Hi guys,
Here is my first post, i will start to share some ideas everyday. Today, i'll start with Stellar (STR or XLM)
I am doing an analysis on 4H chart of STR/BTC on poloniex exchange
As you can see, RSI bounced back from oversold zone and shows a lot of room to grow, if we draw a fibonacci retracement from the ATH to the bottom, price did hit to the support level of 0.382 then bounced back. Therefore, here is my suggested move:
BUY: above 4713 sat
SELL: 6062 sat and above
HOLD for 2-5 DAYS
