AlanSantana

✳️ Stacks 113-293% Potential Supported by Strong Signals

Long
AlanSantana Updated   
KUCOIN:STXBTC   Stacks / Bitcoin
Sometimes we see a chart and spot some signals and even while reading the signals as bullish and seeing them confirmed some small doubt remains... This happens when the signals are not strong enough.

In fact, we can go through the whole analysis and at the end just STOP! and visit that doubt again... With STXBTC, this is not the case.

Now, the signals here are very strong.

The volume is absolutely high and it has been growing day after day which is better than it showing up by surprise in a single day.

Today STXBTC has the highest volume Since November 2022 and if we ignore this day, today has the highest volume since January 2022... That's a very strong bullish confirmation as this volumes comes as STXBTC moves above MA200, telling us it is getting ready to grow long-term.

The low/bottom here happened in 22-January 2023, while Cryptocurrency grows together, ALTSBTC + ALTSUSDT, they have a slight delay between each set, when one moves forward, the other one is going sideways or correcting but when the group that is more advanced takes a break, the other group jumps up with massive force to catch up.

- The RSI at 77 is super strong.
- The MACD just entered the bullish zone, with plenty of room available for additional growth.

Everything is pointing higher.

  • The conservative target is 113%.
  • The mid-term target is set at 293%.

We see Altcoins growing by 100% and 200% in a single day.

While I share these numbers conservatively, remember that the cryptocurrency market is wild and growth can be many times higher than what I am sharing everyday.

Since we are not greedy, we are grateful and happy with any and all positive results, we keep the numbers tight but when trading, we aim high up.

Namaste.
Comment:
Previous trade idea 16-January with 100%+ profits.

I wrote:
"We see a 44% jump once the breakout happens and the bullish wave can reach 125% initial within 1-2 months.

"There is higher potential long-term.... But we have to start somewhere, we go step by step. "

✳️ Mapping A 125% Bullish Wave for Stacks

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