STX/BTC TA Update (Broke Bullish)STX/BTC
STX broke bullish of this falling wedge pattern with the RSI is bullish on divergence to the upside. To continue its uptrend,
the price needs to hold above the 50 MA (4hr TF) or the immediate support area 1270 - 1200 sats and break another Higher High.
We can see a spike in volume during this break-out which adds more bulls momentum. Expect more upside action if everything works well.
Stxusd
STXUSDT forming bullish Cypher | A buying opportunity aheadPriceline of Blockstack / US Dollar is forming a bullish Cypher pattern and soon it will be entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.1794 to 0.1766
Sell between: 0.1815 to 0.1866
Regards,
Atif Akbar (moon333)