looking at BAT we can see major bearish divergence. after a strong rally we appear to be creating a rising wedge candlestick pattern which indicates a reversal. This however is still bullish long term. it would only be a small correction in comparison to the monthly run. however if we do break to the upside we will moon & continue the run (on other coins e.g. eth...
nice double bottom co-aligning with the 0.618fib & bullish partial divergence.
2k next. Bullish ascending wedge breakouts are extremely bullish.
already retested the neckline, bit of partial divergence too...
this is my own perspective of XLM. i can not predict the future but these are 2 bullish scenarios...
double bottom on a daily trendline. coupled with big bullish divergence. however if we do close below the trend line it will invalidate the double bottom for me. thus seeing price go lower. this is not financial advice.