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AriasWave
Mar 15, 2024 11:07 AM

XLMUSD - Price Action Update - My Thoughts On This Choppy Mess.. 

Stellar / United States DollarCoinbase

Description

Whether you're a trader or a seasoned investor, I'm convinced this video will offer some insights, despite its erratic nature resembling that of a frenzied cougar with traces of monkey DNA.

While I maintain my faith in the long-term potential of XLM, its current state doesn't warrant much attention unless you enjoy the rollercoaster ride of price fluctuations on your screen while being unable to take any actionable steps.

Frankly, I wouldn't touch it with a ten-foot pole. Stay tuned for further updates.
Comments
Samabby
Hey AriasWave. I made the analysis inspired by you. Please check it out.
MyCryptoParadise_Nathan
detailed video, thanks for sharing it with us
mtsdivine
Looks like it's a wave 3 of a wave 3 of a wave 3 on the higher timeframes. Probably should go all in since we're in the middle of a bull market.
AriasWave
@mtsdivine, Except, we aren't.
mtsdivine
@AriasWave, Maybe so, but the trend is obvious until proven otherwise. Fighting it is a great way to not make money.
AriasWave
@mtsdivine, If you are referring to Bitcoin and expecting it's latest moves to reflect on other cryptos such as XLM then that is just being hopeful. Now I respect that assumption because we have probably all thought the same at one point, these are very young markets. I would be very skeptical of people trying to suggest that there is a such thing as an altcoin season because II have seen nothing to suggest that even exists. The reason I provide my analysis is to understand the structure of the waves in anticipation of moves that can be good trade setups in order to make some good gains. I simply just don't see it in these markets. I appreciate you being here and all but I just thought I would let you know that, that is why I do this here.
mtsdivine
@AriasWave, Hope you're not doing this for a living. Good luck with AriasWave.
TheKnown
@AriasWave, only thing you're doing here is spreading misinformation. If you want a good laugh, go back and watch your own content and look at the results
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