Stellar' fights with the round number area and with the area which has been historically a super-strong level to beat! Over the 2 week period it has 19(!!!) failed attempts to break above the mentioned levels and currently, we are trying twentieth times!
Positive signs that we can break this:
1. The price is above the minor trendline which is pulled from 25. July
2. The price is above the 50&100EMA
3. The price holds nicely above the short-term counter trendline (black dotted)
4. The price makes higher lows
5. ...and we can say that we are in the "Ascend(ish')ing' Triangle"
Previously this super-strong resistance was a support and also then we had around 20 attempts to break this, and after we finally managed to break through, it dropped 12-13%. Now, when we wait for a breakout upwards and if we manage to get a 4h candle close above the round number and above the blue line then it would be a massive confirmation to get some rally upwards around 12% into the September high and into the May low area!
NB: Definitely we have to watch what BTC' does! If it makes a breakout upwards from the triangle (watch BTC' idea post from my profile) then Stellar' just flyes away from the current level.
Hopefully, this quick overview helps You out a little bit to confirm Your own analysis and levels!
Please, don't forget to LIKE!
Thank You for your support!
Have a nice week!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Positive signs that we can break this:
1. The price is above the minor trendline which is pulled from 25. July
2. The price is above the 50&100EMA
3. The price holds nicely above the short-term counter trendline (black dotted)
4. The price makes higher lows
5. ...and we can say that we are in the "Ascend(ish')ing' Triangle"
Previously this super-strong resistance was a support and also then we had around 20 attempts to break this, and after we finally managed to break through, it dropped 12-13%. Now, when we wait for a breakout upwards and if we manage to get a 4h candle close above the round number and above the blue line then it would be a massive confirmation to get some rally upwards around 12% into the September high and into the May low area!
NB: Definitely we have to watch what BTC' does! If it makes a breakout upwards from the triangle (watch BTC' idea post from my profile) then Stellar' just flyes away from the current level.
Hopefully, this quick overview helps You out a little bit to confirm Your own analysis and levels!
Please, don't forget to LIKE!
Thank You for your support!
Have a nice week!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Not
Lol, here it comes - the twentieth attempt has failed to break through the blue line! The more powerful it is when we get a breakout, we don't act before!!!Not
Here we are again! STELLAR 21. attempt to break the super-strong area!If we get a breakout then we could see another leg upwards. We have to close above the $0.21 and we are free to go!
Not
22. attempt was SUCCESSFUL to break the 00.21/SUPER-strong are! Currently, it retest this and readi to GO!!
İşlem kapandı: hedefe ulaştı
Perfect!
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
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📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
İlgili yayınlar
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.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
İlgili yayınlar
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.