BitcoinSymphony

Stellar is close to the February lows

Despite the breakthrough of Global Angle Resistance, which supposed to mean the end of the downward tendency and a starting point of the bullish movement, STRUSD drew the Head And Shoulders figure in the resistance zone (probably caused by the fixation of profits by Traders who invested on the 0.26 levels) and went down.
Judging by the fact that the pair stopped falling in the support zone, above the 0.333 support, these levels are still attractive for buyers.
Nonetheless, the situation looks bearish and to consider further grows I would like to see how the price crosses new Angle resistances, corrected by the recent breakthrough of the Global Angle Resistance. Otherwise, the bias stays bearish and too close to the February low, the breakthrough of which borders with the collapse of the coin.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.