It is a chart pattern and the pattern actually is triggered - it has a breakout from the neckline.
Right now, it makes a retest and if the BTC holds and the market doesn't start to panic then this would be a pretty nice spot where to enter into the Stellar , but sadly the BTC price drifting on the edge and can't read out from the price action certain directions but still BTC has more signs than , so, let's see.
If the price starts to come down even more then the perfect entry area would be $0.1
From the technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research, etc.
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Have a nice weekend,
*This information is not a recommendation to buy or sell, it is used for educational purposes only!