RSI squezing and local double top.
We have a local double top visisble on the 4H timefrime ( picture below ).
RSI was overbought and now going down while having the same price as previous RSI high. meaning possible reversal coming.
The RSI was also in a uptrend if it keeps this and breaks above there would be a longer time that XLM would be overbought but the price will rice and possible try to break the 7 cent area.
If price goes lower possible target at 4 cents.
RSI was overbought and now going down while having the same price as previous RSI high. meaning possible reversal coming.
The RSI was also in a uptrend if it keeps this and breaks above there would be a longer time that XLM would be overbought but the price will rice and possible try to break the 7 cent area.
If price goes lower possible target at 4 cents.
註釋
註釋
Bullish case this is a ascending triangle bearish RSI says it wanna go down.
註釋
Support zone currently / previously resistance hope to hold this or drop to black support line and bounce back above it.
註釋
Looks like RSI jumped above the resistance line, getting ready to be overbought a lot. 7 cents incoming ?
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