#STX Price is in a downtrend but there are signs of trend re | altFINS CEO on Binance Square

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#STX Price is in a downtrend but there are signs of trend reversal. Price had a bullish breakout from Channel Down pattern, above $1.50 resistance, with +30% upside potential to $2.00. Stop Loss at $1.26. 

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#IMX Price is in a Downtrend (based on altFINS trend rating), however, there are improvements. It's trading in a Symmetrical Triangle pattern, which is a neutral pattern showing a balance of power between buyers and sellers. I'll wait for a breakout to signal a shift in this balance one way or another.

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#FTM Trends are mixed but improving. Following a bullish breakout from Falling Wedge pattern, price has now also broken above $0.50 resistance and is approaching our target of $0.62. That's a stiff resistance area because it also lines up with a 200-day moving average ($0.64). I would be a buyer on retest or pull back near $0.50 key level for another swing trade entry with +20% upside potential back to $0.62. Stop Loss at $0.45.

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#Litecoin Price is in a Downtrend (based on altFINS trend ratings), however, it had a bullish breakout from Channel Down pattern, which could signal at least a temporary bullish trend reversal. I'll wait for a confirmation break above $68 resistance, with +15% upside to $77 thereafter.

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#Xrp🔥🔥 Trends are mixed (based on our trend ratings) as price has broken back below 200-day moving average. Price appears to be consolidating in a Symmetrical Triangle. I'll wait for a breakout, ideally above 200-day MA (~$0.55) and above $0.57 horizontal resistance, which could be followed by an upswing to $0.67 thereafter.

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#FTM Price remains in a Downtrend but there are some improvements. Following a breakout from Falling Wedge pattern, price reached our target of $0.50 for a +25% gain and got rejected. In the process, price made a Higher Low, which is a positive sign. Swing traders: wait for price to either 1) break above $0.50, with +20% upside potential to $0.62 next, or 2) pull back near $0.40 support for another swing trade entry with +25% upside potential back to $0.50. Stop Loss at $0.36.

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