AriasWave

XLM UPDATE - Alternative Scenario - Still Looking For A New Low

CAPITALCOM:XLMUSD   Stellar
In this video I detail a what I believe is a Type-1 Weak Wave C.

I had to go back and look at Waves 1 and 2 properly in order to make this change in the view.

This is not an easy pattern to identify but I will lay it out as best as I can.

I do not expect XLM to go much lower but we need to see confirmation in the form of a bounce around this area.

I have marked out the areas of importance to confirm the reversal.

I hope this helps!

Please see related XLM ideas linked below in related ideas.

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.

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