STX/BTC (Must Hold Trendline Support)
STX/BTC
-there is a clear flat area of resistance at 1700 range
-the bullish side though, is the price is holding above 200D MA
-a series of higher lows is a good sign of strength
-the safest way to approach this market is to confirm the break
-once the resistance is cleared, that is your buy signal
-please also check for the volume because this will add extra confirmation
-stoploss level if the ascending trendline is broken with a bearish engulfing
-upside target is up to 2500 sat
-there is a clear flat area of resistance at 1700 range
-the bullish side though, is the price is holding above 200D MA
-a series of higher lows is a good sign of strength
-the safest way to approach this market is to confirm the break
-once the resistance is cleared, that is your buy signal
-please also check for the volume because this will add extra confirmation
-stoploss level if the ascending trendline is broken with a bearish engulfing
-upside target is up to 2500 sat
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