STX (Stacks) is breaking out of a 3-month consolidation and is now nearing its horizontal and psychological resistance at $2
A bullish structure is forming, and we have significant upside potential if we can break through the immediate resistance, which has now been tested for the third time.
There's strong support between $1.70 and $1.65. In my view, any dip to this range is a buying opportunity. If this level holds, we could see a move up towards $2.3 to $2.5
A bullish structure is forming, and we have significant upside potential if we can break through the immediate resistance, which has now been tested for the third time.
There's strong support between $1.70 and $1.65. In my view, any dip to this range is a buying opportunity. If this level holds, we could see a move up towards $2.3 to $2.5
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.