StealthCoin Facing Strong Resistance
At this point, the direction of XST/USD has no clear pattern. While the price is trading at the resistance, the probability that it will be rejected remains high. The resistance is confirmed by the 361.8% level applied to the corrective wave up after the breakout. On the other hand, the nearest support is based at $0.2, that is 461.8% level.
If the resistance will be respected, StealthCoin should produce at least another, perhaps a final, wave down towards $0.2. Only a clean break and close above $0.5, would invalidate outlook and could result in a beginning of an uptrend.