BTC-XLM

Three scenarios: 1, 2, 3

Long
BTC-XLM Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS



1- The head and shoulders pattern is not yet fully formed (Personally: I expect scenario No 2).

2- In my opinion, there are still 4 hours left to a possible sharp movement.

3- We have to see if we can get support at 56k. If it falls below 56k a Stop Loss is required.

4- If scenario No 3-----> all altcoins are expected to fall again.
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The bullish scenario (scenario No 1) happened.
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We have to see if we can get support at 56k.

If it falls below 56k a Stop Loss is required.
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