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RJDTC
Oct 24, 2017 2:09 PM

5th leg incomming for Stellar?  Long

Description

In my opinion Stellar is currently in wave 4 of the Elliott wave principle.
Wave 4 is typically moving sideways for some time, which it did. It often retraced to 38,2% or less of the 3rd wave.
Wave 5 is often smaller than wave 3 and similar to wave 1.

As shown, if wave 1 = wave 5, Stellar will be going back to previous highs, hitting resistance again at around the 830-850 level.

Comment

currently 700 satoshi seems like the major resistance to break, after that it should be a sweet ride.

Order cancelled

To many FUD because of money 20/20 and the rumours of Paypal and Stellar.
I bought in at 660 and sold at 757 so still a nice profit
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