Continuing the follow-up of the "TA Handbook breakage" on Stellar published 2 days ago.
After posting belows chart , this is becoming more and more interesting today.
On the daily Chart Stellar has shown us a "Long – Legged Doji" which is a sign of indecision.
Usually after this kind of candle you should wait for the day after to see in which direction the price will flow. So, today we see a good green candle upwards thus seems the continuation is clearly placed, despite RSI on the 4h chart seems willing to break the Overbought area, the Stochastic has sufficient margin for growing.
Let's see if STELLAR follows the Long-view path:
Enjoy!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently.
Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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by toofasteddie
