Huge bull'ish divergence just like XRP on the weekly. Again, if Bitcoin holds $7800 and begins upward to retest $9k.. Watch out for these two. Will it last? Maybe, maybe not.. more than likely not, and will come down big eventually but it's a good possible swing trade.
this is why RSI means nothing now breakdown point rsi was oversold and u thought it can pump easy now u dont wanna buy cause rsi is overbought, that means someone fucking buying for a reason and someone selling for a reason
Stellar has some decent potential here. Even though this chart is zoomed in, I am primarily looking at longer timescales (1W). A breakout right now is technically possible, but almost looks too obvious, so I wouldn't be surprised to see it relax a bit. Some minor bearish divergences on short timescales, but they could get overpowered by longer timescales pretty...
In front of you the weekly chart (!) of XLM
As you can see there is a bullish divergence on the RSI. On the weekly chart. Yes.
It means that the price is decreasing while the RSI is increasing.
That's a pretty big bullish signal.
imo bulls are taking positions for a new bull run.
Appreciate your likes, thanks for that.
The priceline of XLM / US Dollar cryptocurrency is forming last leg of bullish Cypher pattern and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
We have strong support of 100 simple moving average within PRZ area.
Volume profile is showing less...
cyan boxes are weekly resistant/support
green boxes are daily/minor r/s
bullish divergent on MACD is there but i don't think it's going to pop any soon. By seeing the BTC/USD is resisted by the MA200 i don't think the time is here yet. be patient!
what to do?:
1. if you have bought around 0.064, set a tight cut loss
2. if you have bought below 0.057, get ready...
A group of altcoins has reached rock-bottom twice now and they seem ready for a bull run. Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Always use a stop loss, and good luck in your trading.