XLM RSI divergence Short

Stellar Lumens / BitcoinBittrex

Description

⋅ Dec 24, 2017 3:47 AM

I posted something similar a few days back...divergence has been building for like a week, we have to be seeing a correction, no?

I'd love to hear what you guys think...this makes me think we'll see a huge retracement on XLM
Is it just me?

Chart Patterns

Comments

KenBkk

⋅ Dec 24, 2017 4:43 PM

This is very possibly due to BTC crash. XLM have resisted the BTC crash very well.

polyphonic

⋅ Dec 24, 2017 9:31 AM

Not saying I disagree with your analysis, but XLM often does not adhere to negative TA, as most of the people who hold it do so purely on fundamentals and not trend. Maybe you are right on this one though, lets see.