rjmacarthy
Long

Gartner hype cycle

POLONIEX:STRBTC   Stellar / Bitcoin
See chart for explanation.

https://www.gartner.com/binaries/content...

Bitcoin rally could void the chart, but I am considering going in long with a large position here.
Trade active: Bullish divergence still apparent on the 1d chart and seems to be forming bullish hammer candle indicating possible reversal of price.

STR trading at 397 satoshi which is lower than previous highs before the rise.

If the Bitcoin rally slows down, we could see a very nice reversal for stellar soon.

Trade active: Perhaps something like this.
Comment:
Trade active: Still have an open trade on this.
Trade active: Trade still active. Looks like we found a nice food at around 400 sats.
Comment: Floor
Trade closed manually: I have been out for a while.
Trade active: Trade active again see my latest chart.
Looks like 1500 is a good target based on the daily?
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@Galvin, Im not so sure now with BTC rise, currently underwater on this.
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rjmacarthy rjmacarthy
@rjmacarthy, Sorry BTC fall.
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A close up of the 1D chart also notes some quite obvious RSI bull divergence.

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