Stellar Analysis and LIVE trade
4h chart
I have detected a support zone in the 2200 - 2100 area
I am bullish because this coin just touch a support level which hasn't been tested since March 2018.
Based on Stoch RSI and RSI this shows and upside momentum as this show massive oversold conditions trading at 14-15 levels
MACD also shows a possible crossover therefore this should become bullish within days.
I am aiming for the Fibonacci level of 0.236
A position has been opened at 2120 level
With a target of 2550 (+20.28%) And a possible lost at 1980 (-6.60%)
28/02/19 #Stellar OUTCOME
Is the last day of the month so I close position regardless of the return.
Therefore Stellar and district0x closed manually
I am confident this position will hit my target at some point in the future but I work on monthly basis. (lifespan of my trades)
I am still waiting to close TRX, WTC, BTT, IOST but i will do very soon.
XLM 3.16% in 15 days 12 hours (Is up right now from my closing price)