XLMBTC analysis
There is strong resistance, we are just entering it. If todays candle will close above this line, we can expect rising to blue rectangle. What can happend and mostly happens after overcoming these strong resitances is small correction. It can goes to blue level where red arrow is heading.
If todays candle will close like it is now, we can expect slow rising. In case this price level would be reject (long wick up and smaller body than now), price can crash to closest blue level (again red arrow heading at the level) or we can even go lower to stronger level made by two blue lines in bottom of chart. (This can especially happen if the rally what happened last weeks was not purely organic but was hyped)
If todays candle will close like it is now, we can expect slow rising. In case this price level would be reject (long wick up and smaller body than now), price can crash to closest blue level (again red arrow heading at the level) or we can even go lower to stronger level made by two blue lines in bottom of chart. (This can especially happen if the rally what happened last weeks was not purely organic but was hyped)
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