Stacks / TetherUSUpdated $stx stacks cup and handle pattern....
STX price action currently in a cup and handle patternCurrent price: 0.96
Break out of Neckline will lead to higher resistances up to 1.8
Further Rejection of neckline resistance will retest previous supports which will make for perfect spot buy the dip opportunities!
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STX Currently retesting neckline resistance (Now Support) btw 0.87 - 0.99Perfect buy the dip areas!
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on the move...Note
broken neckline resistance!Resistances above: 1.21, 1.43, 1.66
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1.43!Note
1.66Trade closed: target reached
Waiting for a retrace to buy back... Bearish Divergence on Daily Timeframe!
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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.