AriasWave

ARIASWAVE - XLM STELLAR LUMENS - PRICE ACTION UPDATE

Long
CAPITALCOM:XLMUSD   Stellar
The previous count was invalidated but it doesn't really change much given what is happening in the stock market.

Bitcoin and Ethereum are taking a beating by comparison but then again they haven't been correcting since May 2021 like other coins.

It's their turn to correct.

I still maintain my long-term bullish view because I still believe that March 2020 was the start of a mega bull trend that will last years.

I shall keep dollar cost averaging into this throughout this whole period and I will be bullish until the trend is no longer my friend.

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.