STELLAR just a Bear Trap? Bullish Pennant pattern+targets

Updated

Hi all, in this time a lot of altcoins do great numbers, but I am looking for coins where is some stagnation.
There is Stellar, moving in big bullish pennant 1 year. now we can be in bear trap, we close below our support, but next candlestick are bullish, so for me is good signal that we are still in pattern. We dont create lower low, its very important. I am in.
RSI never wasnt down like now.
MACD is crossing now.

Targets:
4200sat
5600sat

Stoploss I get near 2500sat, its a last support in this pattern.

I will be update it
Thank you



Note
Hi all, stoch 1d crossing now, rsi possitive divergence, bollinger bands tight, we can be soon inside bullish pennant.

snapshot
Chart PatternsHarmonic PatternslumenSTELLARTrend AnalysisXLMxlmbtc

Also on:

Related publications

Disclaimer