BEFORE READING, GET RID OF YOUR MOOONBOY MENTALIY AND NO EMOTIONS FOR DIPS/CORRECTIONS!
Short term bearish (although we can just skyrocket from here, we need to have buy opportunities just incase we head down short term). BUY THE DIPS!!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news...
XLM reached an important structure high this weekend.
Breaking a rising parallel channel to the downside,
the market leaves very bearish clues.
I expect a drop to 0.253
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(XLMUSD 1W Chart)
If the price holds above the 0.16420803-0.23438790 range, it is expected that the uptrend will continue.
If the price holds...
On the weekly, XLM seems to be forming one of the biggest cup & handle I have ever witness of my whole trading career.
Been calling an handle for a couple of weeks now. If it goes accordingly we might see XLM over the infamous 1$ range in 2022, perhaps even more.
Weekly indicators also points towards bulllish bias (RSI, MFI, MarketCipher)
XLMBTC and XLMETH also...
Welcome back to another quick educational video on price action structures/patterns.
Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure.
First it's important to understand that a bullish/bearish flag is a continuation correction.
They are representing a correctional...
XLM is looking bullish 🔥:
- Double Bottom
- Cup with Handle ☕️ (and a bullish flag)
- MACD crosses signal line 📡
- XLM beating 50day SMA resistance
I think it'll go to ~$0.35 📈
It also depends on how BTC is doing(see my attached idea)
This is just a projection for XLM USD, assuming that market structure follows a sine function. Support/resistance levels created by using signals from Ehler's Sine Wave Indicator. At this time, price has not broken out of market structure.
XLM has the potential for extraordinary gains.
I think XLM will rocket to a staggering $6 by 2022. Therefore, Stellar Is good for investment.
Now XRP is 0.73 $ and XLM is 0.27 $, fight (face-to-face) is near!
Also, 9 -years analysis is shown in the chart.
This is how I am seeing things. Not financial advice, I just use trading view to keep an immutable log of my perspectives to look back on.
The simplest zoom out view is that xlm is in an ascending wedge pattern, and a conservative measured move break from this would take the price to about 7 bucks. Of course we can define the triangle wick to wick on the top...
As we head towards the end of the month, we can see the tide turning in the US Dollar.
This is important because the US Dollar is the driving factor when it comes to ALL MARKETS .
AriasWave joins the dots and brings you invaluable insights as to where these markets are heading.
As the US Dollar continues to decline in Wave E, it is very obvious that...
We're still in the 5th wave.
We bought and HOLD up to January.
Targets: $8, $60, $100
We have to see 2017-2018 movement to see the most likely scenario. This is the last year for buying before 2023.
Keep your money management.
1st Target $0.32
No reason why we can't go to $0.40 soon though.
XRP is also looking super hot. Like ooooh dang. That's a spicy meataball!!
(Not financial Advice)
"Do I really look like a guy with a plan...?"
-Heath Ledger as The Joker
The ELITES will win this game and they are causing fear in the market so they can buy cheaper. DO NOT LET THEM WIN THIS TIME! Facts are in the charts!
Everything is on the chart! Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. On the chart, Stochastic RSI crossed weekly again but...