Previous falling channel found a bottom at 0.43 and then price action broke the channel to hit a height of 0.88 before retracing.
Current channel likely to find a bottom close to previous bottom around 0.43 before price action breaks channel to find resistances at: 0.6, 0.67, 0.75, 0.82, 0.88
#stx stacks current price: 0.51
Note
Stacks found and maintained support at the previous bottom 0.43
Current Price: 0.52
Up resistances: 0.6, 0.67, 0.75, 0.82, 0.88
previous support: 0.43
Note
If this is unable to hold...
Other supports below: 0.35, 0.29, 0.21
Note
Current Price: 0.49
Up resistances: 0.5, 0.6, 0.67, 0.75, 0.82, 0.88
Note
0.5 breachedNote
0.6 & 0.67. BreachedNote
0.75 breachedTrade closed: target reached
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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.