. STELLAR/DOLLAR is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. The RSI and the price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
. If you missed our...
New trading suggestion:
*The price is in an up trend and we forecast the uptrend would continue.
*There is possibility of temporary retracement to suggested support line (0.31), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Signal to enter the market occurs when the price comes to...
A,B,C,D,E = Elliot correction wave
Horizontal Black line = Support/Resistance
Blue Trendline = Current/Major Trendline
Yellow Trendline = Possible Trendline if this occurs
Major trendline= Up
As we can see in this chart, I measured the patterns and they have a deviation of ~5%, in all ups and downs, so I projected the next move.