XLM/BTC -1D/4hr- Potential Reversal; hidden bullish divergence
XLM/BTC has had some good trading volatility and we are ready to load up the truck for another run!
On the daily chart we see a bearish divergence in RSI which has been resolved. And as long as we hold the HL pattern we will have a hidden bullish divergence .
The 4 hour chart shows a bullish divergence in RSI and oversold RSI indicating reversal here is likely.
EP1: .00004000
EP2: .00003850
TP1: .00004950
TP2: .00005400
SL: .000035 (if you want one)
**Educational purposes only, not investment advice
On the daily chart we see a bearish divergence in RSI which has been resolved. And as long as we hold the HL pattern we will have a hidden bullish divergence .
The 4 hour chart shows a bullish divergence in RSI and oversold RSI indicating reversal here is likely.
EP1: .00004000
EP2: .00003850
TP1: .00004950
TP2: .00005400
SL: .000035 (if you want one)
**Educational purposes only, not investment advice