STR/BTC Update 22 June 2019

-After reaching a target around 1220 satoshi and seems price didnt show a sign of stopping down, expected next target for str/btc or xlm/btc to 1000 satoshi next

• Given a time to consolidate on fibonacci support will be a good sign for a bottom reversal pattern to form.

• Expect a sudden volatility to upside or more downside as this chart also cannot work alone as it is connected with other factor such as btc/usd uprising and current percentage for btc dominance ( currenctly 61.43 and no sign to slow down)

• Stochastic RSI is already bottom out and ready to next momentum upside atleast for a while and cannot be confirmed as bullish indicator alone

• MACD : no sign of slowing down on seller histogram as it's continue to decrease for now. Macd line still hovering around bearish area

• DMI : -DI is still above +DI indicate a momentum still at bearish side. ADX above 25 which is quite strong for a current dominate trend.

Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.