Short
Updated

Stellar big picture

154
It seems that we might have some correction on the stellar market in the short term. Posted here is the weekly chart, and RSI is oversold with hidden bearish divergence.


I will post the daily chart below, but it appears that on the daily chart we have a MACD MA crossover, which signals a change in the trend.
Note
Daily chart:
snapshot
Note
I am willing to bet that we will revisit the 2385 satoshi area (0.283 fib) which also aligns with the 200 MA on the 4 hour chart:
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.