The Road to $66 for STXUSDT (Stacks)
2023-02-19

$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement.

This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one.

Considering the increasing volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels: 
— 0.57
— 1.06 
— 2.85 
— 5.96 
—  8.16 
— 13.17.

#stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks