XLM ascending triangle

Panjang

Stellar / Bitcoin (BINANCE:XLMBTC)

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BINANCE:XLMBTC Stellar / Bitcoin

triangle oscillator movingaverage btc xlm xlmbtc

There are two ways this could go. A slight bullish divergence in hourly RSI + the last bounce off the bottom of the triangle (which is also the 89 MA) make me lean bullish, but it's getting late. We'll know pretty soon.

Komen:

Bounced off the top and broke down. Likely more downside to come.

Komen:

The triangle continued to develop and broke out to the upside on a 4H chart, followed by a pullback. Looks very strong.

Penafian

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