STELLAR - Fibonacci percentages.

POLONIEX:STRBTC   Stellar / Bitcoin
Stellar has recently had a pair of bowling run up over the recent day we have seen prices above 35 cents which totals above a 50% increase. Entering trades at this point could be quite risky as the prices are more likely to take a dip for the short term, you should use the Fibonacci shown on the graph in order to indicate where we could be heading next.

It is likely that we will see I pull back towards the 0.20% on the Fibonacci and if broken we will continue to the 0.038%. This percentage acts as a support which was a previous resistance so we could expect to see some consolidation before another trend upwards.

  • Orange - Resistance.
  • Pink - Support.

As always trade the lines accordingly.
is it still coming down?
+1 Reply
thomasfar6 dippyduck
@dippyduck, We are seeing some buying pressure which is stopping the bullish trend, be patient there is still a high chance it will. Diversify you investment across time.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out