Stellar / USDT has gone through my red cloud which appear as wick that trying to break it up but being pulled back. RSI level shows the north area is still intact. I still believe that Stellar project is one of the best project out there that deserve whatever they got until today. The leading person on this project was also involve in Ripple project (XRP) and the famous controversy exchange, Mt.Gox.
But rather than HODL for my entire life, as a trader i love to trade the bottom and top price action from time to time as a reward of my believe on a project that profit me on the best way possible and possibly as much as i wanted.
ParLE appear at the nearest price bottom which cause a 30% gains from that level, plus it is a quite good support.
I'm more bullish on XLM right now, but fundamentally and technically. The percentage of my bullishness and bearishness is 80/20 which mean i'm still betting it goes up.
Target level will be around 0.3 or until the ParSE signal appear on top of that.
but for additional information my 20 percentage of bearishness is considering about Bitcoin movement price which is about the ETF and etc, I hope everything good happen which I think $6000 -5700 is quite support for bitcoin the whole year. But we never know what will happen and what whale think off as some predicting the bottom will be aroun $3000 - $4000
Trade safe!