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Long
Updated

STELLAR ,Long-term Buy trading opportunity for STRBTC ,catch it!

854
Technical analysis:
Stellar, is in Range Bound and Resumption of Uptrend is expected.
The price is now above the 21-Day WEMA which acts as a dynamic support and prevents from more losses.

DAILY-RSI is 57 and above a support level 50. And there is a strong downtrend line and as long as bullish exit is not happened Price will drop more.
In H4-RSI , Tthere is a strong downtrend line and as long as bullish exit is not happened Price will drop more.

Trading suggestion:
Price is in the support zone (0.000085 to 0.000068), traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000085)
Ending of entry zone (0.000068)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Hammer Candlestick Pattern Definition

(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)

Take Profits:
1. First target is at 0.0000619
2. Without target
Note
New TPs, New Buy zone. New opportunity to buy in STELLAR
Stellar , A great opportunity to buy in STRBTC , Don't miss it.

Trading suggestion:
*The price is in a down trend, but we forecast the uptrend would begin.
*There is possibility of temporary retracement to suggested support zone (0.0000260 to 0.0000186), if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000260)
Ending of entry zone (0.0000186)

Take Profits:
TP1= @ 0.0000325
TP2= @ 0.0000395
TP3= @ 0.0000480
TP4= @ 0.0000619
TP5= Free

Disclaimer

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