Description
⋅ Here is the chart for Stellar (XLMBTC) fully mapped.
On it, you can find the different support and resistance levels based on Fibonacci proportions.
We can also find the main scenarios that I think can come true and they go as follow:
- 1) Straight up. More growth until the top of the channel in blue is hit.
- 2) Retrace. If prices move lover and "support" breaks, a retrace can happen before the next jump. We stay bullish.
There is big volume coming in for Stellar (XLMBTC) now and the indicators are looking really good/bullish/strong.
-- More about the volume indicator --
Remember to hit LIKE to show your support.
Thanks a lot for reading.
Namaste.