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AriasWave
May 5, 2021 12:33 AM

XLM - Stellar - Update - The Clues Are In The Waves Long

Stellar / USDCapital.com

Description

In this video I adjust the count by taking into consideration a few things.

When dealing with fractal patterns it is easy to mislabel waves but as the correction progresses you begin to get clarity.

When you love waves it's fun and exciting because waves are really like puzzles.

You find the waves that fit the criteria and you make an assumption by labeling but at the same time you understand what could change that assumption if it were to occur.

Here we have a classic example of that.

We have already established that we have a complete Wave (B).

So now we are looking for the bullish 1 - 2 pattern to be complete which helps us determine how much time there is left to accumulate more XLM.

The briefcases and rockets will be making a comeback soon, we like to have fun right?

Check out some previous XLM videos ideas linked below.

Each video idea builds on the previous video as I use AriasWave to find out the exact pattern in XLMUSD.

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[b/] 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.



Comments
onseau
also, does that mean the target is somewhere around $1?
AriasWave
@onseau You should pay more attention.
onseau
wow nice call! good job!
pouyafz
there is also a kind of triangle formation on xlm/btc chart
AriasWave
@pouyafz, Thanks for mentioning that. I am looking into it.
pouyafz
i examined it yesterday and did some calculations, ill be happy to discuss it with you.
KEEPITKAUAIIT
Thanks for the update Mike! Just subscribed to your YouTube as well.
AriasWave
@KEEPITKAUAIIT, Your very welcome. Thanks for the support.
UnknownUnicorn17255216
I could listen to all day. Great analysis, sound perspectives.
AriasWave
@TPB-HODL, Thank your sir.
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