There is a possibility for the beginning of uptrend in STRBTC
. STELLAR/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The is at 36.
. While the price downtrend in the and the is not broken, wave in price would continue.
. There is a possibility of temporary retracement to suggested (0.0000266 to 0.0000255). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000266)
Ending of entry zone (0.0000255)
Signal to enter the market occurs when the price comes to “Buy zone” then forms one of the reversal patterns, whether “Bullish Engulfing”, “Hammer” or “Valley” in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about “Entry signal” and the special version of our “Price Action” strategy FOLLOW our lessons:
TP1= @ 0.0000332
TP2= @ 0.0000348
TP3= @ 0.0000388
TP4= @ 0.0000426
TP5= @ 0.0000463
TP6= @ 0.0000497
TP7= @ 0.0000585