STXUSDT forming bullish Cypher | A buying opportunity aheadPriceline of Blockstack / US Dollar is forming a bullish Cypher pattern and soon it will be entered in potential reversal zone.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.1794 to 0.1766
Sell between: 0.1815 to 0.1866
Regards,
Atif Akbar (moon333)
STXUSDT
STX/BTCA great increase in volume upon breaking resistance at 2150 satoshis, creating a bullish pivot; 2150 sats level should now act as short term support. We can expect further upside in the short/mid term as multiple time frames are quite bullish. As shown in the chart, short term resistance is at 2400 sats while mid-term resistance is at 3000 sats.