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Stacks / TetherUS
Long
Updated

STX STILL IN AN INVERSE HEAD AND SHOULDER PATTERN

355
STX STILL in an inverse head and shoulder pattern with right shoulder still forming.

Neckline resistance: 0.79 - 0.81
A breach of neckline resistance will lead to higher prices: $1, 1.21, 1.31

Else #stx will retest previous support at 0.43
Stacks Current price: 0.63
Note
STX needs to stay supported at the current price around 0.6 to retest the neckline resistance..
Else #stx may retest previous bottom at 0.43
Trade closed manually
Inverse head and shoulder pattern INVALIDATED!
Ifiok-2sydes
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Beyond Technical AnalysisChart PatternsTrend Analysis

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Beyond Technical AnalysisChart PatternsTrend Analysis
Ifiok-2sydes
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.