We have actually a good opportunity to long STR/XLM versus BTC today;
We have seen the begin of a new trendline 2 weeks ago, actually we are within a big triangle of consolidation;
Many indicators are showing uptrend way :
Daily MACD in bullish territory
Stoch RSI in oversold condition
Uptrend on the daily RSI
1.8% retracement of the lastest big upside prevented further lost, I think we will never see this level on STR again.
I think a good enter is now, if you want more confirmation you can wait for the 572sat level for buy.
My targets are :
- TP1 : previous ATH at 850sat, 200 SMA may previous further gain
- TP2 : 1207sat at 1.618 fib extension
- TP3 I think this is a long term upside, it eventually depends of the move of BTC, If there is a strong upside on BTC in next mounths, STR may not follow it.
We have seen the begin of a new trendline 2 weeks ago, actually we are within a big triangle of consolidation;
Many indicators are showing uptrend way :
Daily MACD in bullish territory
Stoch RSI in oversold condition
Uptrend on the daily RSI
1.8% retracement of the lastest big upside prevented further lost, I think we will never see this level on STR again.
I think a good enter is now, if you want more confirmation you can wait for the 572sat level for buy.
My targets are :
- TP1 : previous ATH at 850sat, 200 SMA may previous further gain
- TP2 : 1207sat at 1.618 fib extension
- TP3 I think this is a long term upside, it eventually depends of the move of BTC, If there is a strong upside on BTC in next mounths, STR may not follow it.
評論:
Regular bull div on 15mn/30mn chart. Watch it closely
交易結束：目標達成:
target reached, waiting for tp2
交易結束：目標達成:
tp2 reached, this analysis is closed
Let's see how it react on the fib retracement. 500 sat level. I expect it to hold. Should sell under this level