AW Stellar Lumens Analysis - One More Low, Then Up For Wave E...
This idea relates to the previous post where I begin to clarify my ideas on XLM. (Linked Below)
I also updated my Euro idea which explains this move higher but no all-time-high is anticipated here.
It's all very good to assume XLM is going to go to the moon, but knowing what path it takes will make a huge difference in the end.
So it appears as though since the highs we have an extremely complex Wave D with an expanded Wave D within it's Wave (B).
I see the need for one more low to roughly the .06 area before a nice thrust up for Wave E of Wave ii.
People with no knowledge will pile in at the highs not knowing that it will come right back down and harder than last time.
I will provide smaller degree analysis shortly.
By the way, I do not care about the criticism some of you little keyboard chickens leave on my posts, you just make me work harder.
“It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.”
—Theodore Roosevelt
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
I also updated my Euro idea which explains this move higher but no all-time-high is anticipated here.
It's all very good to assume XLM is going to go to the moon, but knowing what path it takes will make a huge difference in the end.
So it appears as though since the highs we have an extremely complex Wave D with an expanded Wave D within it's Wave (B).
I see the need for one more low to roughly the .06 area before a nice thrust up for Wave E of Wave ii.
People with no knowledge will pile in at the highs not knowing that it will come right back down and harder than last time.
I will provide smaller degree analysis shortly.
By the way, I do not care about the criticism some of you little keyboard chickens leave on my posts, you just make me work harder.
“It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.”
—Theodore Roosevelt
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.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
