STX/USDT Break out the Bullish pattern. Continue Bullish ??
Updated
💎 STX is currently a significant focus in the trading community. In a similar vein to MINA, it's breaking out of a Bullish FLAG pattern and is entering a retesting phase at the resistance trendline.
💎 If STX successfully retests, characterized by a bounce off the resistance trendline, it could signal a continuation of its upward trajectory, probability aiming for a strong supply area in our target zone.
💎 However, if STX fails to rebound from the resistance trendline of the Bullish flag and instead consolidates around this level, it could be a troubling indicator. Such a scenario might lead to STX breaking down below the trendline. A breakdown like this would confirm a false breakout, potentially setting STX on a path back to a lower demand level around $0.592.
💎 If STX successfully retests, characterized by a bounce off the resistance trendline, it could signal a continuation of its upward trajectory, probability aiming for a strong supply area in our target zone.
💎 However, if STX fails to rebound from the resistance trendline of the Bullish flag and instead consolidates around this level, it could be a troubling indicator. Such a scenario might lead to STX breaking down below the trendline. A breakdown like this would confirm a false breakout, potentially setting STX on a path back to a lower demand level around $0.592.
Trade closed: target reached
Bingo! #STX is dancing to our tune, up 74.76%% just like we predicted.
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