Stellar - Technical Analysis: Wednesday, 31/10/2018 05:25 GMT

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Stellar price rebound from 50% Fibonacci correction level keeps the main bearish trend valid, and the price moves inside a descending channel, while falling under negative pressure coming by the exponential moving averages 50 and 100.

The chances are valid to continue the decline towards 0.2056, and consolidating below 0.2432 is important to continue the expected bearish trend.