Stacks (STX) formed bullish BAT pattern for upto 49% big move

Stacks (STX) formed bullish BAT pattern for upto 49% big move

By moon333 | moon333 | 24 Apr 2021


Hi friends, hope you are well, and welcome to the new update on the Stacks ( STX ) coin.

Previously we had a very nice trade of STX:

o5GV2YcA_big.png

https://www.tradingview.com/chart/STXUSDT/o5GV2YcA-Stacks-STX-formed-bullish-BAT-pattern-for-upto-14-5-move/ 

 

On the 12-hour chart, the price action of the STX has completed the final leg of bullish BAT . There is also 100 simple moving average support below the buying zone.

aKVpoDCZ

https://www.tradingview.com/chart/STXUSDT/7vigcTol-Stacks-STX-formed-bullish-BAT-pattern-for-upto-49-big-move/ 

 

Buying and sell targets:
Buy between: $1.77 to $1.67

Sell between: $2.06 to $2.50

Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $1.67
.


Possible profit and loss ratio:
As per the above targets, this trade has profit possibility of 49% and the loss possibility is 6%.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

How do you rate this article?

8


moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.