Short
STRUSDT Descending Triangle.
I know it's a really short trend, if we can speak of a trend these days. The whole market is in control of "emotional traders" at the moment. At least, that's what I think of it. So it's really hard to find and speak of a trend right now. Too many newbies on the (Bitcoin) market buying high and selling at loss when the price starts to drop a little. Buy in again when the price starts to rise and there you go...
So let's see where Stellar will end in a couple days. Not a huge support at target level so we'll check it out in a couple days.
Greets and happy trading...
So let's see where Stellar will end in a couple days. Not a huge support at target level so we'll check it out in a couple days.
Greets and happy trading...
Order cancelled
And of course, we can redraw our analysis to make it work in the end. A little bigger triangle and a new target... But sometimes it's better to just say that it didn't work out ;-)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.