#STX/USDT / Ready to go up#STX
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.46
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.78
First target 2.00
Second target 2.23
Third target 2.50
Stxbtclong
$STX/#BTC [#Stacks]: TrendLine_TouchWe've detected a Trend Line Touch on the $STX / $BTC chart. The price has touched a key resistance level, indicating a potential trend reversal. The next resistance key levels are at 0.00001504 | 0.00001652 | 0.00001914 and the major support zones are respectively at 0.00001242 | 0.00001128 | 0.00000866, We may consider buying at the current price zone at 0.00001455 and benefit from the trend continuation.
Technical Metrics :
Current price: 0.00001455
24H Volume: 53.6255 Ƀ
24H Price change: 9.563%
- Pivot Points - Levels :
Resistance: 0.00001504 | 0.00001652 | 0.00001914
Support: 0.00001242 | 0.00001128 | 0.00000866
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth STXBTC technical analysis on > Tradingview TA page
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