The token has seen almost 139% growth since we published our analysis on 7th Feb 2022 ().
The price is above the weekly 50-MA and RSI is above 70 showing upside momentum in the coin.
The coin is showing support @ 0.5399 and resistance @ 1.0474 . Entry can be made with appropriate stop loss.
Note:
Studies are for educational purposes only.
We will not be...
From a pool of thousands of tokens, selecting the right token for trading becomes difficult. Retail investors often invest / trade when the tokens are already up by 60-70%.
To resolve this, we have designed a screener to screen tokens gaining momentum.
Today's screener token: STXUSDT
Screener Logic:
Price (close) > Parabolic SAR
AND
MACD > MACD signal...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. STXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
The script looks good above 2.11 level for 5-10% further upmove.
This is one of the trades shared with our subscribers today. We share live trades daily.
Learn & Earn,
Dr. Tanya Kumar
After a rally of almost 130% Stacks forms a Double top pattern with it's neckline ( support ) near 1.1200, if it breaks the neckline we can expect a drop till 0.83.
Alert: keep all your selling orders above 0.3500 USDT. Within a day you'd see it crossing 0.4000 usdt as per technical analysis done by former citi trader.
