junoooo

STR - Short / Midterm - Horizontal movement

Alış
junoooo Güncellendi   
POLONIEX:STRBTC   None
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)
İşlem aktif:
target 1 of 3000 touched 2 times yesterday. reversal movmenet to 2700 expected.
İşlem aktif:
Falling wedge detected within the last hours. Bullish signal again. Way to 3500 should be far open
İşlem kapandı: hedefe ulaştı:
big winnings here. i temporally got out.
new charts following
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.