Updated
XLM/BTC potential plunge downward??
doesnt looking good for Stellar/btc as the btc keep rallying/btc dominance rising..
broke a longterm trendline is a bad sign for str/btc ..
though the indicator is flashing a good buy. in term of past support/resistance..
Stellar didnt have much support nearby.. the nearest support saddly around 1500 satoshi..
but we will see what happen...
broke a longterm trendline is a bad sign for str/btc ..
though the indicator is flashing a good buy. in term of past support/resistance..
Stellar didnt have much support nearby.. the nearest support saddly around 1500 satoshi..
but we will see what happen...
Note
seems a continuation bear flag patternhowever most of indicator is quite oversold from stochastic rsi and rsi.. while macd still quite bearish in my opinion. we will see what happen...
Note
if it decide to goes further down i expect around 1600 sat for a support and 2000 for resistance around 2100 satoshi for now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.