STX/USDT Breakout Alert!! This is can be bullish momentum
💎 Paradisers, STX is indeed exhibiting intriguing movements that warrant close attention.
💎 Having successfully broken out of the falling wedge pattern, STX has signaled bullish momentum for its next movement. There's potential for a retest around the 2.1 to 2.0 area before resuming its upward trajectory towards the resistance zone between 2.375 and 2.51.
💎 A successful breakout above this resistance would confirm STX's return to a bullish trend in the mid-term, potentially leading to significant upward movement towards our target strong resistance area.
💎 However, if STX fails to break above the resistance and experiences a strong rejection indicated by a bearish candle, the price may retreat back to the demand area, possibly around 1.75, to gather new momentum for another attempt at breaking the resistance.
💎 It's crucial for STX to bounce from the demand area and resume its upward movement. Failure to do so, especially if STX shows weakness and sideways movement, could signal a bearish turn, particularly if the demand level at 1.75 is breached.
MyCryptoParadise
iFeel the success🌴
💎 Having successfully broken out of the falling wedge pattern, STX has signaled bullish momentum for its next movement. There's potential for a retest around the 2.1 to 2.0 area before resuming its upward trajectory towards the resistance zone between 2.375 and 2.51.
💎 A successful breakout above this resistance would confirm STX's return to a bullish trend in the mid-term, potentially leading to significant upward movement towards our target strong resistance area.
💎 However, if STX fails to break above the resistance and experiences a strong rejection indicated by a bearish candle, the price may retreat back to the demand area, possibly around 1.75, to gather new momentum for another attempt at breaking the resistance.
💎 It's crucial for STX to bounce from the demand area and resume its upward movement. Failure to do so, especially if STX shows weakness and sideways movement, could signal a bearish turn, particularly if the demand level at 1.75 is breached.
MyCryptoParadise
iFeel the success🌴
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