XLMUSD
XLM UPDATE - Prolonged Wave 4 OF Wave C Almost CompleteThe ONLY reason I didn't post yesterday was due to technical difficulties so I did a live-stream on YT instead.
In this video I got through the main points I made in that stream and what we are seeing now.
The evidence presented here helps us understand what is going on.
AriasWave is NOT Elliott Wave , so any comments made using that perspective have no clue what it is unless of course you are a member.
Wave 4 is almost complete and I am going to keep tracking it to keep you updated in case anything changes.
See previous related ideas 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.
XLMUSD WWith the Dip that took place in the crypto market most of crypto retraced perfectly on top of the 618 on our fib retracement which confirms to us that the market was taking a breather and is about to melt faces so I hope you took advantage of the Dip and bought at a lower price and if so you better brace yourselfs
XLMUSD UPDATE - Wave 4 Almost Over - Expect One More LowHello this is Mike and welcome to you daily XLM update.
I had to wait for a few more waves to occur before I could make this type of judgement so here we are.
We are in Wave E of Wave 4 of Wave C.
Still holding USDT until we see that low and then I will convert back to XLM.
Trust the process and be patient. As I always say learning the waves gives you peace of mind.
See past XLM ideas linked below in related ideas.
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 - Price Action Is The Best IndicatorIn this video I bring you the latest AriasWave interpretation of the price action in XLM.
In my last idea linked below, we saw how AriasWave gave us the signal to Sell.
I don't like to use the word sell because I just converted to USDT which is a stable coin.
Once we hit the low I will convert back to XLM which means I will own more XLM.
If you don't know AriasWave how can you trust the process?
Well I guess I will just have to wait until this happens in order to prove it to you.
So for now good afternoon, good evening and goodnight.
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 chart analysis #XLM USDT 4H CAHRT ANALYSIS...
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Xlm Now Sitting Just Above The Strong Support Zone. Where Daily 200 Moving Avarage Working As A Support. So Price Should Hold This Support Zone As Well. Otherwise We Will See Again Bearish Move In Xlm To The 0.235$
XLMUSD : COIL / POSITION TRADEPut simply, Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stablecoins.
XLMUSD: Nice Shorting Opportunity
XLMUSD retested a recently broken major daily trend line.
The price formed a head and shoulders pattern on that confirming its strength as resistance.
This morning we saw its neckline breakout.
Now the coin may drop lower.
Goals: 0.3 / 0.24
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XLM - Wave C Still In ProgressWe broke the red line from my previous video.
So I have decided to convert all my XLM to USDT and wait for the new low to occur and then rebuy XLM.
Using this strategy I should be able to increase how many XLM I own.
Wave C hasn't completed so I thought of just using this as an opportunity to short it indirectly by moving to USDT.
I will keep you posted on these moves just in case something changes.
See all related XLM ideas below.
Now you see why I just focus on one coin, I want to make sure we get this right.
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 - Support Remains Intact For NowIn this quick video update I give you my latest analysis on XLM.
Please see previous related XLM ideas below.
So far we are seeing this play out the way I thought it would.
We need to break to the upside without breaking support for this count to be valid.
As you know the counts are ongoing and I am trying to keep you informed every step of the way.
Stay tuned.
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- new leg up underway? (update)Yesterday I said that 0.4 zone is a good place for bulls to buy XLMUSD, and after the coin reached that zone, reserved back up.
Not Stellar has broken above recent consolidation and a new leg up could be underway
If we have a daily close towards today's high we can expect 0.55-0.6 zone to be reached in the near future
XLMUSD - More Insights Into How AriasWave WorksThis is only a small example on how I plan to use AriasWave to boost it's credibility.
Fractal patterns are a natural occurrence which means there is no such thing as manipulation.
Why is that? It's simple, human beings are natural occurrences in nature therefore everything they do is part of that same phenomenon.
I hope you love the waves as much as I do, I look forward to seeing more of you join this growing community.
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.
PAY ATTENTIONYou will be doing yourself a favor if you Stop and agree to read this with a free mind and little bias. Just take a moment and forget what you know or think about this coin.
The fact that the daily closed below the highs of the last bull market in 2018 indicates that this is not wave 3. A rule of wave 3 is that it doesn't look back, it just goes off. That means we are in the larger correction and that this up-move is most likely the middle wave B or X of the correction.
Think about the sentiment. How do you feel about crypto?
Most the people I know that are investing in crypto right now
1) Know very little about blockchain or investing in general
2) Feel super smart for making stupid money with no knowledge.
3) Think crypto is unstoppable and say diamond hands.
The main thing that freaks me out is that crypto has been following the Nasdaq lately and rising interest rates will KILL CRYPTO.
Low interest rates support Growth Companies. That's what crypto is.
A company that is running off retail investment and loans.
Lots of headwinds, and most people have already put all their money in!!!
Again, Think about how you feel about crypto.
Do you feel like there's no way and that it HAS to go up?
Cause that usually means you're about to lose money.
This first selloff was the initial panic.
Now we're in the hope phase.
Next is the Fear phase......
Once people on the news talk about the death of crypto. BUY!!!
That will be the bottom. The problem is I always get caught up with other things and miss it!! So set alerts!!
You can see my targets.
The only way I'll be confident we can make a higher high is if we get some large buying volume and break $0.65
$0.65 is currently the big resistance.
I plan to take profit around those and wait and see what happens.
I think you'd be fine in the long run if you just dollar-cost-average, but you have to be prepared for 2 years of up and down and just keep buying the dips.
That being said, XLM IS MY FAVORITE!!! :) I love everything they're doing and plan to support them for as long as I can. So you be I'll be buying as much as I can if we hit $0.12 again!