trianglescrypto

XLM ascending triangle

Long
BINANCE:XLMBTC   Stellar / Bitcoin
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.
Comment:
Bounced off the top and broke down. Likely more downside to come.
Comment:
The triangle continued to develop and broke out to the upside on a 4H chart, followed by a pullback. Looks very strong.

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