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✳️ Bullish Continuation = Bullish Confirmation | Stacks New High
Stacks / Bitcoin
Long
✳️ Bullish Continuation = Bullish Confirmation | Stacks New High
By AlanSantana
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Mar 18, 2023
8
Mar 18, 2023
STXBTC (Stacks) hit a peak in late February to end a 285% bullish wave.
We would normally expect a correction at this point as usual but no.
The week late Feb. closed as a shooting star, a bearish candlestick pattern which was followed by a hammer.
So prices did move lower but all losses were quickly recovered and STXBTC managed to close green, after green and now... Continues green.
A new week and a new high is being hit.
A very strong bullish continuation.
This is not bear market type of action.
Bullish continuation = bullish confirmation.
Cryptocurrency is in a long-term growth path no doubt about that.
We have higher lows since early 2020 and we will continue to experience higher lows and higher highs, for years to come.
Namaste.
altcoins
Chart Patterns
crypto
Cryptocurrency
Harmonic Patterns
stacks
STX
STXBTC
Trend Analysis
AlanSantana
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