Basic Trading Strategy: Stacks MyProfits
2025-01-04
Category: None

Stacks has plenty of room to grow in 2025 including a new All-Time High. We have a beautiful chart here.

A major resistance (black line) was conquered in December 2023. This resistance was later tested as support in August 2024. Support has been confirmed.

Using this level we can divide the chart into a bullish and bearish zone. STXUSDT is now trading in the bullish zone and looking ready to grow.

A strong bullish signal comes based on the fact that STXUSDT is producing higher lows. Even with this super strong support, it is not being tested again after August, it remains unchallenged. This is a signal of strength.

We currently have a full green 3D session, most likely the resumption of the bullish trend.

This will be a long-term process. Higher highs and higher lows. Long-term growth. Higher prices. Stacks moving up. This is a great pair for those that like to "set it and forget it." You can buy it now and comeback in 6-8 months.

Based on this long-term strategy, we have a good entry because the action is happening near support. The best time to buy is when prices are low near support.

If there is another drop, nothing happens, we simply hold or buy more. Every time prices drop, we buy more. When the market turns, we enjoy growing profits with each passing day.

Patience is key. This is as simple as it gets.

Thank you for your interest and for your continued support.

You are appreciated.
Thank you for reading.

I hope to see you soon again.

Namaste.