Strbtcshort
SHORT I LOVE MY STELLAR, BUT.... I think it might be a minutewith all do respect Stellar has risen like 4000% in 2017 so I can't realisticly see a major move for a few months sadly.
Nobody loves STRbtc 0.00% more than I do, but a short term short might be in the plans... Head and shoulders forming.
I don't think this will be a drastic drop like we saw in Feb, but it might be a minute before the next super moon.
This is hard to do but im calling SHORT. (SHORT TERM though) let this H&S play out and see where we go from there.
Hopefully it doesn't play out but just trying to be realistic here :'(
This is Revised version of my original Long Call
However... it could pan out either way... if it goes Bear or Bull
This is my case for the evil bears
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.
Short XLM / STR because #FractalsShort XLMBTC / STRBTC to ~1500-2000 sats because #Fractals and bearish divergences. I'm a fan of this project longterm, but I base my trading off TA.
XLM/BTC STR/BTC XLM STR #XLM #STR Stellar Lumens
- @CryptoCurb