The bullish momentum appears to have waned, evidenced by the emergence of a lower high and lower low, and a bearish divergence. Should the STXUSDT fall below the 1.65 mark, it would signal a shift in the technical bias towards the downside. Notably, on the downside, crucial horizontal line support is situated within the range of 1.44-1.46.
Trade active
Trade is in profits. Updated stop loss for sellers is now at 1.7335
Trade closed: target reached
Fantastic Ride :)
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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.