POLONIEX:STRUSD   Stellar / US Dollar (calculated by TradingView)
As the sentiment is still showing weakness across all the Crypto, Stellar has broken down both the $0.55 support level and the trendline . We had mentioned in the last analysis that if trendline is broken, it will find support from 50-day SMA and that what happened. Stellar bounced back from the 50-day SMA but found it difficult to penetrate the previous trendline which is now acting as a resistance.

In order to resume the uptrend, we need to break out the trendline as well as going above 20-day EMA . Any breaking out of the trendline will take Stellar to the first target $0.73. The chart shows that both the trendline and 20-day EMA are at the same level and they both sent Stellar down.

On the other hand, if Stellar can't go above the trendline in the next few days, it will sink to lower levels in order to gain some momentum. The first support level will be at $0.45 thereafter $0.30.

Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns.
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out