Two weeks ago STRBTC (XLMBTC) pair broke below the Angle Support and violated formation of the Triangle Pattern (Correctional pattern), showing by this that correction will go lower.
Now the pair is trading in a lateral pattern slightly above the January lows of (0.0000313). The bias stays bullish, but I do not see high volumes on such low levels. Hence, I expect that the pair could break below the 0.0000333 support or even lower than psychological support 0.00003.
Now the pair is trading in a lateral pattern slightly above the January lows of (0.0000313). The bias stays bullish, but I do not see high volumes on such low levels. Hence, I expect that the pair could break below the 0.0000333 support or even lower than psychological support 0.00003.