This is a young chart, no long-term history, so the analysis can be less accurate than usual.
- A new ATL was hit recently and a strong bounce is taking place.
- Now STXBTC is above EMA50 (0.00001835), which is a really good signal.
- Trading is really high, supporting this move.
- The is super strong.
- The is trending up and gaining momentum.
Based on these signals, we can say that STXBTC can easily move higher.
Conditions for change
The charts are always changing... If STXBTC closes below EMA10 (0.00001713) its potential is reduced and prices can move lower and test the last low. A new analysis would be needed after to adapt and map the new path.
Another chart that is young is Kava ( KAVABTC ), you can find it below:
Thanks a lot for reading.
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