Hi friends, hope you are well and welcome to the new update on the Stacks ( STX ) coin.
Recently we had a nice trade of STX:
On the 12-hour chart, the price action of the STX with Bitcoin pair has completed the final leg of the Gartley pattern .
Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00003668 to 0.00003529 btc
Sell between: 0.00003777 to 0.00004040 btc
Stop loss:
The maximum extent of the potential reversal zone to 0.00003529 btc can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 14% and a loss possibility is 4%.
Please play the chart before following the idea to check whether it is still valid or not. If you can't play the chart then you need atleast a free account on tradingview, you can use below link to join:
https://www.tradingview.com/gopro/?share_your_love=moon333
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:
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Link for Binance exchange, the best place to buy or sell Crypto: