Plotting possible bull cycles for Stellar, this is under the assumption that a death cross will bounce the price up as can be previously seen, which then led to a golden cross. It can be seen there consistently is an 'initial pump' which leads to a larger pump. Will this occur again? If so I have plotted the initial pump on chart. Happy Trading!
I have been keeping my eye on STRBTC ( POLONIEX:STRBTC ) and it has recently closed within important historic zones of 3100-3200 satoshis. The clouds are starting to fade away and the bulls are starting to come out and play.
I am posting this trade idea to show you how str/btc is aiming for the stars in this stars and stripes set up.
There is potential to double...
Recent listing of Stellar 9.80% on BitcoinIra and the ongoing talks to acquire blockchain startup Chain could be the catalysts to move us up to next highs.
A reversal may happen anytime soon. Two probabilities shown in the chart.
Goodluck!
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So im really trying to be as realistic as possible here...
Ive mapped out the STRBTC chart dating back to around OCT 2017 when the the last uptrend began.
Im a long term bull.... HOWEVER.... in the near term I see a short opportunity as stellar completes the C wave correction after this small 5 wave structure we had to end the major correction from early 2018....
