STELLAR just a Bear Trap? Bullish Pennant pattern+targets
Hi all, in this time a lot of altcoins do great numbers, but I am looking for coins where is some stagnation.
There is Stellar, moving in big bullish pennant 1 year. now we can be in bear trap, we close below our support, but next candlestick are bullish, so for me is good signal that we are still in pattern. We dont create lower low, its very important. I am in.
RSI never wasnt down like now.
MACD is crossing now.
Targets:
4200sat
5600sat
Stoploss I get near 2500sat, its a last support in this pattern.
I will be update it
Thank you
Note
Hi all, stoch 1d crossing now, rsi possitive divergence, bollinger bands tight, we can be soon inside bullish pennant.
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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.