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Will_Wortel

XLM: Bulls are entering the arena for the altseason

Lumen (KRAKEN:XLMUSD)  
Will_Wortel  
KRAKEN:XLMUSD   Lumen
Technical Indicators Bullish Patterns Bullish Divergence rsi_divergence bullrun
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indicator bullish bullishdivergence rsi_divergence bullrun
Hi!

In front of you the weekly chart (!) of XLM

As you can see there is a bullish divergence on the RSI. On the weekly chart. Yes.

It means that the price is decreasing while the RSI is increasing.

That's a pretty big bullish signal.

imo bulls are taking positions for a new bull run.

Appreciate your likes, thanks for that.
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