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STXUSDT trade ideas

STXUSDT AnalysisPeople who bought STX from the BULL signal in July, enjoy your 68.22% PROFIT that you made less than 2 months! There's also green cloud present as a buy signal. if you are holding STX, do not hurry to sell since there are no sell signals present. If you want, you can take profit at the resistance level (0.37) or wait for EngineeringRobo's sell signals to sell. Also, if you haven't bought STX, since there are 2 buy signals present & the risk-reward ratio is higher than 1, you can buy right now. If you buy, please watch out for EngineeringRobo's sell signals.
by EngineeringRobo
3
STX/USDT | Key Level | Support Cluster | Trade Setup Todays Analysis – STX/USDT – Retracing to establish an S/R flip re-test of daily support. Points to consider: - Healthy Up-trend - Support Confluence (key level) - Declining Volume - Oscillators Below 50 STXUSDT needs to hold the re-test of the daily support zone to form a higher low on the chart and continue its bullish uptrend. The Support cluster also coincides with the 200 EMA and .618 Fibonacci retracement, putting emphasis on the key level. Volume is declining and below average, usually an indication of an influx being imminent; likely to coincide with the retest of support. Both the RSI and stochastics are testing the 50 level, further price development will determine a directional bias. Oscillators need to range above 50 to maintain strength and momentum in the market. Overall, in my opinion, a successful re-test of support validates a long trade to technical targets above with risk defined below local swing low. If you’ve read this far - thank you for following my work! And as always, Focus on you, and the money will too!
Long
by Kudiiee
STXUSDT formed bullish cypherBlockstack (STX) has completed the bullish Cypher pattern by its volatility. The initial leg was started from Dec 2018 then A to B leg retraced between 0.382 to 0.618 Fibonacci and B to C leg projected between 1.272 to 1.414 of A to B leg's Fibonacci projection. Now the C to D leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for bullish Cypher pattern. Now the price action has entered in potential reversal zone to take the bullish divergence. This potential reversal can be used as stop loss in case a complete candle stick closes below this level. As per Fibonacci sequence the buying and sell ranges are as below: Buy between: $0.1902 to $0.1708 Sell between: $0.2055 to $0.2055 This very short term 2 hour based charts has capacity to produce upto 20% profit. Regards, Atif Akbar (moon333)
Long
by moon333