Short
STR/BTC to zeroooo !!!
- I'm remain bearish until this coin break the recent down trendline for a first sign of reversal, but before that happen.. i expect this coin to 30 satoshi or zeroooo!!! lol.
- Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure.
Indicators :
DMI : -DI is still on the rise, ADX is still above 25.
MACD : still no sign of reversal from buyer side. seller histogram is still building also the macd line is hover around bearish area.
MFI : currently in oversold condition.
peace..
- Expect a bounce from one of the support fibonacci line on quick pace after it's prolonged seller pressure.
Indicators :
DMI : -DI is still on the rise, ADX is still above 25.
MACD : still no sign of reversal from buyer side. seller histogram is still building also the macd line is hover around bearish area.
MFI : currently in oversold condition.
peace..
Note
if this trend line atleast could establish as a support in the future.. 660 - 700 satoshi will be a good support. conversely, break below that level is a even more bearish. talking about 500 below satoshi.
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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.