- Still on massive downtrend since November 2018, Click on the chart to see the the important support and resistance. Green fibonacci retracement : short/medium term support and resistance. Orange and white fibonacci retracement : long term support and resistance from lowest point of STR(XLM)/BTC price.
- The bullish case for STR/BTC is hover within Falling Wedge pattern while it's assume will reach the apex of the wedge until Q4 of 2019 where 2 downtrendline is meet. I still believe in STR(XLM)/BTC bounce IF the price action manage to get above the downtrendline follow by bullish momentum. Meanwhile, i expect this coin to fall for more while below down trendline.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.