XLMBTC, in a trade zone

16 lug 2018

Stellar has been showing us a pattern of coiling prices that gets filled when it enters an optimal trading zone between the 61.8%-78.6% Fib and then start it´s rally. At this point we see that a double bottom structure was confirmed at the beginning of the weekend, just above this optimal area. The OBV is still high and as just rolled upwards with this latest movement. MACD got a confirmed divergence and the Willy was heavily oversold and is now moving upwards. A small trade could be made ideally below the 3240 Satoshi level (61.8% Fib) when those levels get retested.