$STXB is basing after a -16% week 🟠
Stacks, the Bitcoin layer-2, has gone flat at 0.293-0.299 for four days. Selling has dried up, but the lower highs from Oct 21 are still pressing down and RSI is only 41.
🟢 Base: 0.293-0.299
🔴 Lid: 0.308-0.313
🔴 EMA50: 0.324
This is a wait-for-breakout chart. A 4H close above 0.313 would be the first higher high since the drop. Lose 0.293 and it's another leg down.
👉 Tap $STX
for the live chart. NFA
Are Bitcoin L2s still a narrative this cycle? 👇
#Stacks #Bitcoin #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Stacks, the Bitcoin layer-2, has gone flat at 0.293-0.299 for four days. Selling has dried up, but the lower highs from Oct 21 are still pressing down and RSI is only 41.
🟢 Base: 0.293-0.299
🔴 Lid: 0.308-0.313
🔴 EMA50: 0.324
This is a wait-for-breakout chart. A 4H close above 0.313 would be the first higher high since the drop. Lose 0.293 and it's another leg down.
👉 Tap $STX
for the live chart. NFA
Are Bitcoin L2s still a narrative this cycle? 👇
#Stacks #Bitcoin #FOMCWatch
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
