STOX (STX) Shows Bullish Upside Potential for Both STX/USD and STX/BTC...Check Out this Analysis!!

in #bitcoin7 years ago

SUMMARY

NOTE: If this blog gets downvoted; @ranchorelaxo has our backs!!

STOX (STX) is very attractive as a buy because it's at an early stage of Cup & Handle pattern. The left hand side shows an uncanny bear flag as well and price, as expected, declined to a new lower low. The impulse waves are showing the future price pathway towards $5.31 or HIGHER.

When the /USD and /BTC pairs show near identical pattern and Elliott Wave count to the same bullish side, it has a reinformcing impact. The below shows STX/BTC with a similar Cup & Handle pattern as the STX/USD chart. Overall, this is very bullish such that higher highs can be expected!!

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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:

BTC Wallet - 1BWkKDdY26M2XEFmLAmKnu7safVuqt2HBh
ETH Wallet - 0xf90000c7683044f5a17ff2e3eaa3fc7492c73fef
LTC Wallet - LexwAfZzXvhu9puUr2YXhwg3h7jPqSh3yQ


Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**

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