POLONIEX:STRUSD   Stellar / US Dollar (calculated by TradingView)
A cup and handle pattern prints on the monthly chart (above). Of particular interest is the Dragonfly DOJI candle printed during the month of July. To confirm this candle we need to see a green candle close for August. 48 hours to go. However I’m reasonably confident it will close green because of what is developing on the weekly chart.

The weekly chart (below) shows Stochastic RSI crossing up 20 (circled in purple) - very bullish - look left. The previous cross up (1st purple circle), occurred during the monthly dragonfly DOJI printed last November.

Lastly the daily chart (bottom). The Gaussian channel has just turned Green with price action testing the upper band as support. This is super bullish . Look left!!

Is it possible price action falls? Sure.

Is it probable? Very unlikely.

Will update after $1 - it is blue skies after that.

Good luck.

WW

Weekly chart with Stochastic RSI crossing up 20



Daily chart with Gaussian channel

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