Have crossed the ichi on the 30 and 45 minute time frames, and above the 200ema. and provide upward growth.
Pending orders should be placed at a break of the with profit targets around 900-940 (depending on your risk management). I believe
we will challenge this previous swing high and drop down again as higher time frames show is approaching overbought levels.
However, there may be another large move up, as this would also note the completion of a large formation.
Pay attention to market signals and take profits when you can, as you will always be able to re-enter at a later point.
Here's the thing. The giant cup and handle that I predicted formed, but the handle was perhaps uncharacteristically small. (broke it at around 845).
So I am unsure whether the pattern is still valid.
Stellar is still very much bullish by almost all accounts, except the higher time frame rsi's are a bit concerning. Though in strong a bull market rsi is not as much of a valid indicator.
My gut? We're going higher. But if it is to challenge the ATM, that would mean stellar would be a top 7 market cap coin. And I'm just not sure if that's the case....yet.