Long
STR - Short / Midterm - Horizontal movement
Hey guys :) It's me again.
Like many other Alts too, Ste-llar stopped downtrend, with a horizontal breakout of falling wedge (first circle).
In the second circle we can see SMA 5 crossing SMA 20, which could be a good buy signal.
We got a fibonacci retracement support level @ 2363, and a Support zone around 2500.
In my opinion (Notice no trading advice) we will see much horizontal movement between support zone (2500) and first resistance and maybe target (3000)
Like shown in graph we got there enough space for short / mid term trades.
If Ste-llar makes it way above 3500, 4000 would be the next target. Nice opportunity for horizontal trading there too.
Happy trading! Watch out your steps!
(for longtermers: in my opinion the bottom is temporally reached. Buyzone 2600-2700 and SL around 2290 could be a good choice)
Like many other Alts too, Ste-llar stopped downtrend, with a horizontal breakout of falling wedge (first circle).
In the second circle we can see SMA 5 crossing SMA 20, which could be a good buy signal.
We got a fibonacci retracement support level @ 2363, and a Support zone around 2500.
In my opinion (Notice no trading advice) we will see much horizontal movement between support zone (2500) and first resistance and maybe target (3000)
Like shown in graph we got there enough space for short / mid term trades.
If Ste-llar makes it way above 3500, 4000 would be the next target. Nice opportunity for horizontal trading there too.
Happy trading! Watch out your steps!
(for longtermers: in my opinion the bottom is temporally reached. Buyzone 2600-2700 and SL around 2290 could be a good choice)
Trade active
target 1 of 3000 touched 2 times yesterday. reversal movmenet to 2700 expected.Trade active
Falling wedge detected within the last hours. Bullish signal again. Way to 3500 should be far openTrade closed: target reached
big winnings here. i temporally got out.new charts following
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.