Starting to look like it’s turning . After a long term downtrend, stellar was stuck in sideways consolidation for some time. Within this zone it’s now starting to create HH & HL’s.
I’m looking for a breakout of the 85 sat level, retest and will take a long from there. EMA’s need to turn up and widen also to give me confidence of a forming.
is starting to pick up also.
First target of 314 seems very likely which would be a 266% gain if holding long term.
This trade is based off the weekly chart so patience will be needed as it will take time to reach these massive targets.