Hello Traders,
When we examine the 4-hour chart for Stellar, we see that it is on a decline channel. We have shown with red lines that we received a signal from this channel before, but this test failed. It is currently moving within this channel. For now, let's expect to have enough volume to get out of this channel.
Also, according to my weekly chart, my elliot count is 4th wave, and the next wave motion will be 5th wave. This 5th wave can carry us up to $ 3 levels. But we have a little more time for this. First we must expect the end of the fourth wave.
The technical information I give is for educational purposes only.
When we examine the 4-hour chart for Stellar, we see that it is on a decline channel. We have shown with red lines that we received a signal from this channel before, but this test failed. It is currently moving within this channel. For now, let's expect to have enough volume to get out of this channel.
Also, according to my weekly chart, my elliot count is 4th wave, and the next wave motion will be 5th wave. This 5th wave can carry us up to $ 3 levels. But we have a little more time for this. First we must expect the end of the fourth wave.
The technical information I give is for educational purposes only.