STXUSDT Mid-Term Short Plan

STXUSDT

Today, CPI data will be released.

It is very important for all markets as well in Crypto.

After CPI data, I believe that it will start a sell pressure in all markets and If we support this idea with technical analysis we can do something like in the chart.

STX is on a good level with supported technical setups like Libra + Cypher + Elliot.

The main target is far away but it is not impossible because when you look the chart zoom out you will see that STX had a solid rally in near future and needs correction...

Therefore, the main target will be the bigger harmonic pattern D point as pointed on the chart.

May the force be with you.

Good Luck!
Chart Patternscypher-harmonicharmonicgartleyHarmonic PatternslibraTrend Analysis

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