MisterCatt

XLM/BTC potential plunge downward??

MisterCatt Updated   
POLONIEX:STRBTC   None
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...
Comment:
seems a continuation bear flag pattern

however most of indicator is quite oversold from stochastic rsi and rsi.. while macd still quite bearish in my opinion. we will see what happen...
Comment:
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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