This is a weekly chart of STX. Looks like there is a brake out from the golden pocket on a weekly chart.
Looking at the first bull run for STX end up being a measured move that was a double of the range.
Appears to be setting up for ABC retracement of the previous bull run.
STX is closely tied to BTC. There is a macro btc cycle chart attached below
Looking at the first bull run for STX end up being a measured move that was a double of the range.
Appears to be setting up for ABC retracement of the previous bull run.
STX is closely tied to BTC. There is a macro btc cycle chart attached below
Note
needs an updateNote
target achieved
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.