Stealth (XSTBTC) has been growing steadily for over a month now. Recently it moved above EMA200 (the orange line you see on the chart) which is a major resistance level.
If XSTBTC can remain/close above this level, it is very likely to continue growing and gain additional upside momentum.
This is a very strong setup on a low volume altcoin pair.
Low volume can mean higher risk when trading... But it can also mean bigger/better/higher profits potential when the pair starts to grow.
So we take the huge price swings as something normal and prepare accordingly.
Some retrace can happen on this setup but not much is expected.
When we look at the long-term chart for this pair, we can appreciate the fact that only now it is starting to move and there is room left for so much more growth.
Stealth (XSTBTC) Long-term chart
Thanks a lot for reading and your continued support.
Hi - wondered about your analysis lately... thank you so much.
Trade_Strong
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@Be_Strong, sorry just saw your post of 19 Nov. Thank you!
Trade_Strong
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@Be_Strong, ok i'm off my rcker, that was 19 Nov last year... anyway.... if you get a chance I would love to see what you think of this lately. Thanks again.