TheSignalyst

STX - Wait For The Trigger!

做多
BINANCE:STXUSD   Stacks
Hello everyone, if you like the idea, do not forget to support with a like and follow.

STX is sitting around strong demand and round number 1.0 so we will be looking for buy setups.

on H1: STX formed a valid ascending triangle in red but it is not ready to go yet. (projection in purple)

Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?

Trigger => Waiting for a momentum candle close above the upper red trendline (1.250) to buy.

Meanwhile, until the buy is activated, STX would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

Buy CRGPT on Uniswap
cutt.ly/CRGPT
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。