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AW Stellar Lumens - Was Stellar A Victim of Truncation?
The more I observe the waves the more things start to be revealed to me so I can share it with you.
Like the possibility that we may dip beneath the March 2020 low.
Why would this happen? Something I didn't believe existed until now: Truncation.
It's simple, if Bitcoin topped out Wave 1 in 2021 then XLM and XRP should have done the same thing.
That means idea that the March 2020 low is support might just be an illusion and will likely be smashed to pieces.
It seems like an invisible hand was preventing that top from happening in order to distort the markets and cause confusion.
If Bitcoin is going down further then I believe it will drag sh!tcoins to zero.
Only the strong will survive. The Phoenix will rise from the ashes.
I believe XLM is one of the Phoenix's that will rise after this brutal bloodbath ends because it's not over yet.
Do yourself a favour, save your money and learn the waves. (Not financial advice)
I will be posting a sobering update for XLM later today, just thought I would prepare you first.
Check out the latest Bitcoin analysis below which opened up my eyes, hopefully it does it for you too.
Truncation means that Wave 5 never made the last high, this is extremely rare and is often the result of bad analysis.
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.***
Like the possibility that we may dip beneath the March 2020 low.
Why would this happen? Something I didn't believe existed until now: Truncation.
It's simple, if Bitcoin topped out Wave 1 in 2021 then XLM and XRP should have done the same thing.
That means idea that the March 2020 low is support might just be an illusion and will likely be smashed to pieces.
It seems like an invisible hand was preventing that top from happening in order to distort the markets and cause confusion.
If Bitcoin is going down further then I believe it will drag sh!tcoins to zero.
Only the strong will survive. The Phoenix will rise from the ashes.
I believe XLM is one of the Phoenix's that will rise after this brutal bloodbath ends because it's not over yet.
Do yourself a favour, save your money and learn the waves. (Not financial advice)
I will be posting a sobering update for XLM later today, just thought I would prepare you first.
Check out the latest Bitcoin analysis below which opened up my eyes, hopefully it does it for you too.
Truncation means that Wave 5 never made the last high, this is extremely rare and is often the result of bad analysis.
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.***
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