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domgolonka
Feb 9, 2018 8:31 PM

Not enough volume. Stellar going down to 3000 and below. Short

Description

I wish STRBTC would keep on going up but at the moment, there isn't enough volume to keep going up. The 3hr/2hr/1hr are all over bought. The 4hr/6hr Stoch RSI are becoming overbought.

Comment

Recently, stellar only went up because it was way oversold on 12H/1D/2D. While the MACD converged on 12 hour and is about to converge on 1D, there is still not enough volume to push it up. It might rise a little bit further up (maybe to 3800) but it will drop after that to 61%/50% fib or lower.
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