Stellar: ⬆️ Buy
– Stellar reversed from the key support level 0.3515
– Likely to rise to resistance level 0.4000
Stellar cryptocurrency recently reversed from the support area between the key support level 0.3515 (former resistance from February and March), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from August.
The upward reversal from this support area stopped earlier short-term impulse wave C of the ABC correction 4 from July.
Stellar cryptocurrency can be expected to rise in the active impulse wave 5 toward the next round resistance level 0.4000.
Source: Fxpro