Rejected on Fibonacci Retracement. Strong short.

2018년 7월 27일

Stellar has followed the Fibonacci pattern modeled after Bitcoin recent retracements as it was rejected on the 0.618 (0.3534) level. As expected the previously overbought 4H/ 1D strength index weighed on therejection. The price is already on the 2nd straight bearish 1D candle and we are still shorting XLMUSD on every retracement. 4H is now neutral (RSI = 50.739) but on early bearish indicators (Highs/Lows = -0.0016, B/BP = -0.0057) calling for a MA100 test = 0.26288 - 0.24744. Shorting again, TP = 0.21987.