Yello Paradisers! Are you ready for what could be the next major move in #STXUSDT? This coin has shown strong price action recently, but is it ready for a breakout, or are we looking at more consolidation? Let’s dive into the latest setup and what you need to watch closely before making your next move. 💎#STXUSDT has been trending within a descending resistance...
🔍 Technical analysis: Ascending corner pattern - It has had a zigzag correction to the green box area on the 1D daily time frame after exiting the bullish channel. - In the last analysis presented, after reaching the range of $60, a correction was encountered. In the presented details, two PRZ ranges had short-term fluctuations, which were investigated. -...
🔍 Technical analysis: Support zone failure - In the 4H time frame, after not being able to break the supply area, it has faced selling pressure. - Currently, a bullish pattern is observed, which has extended to the supply area. - Therefore, any pullback to a broken structure can face selling pressure again. - So we should see an increase in selling pressure...
STX is currently in a bearish trend and has been moving within a descending channel for approximately 157 days. The chart clearly shows the price making lower highs and lower lows, respecting the boundaries of this channel. At the moment, the price is positioned near a critical juncture where it could potentially break out of this descending channel, signaling a...
STX ~ 2D #STX Best strategy for COINBASE:STXUSD , Buy on breaking out of this descending pattern, or buy in the demand zone.
STX technical analysis update STX's price is bouncing from its major support level, with the previous resistance now acting as strong support. Above this support zone, the price has formed a descending channel and is currently trading within it. The price is now moving toward the channel resistance, potentially setting up for a breakout. Regards Hexa
From the data we have on the chart, we can identify a larger pattern for STX. It looks like a larger correction pattern like the diametric is forming. This correction has started from where we placed the red arrow on the chart. The price has reached a SWAP resistance range. The F wave can end around here after a while. G wave can have two targets ahead. I...
🔍 Technical analysis: Bullish Flag - In the last analysis presented, it was mentioned that an upward cycle is being completed. - Currently, a cup pattern has formed on the weekly time frame after an upward rally, followed by a small valley. - As you can see, after a zigzag correction in the liquidity zone, an ascending flag has also been formed. - Therefore,...
🔍 Technical analysis: Bearish Flag Pattern According to the analysis presented in the previous post, after the completion of corrective wave B, an upward wave in the form of wave 3 or C grew to the size of 1.272 fibo of the previous wave itself. - Therefore, this rising wave can be labeled as wave one. 💎 According to the structure and behavior of the three-wave...
🔍 Technical analysis: Continue reforming on the descending channel - In the analysis presented in the previous post , after leaving the density to the first blue strip area it made the first correction. - Currently, it is moving in a downtrend in a downtrend in a downtrend. - Depending on the type of behavior and structure of this return, it can extend to...
Yello Paradisers! Are you ready to catch the next potential move in #STXUSDT? Let's dive into the latest analysis to see where the market might be heading. 💎#STXUSDT has been in a downtrend for several days, consistently forming lower lows and lower highs. However, we've recently observed a trend shift with the market breaking toward the upside and a new high...
NASDAQ:STX Stacks has retraced by over 60% from an all time high of $3.8. Low Risk Buy! Current Price: $1.60 Stacks current price action is currently in a huge falling wedge! Up resistances: 1.8, 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1
🔍 Technical analysis: Head and shoulders pattern - It is moving in a downward channel in weekly and daily time. - In the previous post , it was mentioned that if the supply zone fails, it can touch the next zones, which after retesting the zone, failed to break the red box and formed a corrective structure. - According to the current corrective structure, a...
NASDAQ:STX is still attempting to reclaim the bullish momentum and so far, the 1.760 zone (Previous Resistance now turned support) seems to be holding. A further bullish push just might lead the start of another bullish push. This does not completely rule out the possibility of another dip in the market. As long as the now found support holds, the bulls will...
STX ~ 1D #STX Make purchases gradually in this pattern. it is only a matter of time until this pattern is successfully broken and the bulls will dominate again.
looking at it because ENS has been stronger lately. also STX has had a significant drawdown since the Ordinals hype.
🔍 Technical analysis: Descending channel - It is moving in a downward channel in the daily and 12H time frames. - Currently, there is a demand in the green box and the bottom of the descending channel. - After the demand in the green box area, it has re-entered the descending channel. - According to the current structure, it can grow up to the middle of the...
🔍 Technical analysis: Ascending channel - It is moving in an upward channel in the weekly and daily time frames. - Within the ascending channel after a moving cycle, it has so far had good reactions to the tops and bottoms. - In the short term, it has been moving in a descending channel, which is recorded in the golden zone of a reversal candle. 💎 Therefore,...