Stacks / Bitcoin
شراء

Will STX Outperform Bitcoin?

123
In the crypto market, if you want to beat the market, your benchmark is $CRYPTO:BTCUSD. That means to outperform the crypto market, you need to outperform Bitcoin.

One way to measure this is by watching crypto/BTC pairs, such as $BINANCE:STXBTC. If $BINANCE:STXBTCgoes up, it means STX is stronger than BTC. If it goes down, BTC is stronger than STX.

On the daily chart, STXBTC has been moving downward, but over the past month, sellers seem to be losing momentum—indicated by a falling wedge reversal pattern.

A bullish breakout above 0.000000770 would confirm the pattern, with a potential upside target at 0.000000993 – 0.000001055. This scenario remains valid as long as price holds above 0.000000699.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.