stellar has just broken out of the falling wedge with low volume.
Will this be a fake break out ? we don't know yet because overall chart still look bullish
As we can see that , stellar has failed to break 200 EMA (red line) on 4hr chart few times
so for me, a break and hold above that line will be a good signal for going long
if it still can't break it, then we might drop down to the support blue line again with a possible to go lower than it
Will this be a fake break out ? we don't know yet because overall chart still look bullish
As we can see that , stellar has failed to break 200 EMA (red line) on 4hr chart few times
so for me, a break and hold above that line will be a good signal for going long
if it still can't break it, then we might drop down to the support blue line again with a possible to go lower than it
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Note: all of my posts are for learning and sharing ideas. Not for financial advise