Stellar plotting bullrunsPlotting 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!
Strbtclong
Stellar (STRBTC) 100% Profit Potential from 2018 ATHI 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 your income for the POLONIEX:STRBTC marginal trading pair.
Right now we have the fist indication of a Bullish engulfing candle. Forming on the 1D chart.
Candle 1: Close:3033 Open:3091
Candle 2: Open:3033 Close:3199
Candle 3: Open: ? Close: ?
What is a Bullish Engulfing Candle?
The Bullish Engulfing Candlestick Pattern is a bullish reversal pattern, usually occuring at the bottom of a downtrend and usually consist of either 2 or 3 candle sticks.
Smaller Bearish Candle (Day 1)
Larger Bullish Candle (Day 2)
Confirming Bullish Candle (Day 3)
The bearish candle real body of Day 1 (yesterday) is usually contained within the real body of the bullish candle of Day 2.
On Day 2 (today), the market gaps down; however, the bears do not get very far before bulls take over and push prices higher, filling in the gap down from the morning's open and pushing prices past the previous day's open.
The power of the Bullish Engulfing Pattern comes from the incredible change of sentiment from a bearish break down to a large bullish real body candle that closes at the highs of the day.
With huge potential for POLONIEX:STRBTC to retest the All Time High, can you imagine what will happen if the bullish engulfing candle is confirmed and pushes it inter-stellar?
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
What do you think about Stellar/BTC?
Share your opinions in the comment section below
Your support will always be appreciate and returned to you.
LIKE SHARE COMMENT & FOLLOW if you want more charts!
Happy trading Everybody!
Stellar, in for a bullish reversalRecent 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!
www.benzinga.com
fortune.com
STELLAR's ROAD to 10,000 satsSo 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.
this near term correction will be small & likely be a near retrace of the 1-5 wave uptrend we just had. So a near term short should be a good bet to complete the C WAVE.
I DEF wouldn't go long until this near term correction completes.
after this correction completes we will still have to complete a NEW 1-2 WAVE before the big money comes in.
So basically....
Let the correction complete...
To play it safe, you can ride out the next 1 wave... use that as confirmation. It will likely retrace back to where it started from...
Then as soon as the 3 wave is about to pop... THAT WOULD BE THE NEXT BIG MOVE when I believe all the BIG BUCKS are gonna come into STRBTC
then after the 5th wave completes... I see an F-5 Tornado size head and shoulders forming as you will see in my drawing.
I don't like calling tops... but I would start scaling out between 7000-10k satoshi / or on the USD side $2-$3
Anything above that is very high risk and it could Dump hard at any point.
THIS IS PURE SPECULATION so please trade cautiously. im just adding my vision to the pile of ideas.