it's a 5 wave series and I think it will end up at $0.07-$0.06 zone before reversal
Stellar (XLMUSD) going to retrace to 88.6% or 94.1% correction TO $0.07-$0.06. We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.11
94.1% retracement price is $0.07
I believe Stellar (XLMUSD) will still be shorted and may find the reversal at that 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
Please like and comment for feedback
XLMUSD Analysis Jan 30, 2022We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the weekly timeframe we can see that price is holding fiorm at the .20 level. Once we see a reversal from this area that breaks the .28 mark we will be bullsihing. until then we should wait for a break of 0.20 and continue to short this pair.
XLM, 2 SCENARIOS ARE AVAILABLE...!First, you should see the full view of the XLM then go into the details:
As you see, we are approaching to a very significant area. Basically, we have two different scenarios:
1. Bullish: we should reach the red highlighted zone closed daily candle over it.
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2.Bearish: we need to see a confirmed break from the blue highlighted dynamic support.
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Also, there are some good news coming about Stellar...
I hope to see the 1st phase of my analysis >_-
ARIASWAVE MARKET UPDATE - DOW JONES\BITCOIN - XLMUSD\EURUSDThis is the first ARIASWAVE MARKET UPDATE for 2022.
In my opinion not much has changed since the last one however we have seen some confirmation.
In this video I specfically compare the price action between the Dow Jones and Bitcoin.
-I also compare the price action between the EURUSD and XLMUSD.
-The waves are not exactly the same and neither is the timing between each of the two but they provide important clues.
-It has a lot to do with the larger structures and how they appear to relate to one another.
Of course only time will tell how accurate these assumptions are based on the AriasWave methodology.
So far we can see that these moves are starting to go the way of recent 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 advisor, I suggest using this only as a guide. Always do your own research.
XLMUSD Analysis Jan 23, 2022We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the weekly timeframe we have fallen back into the 0.20 level. This is a great area to buy from and we are seeing a rejection of this level with the weekly candle closing. However we should wait for an actual reversal before consider any buy opportunities
Stellar short term bearish setup
Hello traders:
Looking like the the crypto market are showing signs of bearish price action on the lower time frames.
Here on XLM, we can see that after the previous higher time frame bearish impulse down, we have a larger bearish structure developed.
WE then see a another bearish impulse down out of the structure, good signs of further downside potential.
Now that we formed a lower time frame correction, expecting another bearish development that can push the price down to the next swing lows.
thank you
Stellar heading to be stellarFirst lets recap the 1st trade highlighted trade in green. We bought in our buy area and took profit in our profit taking area. That 1st trade pulled in 750%
2nd trade highlighted in red. Again, we bought in the buy area and sold in the TP area. That trade earned over 2500%
Now, here we are right now in our buy zone. Once we launch from here, we are heading to our Take Profit area which will earn us 20,000%. It could take months, maybe years, but a 20,000% payout is worth the wait IMO.
I'm buying and will continue to do so until we break out the buy zone.
...and you? Well, you do you. See you at the top!