STRUSDT Descending Triangle.

4 בדצמ׳ 2017

I know it's a really short trend, if we can speak of a trend these days. The whole market is in control of "emotional traders" at the moment. At least, that's what I think of it. So it's really hard to find and speak of a trend right now. Too many newbies on the (Bitcoin) market buying high and selling at loss when the price starts to drop a little. Buy in again when the price starts to rise and there you go...

So let's see where Stellar will end in a couple days. Not a huge support at target level so we'll check it out in a couple days.

Greets and happy trading...

4 בדצמ׳ 2017

הפקודה בוטלה

And of course, we can redraw our analysis to make it work in the end. A little bigger triangle and a new target... But sometimes it's better to just say that it didn't work out ;-)