Stellar structure still remains unchanged from my last update on 18.03.06 and I'm waiting it to break lower low (purple line) to complete WXYXZ long time correction.
On lower time frame updated chart I see Stellar forming small correction (bearish flag), so we should see one more short term plunge and break of lower low (purple line):
After breaking the low we should see strong momentum upside, this would confirm reversal, but if it starts slowly move sideways, wait for another short term plunge!
This is not a financial advise or trade call, it's only my personal opinion.
PLEASE EVALUATE MY TIME BY UP VOTING AND RESTEEMING THIS POST. THANK YOU!
Your crypto_analyst
@andriustovis
Just as you predicted. Stellar has dropped below $0.25 and will probably drop even further if the BTC bearish trend continues.
I see BTC further plunge;(
Stellar is currently at $0.20 as you charted. Is this finally the bottom or will it continue its downward trend to say $0.18?