🔍 Technical analysis: Pullback to the broken ceiling - In the 4H, 8H time frames, it is moving in an ascending channel. - It is currently in the middle of the channel above the green support box area. If it stabilizes above this area, it can continue up to the supply area and the ceiling of the growth channel. 💎 Alternative scenario: If the green box is broken,...
The STX/USDT daily chart presents a comprehensive look at the current market dynamics, indicating significant levels of support and resistance, as well as a falling wedge that has been broken out and in play since April. After breakout from the falling wedge the price pumped 25% and rejected from a blue zone at $2.441 multiple times, after a pullback price now...
Current Situation: Trend: STX has been in a downtrend since April 2nd but recently experienced a change of character (CHOC) after retesting the 0.618 Fibonacci level. 200-day EMA: This is an important level to watch, marked by the red line on the chart. Trade Strategy: Entry Criteria: Support Confirmation: Watch the price action around the 200-day EMA to confirm...
Our market structure indicator is showing a new bullish trend on STX after a 50% pullback. One of the better looking altcoin setups in the market.
STX is currently in a ranging trend, though it exhibits a tendency towards more downward movements. The price action is confined within a large descending channel. Recently, STX reached the upper boundary of this channel after an extended period of consolidation near the lower boundary.
#STX The price is moving within a descending channel pattern on the 12-hour frame, which is a retracement pattern We have a bounce from a green support area at 1.80 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum Entry price 1.84 The first goal is 2.20 The...
The trend lines on Stacks have not crossed for a long time, about a half a year. Image indicator offers a view of no red line connecting the moving average lines. blue dotted lines representing time on a floating axis to replicate those pesky triangles people draw only these triangles are based on the information inside the chart. I draw the dashed lines...
In time 1H, it is moving in an ascending channel. 💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box. 💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth...
NASDAQ:STX STACKS has recently done over a 50% retracement from an all time high of about $3.8 Current Price: $2.2 Stacks current price action is currently trying to break out of its falling channel for higher prices Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1 A failed breakout of channel will lead to retest of...
Trade setup : Bullish breakout from Falling Wedge could signal resumption of uptrend, with +25% potential upside to $2.50 thereafter. Breakout was confirmed as price broke above $2.00 horizontal resistance and above 200-day moving average ($2.06). Stacks (STX) is a platform for scaling and building on top of Bitcoin. Read our research report. Patterns : ...
Trading Setup: There is a Trading Signal to Buy in STXUSDT Stacks Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 1.890 ⭕️SL @ 1.630 (-26%) 🔵TP1 @ 2.777 (+25%) 🔵TP2 @ 3.480 (+57%) 🔵TP3 @ 4.130 (+86%) What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
💎 Paradisers, STX is indeed exhibiting intriguing movements that warrant close attention. 💎 Having successfully broken out of the falling wedge pattern, STX has signaled bullish momentum for its next movement. There's potential for a retest around the 2.1 to 2.0 area before resuming its upward trajectory towards the resistance zone between 2.375 and 2.51. 💎 A...
The price of Stacks is $0.76 today with a 24hour trading volume of 250 million dollars. This represents a 12% price increase in the last 24 hours and a 160% price increase in the past 14 days Stacks is a layer1 blockchain solution that is designed to bring smart contracts and decentralized applications to Bitcoin. These smart contracts are brought to Bitcoin...
💎#STXUSDT is navigating through a falling wedge and is poised to retest the channel's lower support at $1.80. We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward the channel's upper resistance. 💎However, if #Stacks falters and breaches below the $1.80 support, it may signal an extension of...
STX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
🔍 Technical analysis: Ascending channel In daily time, 1D is moving in an ascending channel. 💎 According to the pullback to the broken structure and the major roof, this upward movement can continue until the next area and the roof of the channel. Considering that it is currently in the middle of the channel, the candlestick above the area reinforces the bullish...
This coin is trying it level best to breakout on shorter Time Frame, if that resistance market as daily res is broken, it should fly higher than expectation. Confluences: 1. Daily/Weekly Falling Wedge Breakout. 2. Lying on daily demand zone. Thanks me later. Do not miss this before bull run starts.
In the 4H time, after a mixed correction, it has reached the $1 range, after which it has faced demand. 💎 It is currently moving in a downward channel. According to the current momentum in the region, the current demand is suffering. In the next step, it can continue to grow up to the supply area and the ceiling of the channel, which is a dynamic trigger. 💎 If...