It looks like the market reached the bottom. We see that 0.024 support level could stop falling market. If the market bounces from it, this new swing low will be higher that the previous one. It will be good confirmation of possible upward movement.
Price reverse from 0.618 F lvl. and broke out F- fractal based ressist. Good opportunity to BUY after small correction to F Use Supply zones as targets
Stellar Lumens making some impressive higher lows recently
Today is probably a good day for Stellar, should see a quick rise, its broken out of its downtrend, so stay tuned.
Just playing with the indicators, seems that the prices have gotten to a stabilization point.
STRUSDT is near its absolute bottom; bag holders have already made their decisions. Ride the ladder to the sky! Full Elliot wave cycle complete at absolute bottom. Buy/Sell Zones marked.
• STRUSDT is re-gaining some traction as it bounced off of the 0.236 retracement and the orange support line ($0.0248) . Looks like it’s retesting the yellow resistance line ($0.0292) of the channel, and if broken it could continue onward to test the green support line and the 0.382 retracement level ($0.0346) ; as it did on wave B to C of the...
I looks that BTCUSD is just about to blow through $3k. The other currencies, Stellar and Ripple, also look to move higher on a guilt-by-association basis . However, STrBTC will drop because the percentage gain is going to be smaller with STR versus the rise in BTCUSD. Be careful you are on the right side of this trade.
I'm starting to feel Bearish Stellar, if we don't break upward here today.
Keep you eyes on Stellar. Breaking out. Where will it go... Headed for .05 cents, and possibly beyond... ($0.06, $0.07, $0.08)
STR is ready for a nice pump. I expect it on Sunday, April 23rd, after the french election. Entry: 265-300. TP1: 380. TP2: 450. TP3: 600. Stop-loss: 250. Risk/Reward: 2.4:1. This idea is a continuation of the following one: Good luck. Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how...
This is just my TA on STR. I will be posting updates. If you want to read about fundamentals and a better TA analysis than mine, please check out @Intuit chart. He has a better explanation than anything I could have come up with. Although his TA might be better than mine, he doesn't have a clog shaped resistance-support. Good luck! Disclaimer: As usual, this...