Stacks bullish outlook in focus?👀!! 🚀STX Today Analysis

20 jun 2023

💎A breakout of a descending channel to the upside, and is currently trading above the Point of Control POC of the Volume Profile Visible Range.

💎This POC is acting as a support level, indicating high volume and signaling bullish momentum.

💎There's a possibility that STX might pull back to retest the trendline of the channel before moving upwards - both scenarios are on the table.

💎Additionally, STX is currently in a high demand area, further confirming the bullish outlook.

💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!

20 jul 2023

Nota

💎 Paradisers, take note! Since our prediction, #STXUSDT has made a sudden bullish leap with a gain of 32.4%.

💎 #STACKS has successfully addressed the first OB, filled the price imbalance, and grabbed liquidity, setting the stage for a potential downward move due to the absence of further liquidity.

💎 However, it has now returned to the pullback level where the imbalance was created by the previous bullish surge. The question is, what's the next move? With a clear supply zone and an unmitigated OB above, the price is expected to embark on a bullish journey from the pullback level