$STX - Road to 2$
Updated
Expecting Stacks to keep pushing towards 2$
Only SEC approved coin that allows building with Bitcoin blockchain security. Proof of stake mechanism is also getting traction which pays out in BTC.
Let's go!
Only SEC approved coin that allows building with Bitcoin blockchain security. Proof of stake mechanism is also getting traction which pays out in BTC.
Let's go!
Note
Adjusted the lines a little bit and we can see a formation of a massive falling wedge pattern. We are at almost at support area (touched once again), if it doesnt hold these levels, we may see 20-25 cents again. However, my expectation is a break out in a few weeks time. I will buy after a final test and bounce of the support of the falling wedge. Trade active
Good news from Grayscale vs SEC, just at the right time isnt it?Trade active
Sticking to the plan, it is the only crypto out there with SEC approval and only strong L2 for SCs on Bitcoin network. The chart is easy to read, feels like a safe bet. Sometimes such investments are boring but at least they do offer much less volatility so you can buy spot and not worry too muchçTrade active
Beautiful run up to the first major resistance. I am going to take out my initial capital and continue riding with the trend. It is now a risk free watch and enjoy coin for me.
Zooming out, I can see STX hitting a new ATH with their Nakamoto upgrade narrative and of course if the market keeps strong and bullish like this for the next few months. Enjoy folks.
Trade closed: target reached
Enough for me to take all the profit here. Thanks for a slow but fun ride STX.
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