Stxlong
STX Accumulation / Massive Pump IncomingSTX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
#STX/USDT#STX
The price is moving in a triangle on the 12-hour frame and we have a green support area at the 2.50 level
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the triangle
The RSI indicator has a downtrend that is about to break higher
Entry price 2.78
The first target is 2.90
Second goal 3.11
Third goal 3.33
STX 1$ Resistence ZoneBINANCE:STXUSDT
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Possible Targets
➡️globally we came in to -0.27 Zone (usually play like accumulation zone for investors)
➡️Main support area in case if BTC drop again to test 19-17K STX should hold 0.30 cent
➡️ We going out of global downtrend line since November 2021
➡️ Next resistance zones where we can going down again marked on chart
➡️ Main resistance zone and psychological level is 1$ where I think we will find huge sales and come back to test main support zone in September-October again.
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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STXUSDT: Flexible Trading PlanLet's consider an excellent situation on the STXUSDT.
Based on the current wave structure, I plan the opening of a long position or the opening of a short position.
On the one hand, the current corrective in wave 4 may end up forming a WXY pattern; on the other hand, the current corrective pattern in wave 4 may end up forming a triangle pattern.
It is advisable to open a long position at a breakdown of the top of the presumed wave 1 in wave C of wave Y (after the completion of wave 1 and the formation of a local correction in wave 2).
Opening a short position is relevant in case of a breakdown of the low of the triangle pattern - the minimum of wave D.
In both cases, with a moderately aggressive approach, it is possible to extract a good profit in a short period of time.