After that, a corrective wave down followed, where STR/USD rejected the $0.024 support, which previously was a strong resistance. At the same time, it rejected the 200 Moving Average for the second time, confirming the validity of the uptrend.
Stellar is likely to continue going upwards within the , either towards a at $0.0048 or one of the Fibonacci resistance levels. $0.082 currently is seen as a strong resistance, although it could go higher if broken. A daily close below the $0.024 might have a negative effect on Stellar , and send it lower, so this should be watched closely.
High expectations, huh?
What about the "buy the rumor" part?
So you buy it when there is a "rumor" of news coming out?
Thank you for the golden nugget.