Stacks (STX) formed bullish Gartley pattern for upto 20% move
Hi dear patrons, hope you are well and welcome to the new update on the Stacks (STX) coin.
On daily time frame chart, the price action of STX coin has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.2125 to $1.1481
Sell between: $1.2633 to $1.3852
Stop loss:
The maximum extent of potential reversal zone: $1.1481 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 20% 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
On daily time frame chart, the price action of STX coin has completed the formation of another bullish Gartley pattern.
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: $1.2125 to $1.1481
Sell between: $1.2633 to $1.3852
Stop loss:
The maximum extent of potential reversal zone: $1.1481 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 20% 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