Stellar - Overbought RSI - Bearish Long Term.
Updated
Hello,
So on a 1 week candle chart we can see that the RSI is overbought, I'm expecting the RSI to fall down to the white line.
Also the MACD is somewhat bearish. Short term, the price can rise a little, but I'm talking about long term as in couple of weeks+.
Here is my previous Stellar analysis:
~DCFreak
So on a 1 week candle chart we can see that the RSI is overbought, I'm expecting the RSI to fall down to the white line.
Also the MACD is somewhat bearish. Short term, the price can rise a little, but I'm talking about long term as in couple of weeks+.
Here is my previous Stellar analysis:
~DCFreak
Comment
I forgot that stellar is going to be used for couple ICO's soon. This will change everything.So don't take this TA for granteed. I forgot to mention external factors.
Comment
...... called its rise, and its fall.Trade closed: target reached
Even though the target is reached I believe there is more to come. (Pretty sure actually)
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