STMX was hit hard after Walmart announced that they were withdrawing from them. However, their business model remains stellar and STMX is still trading with high volume. Assuming the bullish channel holds, we can expect an upwards movement to the top of the bullish channel for a nice 70-80% gain. Expecting STMX to stay within this channel for a while until we near...
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We think the price of the cypress pattern is inverted, and after exiting the triangle it can touch the target over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Update to the STMX situation.
STMX / USDT might have found the local bottom around 0.6 support area.
Again, just something to keep an eye on as Bitcoin is still a bit indecisive (in the short term obviously) and market is influenced by its trend as usual.
However, ideally, we would see break out through the downtrend line and confirmation, before going to try the...
We can see another leg in STMX, if it respects the trend line.
There was a trend reversal (bullish) breakout spotted on the 1 hr chart. Might come back to retest 0.75 support.
If can not hold - can drop to 0.7.
STMX has been in a symmetric wedge for a while now. Now that it has broken out of the wedge and have done a short term consolidation, it's ready for the next big pump. Expect take profit levels around ~$0.115.
Technical analysis based on Basic BBMA strategies( Bollinger Band and Moving Average) & Fibo Musang . This is just a prediction where the market price go. TAYOR( Trade at your own risk)
Deduction: This is all fully based on technical analysis. There a potential for the price to reach 0.10 to 0.14 per STMX. This going to be long term trade. Good luck
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this alt coin shows there are buyers in the field and yet even if the chart loses value is still on the game of bullish side (the exception is to hit our stop loss)
this idea has the confirmation of advanced price action
this alt coin can have a pump too as it started to move and fluctuate more in candles or in other words the ATR goes higher recently
