📉📈 STX Trading Analysis 📊💹📊 Current Status:
STX is holding at a significant support level.
📉 Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
🎯 Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
📣 Stay attentive to market dynamics and adjust strategies as needed! 🌐💱 #STX #TradingAnalysis #CryptoMarket 📊💡
STX
STXUSDT in coming daysHi
Stacks is in an overall uptrend, moving within an ascending channel💁♂️
After testing the upper boundary of the ascending channel, the price pulled back🫠
After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
STX Price ReactionSTX is in an overall uptrend. Prices have moved within an ascending channel, forming higher lows and higher highs.
After breaking through a resistance marked in orange and performing a pullback, the price has reached the channel's upper boundary. Currently, with the formation of bearish candles, the price is reacting to the resistance at the top of the channel and may move towards the channel's lower boundary. Daily analysis also indicates a corrective phase.
What Bitcoin does from now on, STACKS should do x3-x20 💳What Bitcoin does from now on, STACKS should do x3-x20 💳
Pyth Network announced its integration with Stacks, providing developers with low-latency oracles, according to an August 23 announcement.
Pyth Network, renowned for its finance-based pull oracle design, allows users to pull price data updates on-demand for a better optimized blockchain environment. Traditional oracles operate on a “push” mechanism, delivering data at set intervals, but through Pyth, “users are empowered to ‘pull’ price updates on-chain when needed, enabling everyone in that blockchain environment to access that data point.”
Stacks, acting as an important Bitcoin layer, allows the connection of decentralized apps and smart contracts with Bitcoin. Leveraging Bitcoin both as a transactional asset, it allows customers to use BTC to finalize transactions.
Developed by Hiro, a Bitcoin layer development company, this integration ensures that Stacks developers have a seamless avenue to over 300 price feeds, spanning equities, commodities, forex pairs, ETFs, digital assets and more.
Central to this collaboration is the enhanced data access for developers. With the integration, developers working on the Stacks platform can tap into Pyth Network’s real-time price data, extracting information from a comprehensive range of over 300 price feeds:
“This early access launch is intended for developers to test, explore, and begin integrating their decentralized applications with real-time price data.”
Leading platforms in this space, including ALEX, Arkadiko, Hermetica, and Zest, are already capitalizing on the integration, harnessing the power of Pyth’s oracles to empower their financial services. The infusion of reliable, real-time data is set to enhance the functionality, security, and user trust in these platforms.
As Stacks continues to carve its niche as an enabler of smart contracts and decentralized applications on Bitcoin, the integration with Pyth Network augments its ecosystem, providing developers with tools to craft more intricate and sophisticated applications.
Heralding the new collaboration, Marc Tillement, director of the Pyth Data Association, remarked on their dedication to provide developers with crucial tools. Similarly, Hiro’s CEO, Alex Miller, acknowledged the importance of this integration to the Bitcoin DeFi ecosystem:
“Bitcoin DeFi is thriving and Hiro is proud to be a part of bringing Pyth to the Stacks ecosystem to help provide developers with the building blocks they need like a powerful oracle.”
STACKS should do x3-x20 of whatever Bitcoin does from ow on 💳
STX is a Bitcoin layer for smart contracts
What Is Stacks (STX)?
Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.
Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.
Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time.
All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin.
One Love,
The FXPROFESSOR💳
Seagate Technology Stock Received Upside from Morgan StanleySeagate Technology Holdings Plc, known for its expertise in designing and manufacturing data storage devices, has recently received the attention of Morgan Stanley analysts and is earning a positive outlook. This endorsement comes amid expectations of the company reaching new price highs and making significant advancements in data storage technology.
Morgan Stanley's optimism is partly driven by the ongoing recovery in the data centre market, which is expected to continue. The upcoming cycle of storage hardware upgrades and the burgeoning demand for artificial intelligence (AI) technologies presents a fertile ground for Seagate's growth. As AI services often rely on extensive databases, the demand for substantial storage solutions becomes apparent, positioning Seagate favourably within the market.
Given this positive backdrop, a technical analysis of Seagate Technology's stock (STX) could provide valuable insights into its future price movements.
On the daily (D1) chart, Seagate's stock has established a support level at 85.26 USD and a resistance level at 98.80 USD, creating a wide trading channel with potential for an upward breakout. This pattern suggests a bullish outlook, with the stock potentially breaking through the resistance level and reaching new highs.
For traders looking at the hourly (H1) timeframe, a breach above the 98.80 USD resistance level could indicate a favourable entry point for long positions. A short-term price target is identified at 106.80 USD, with a medium-term goal extending up to 117.69 USD if the stock maintains its momentum beyond the initial breakout.
—
Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
STX / USDT FUTURES LONG ON SIGHTRight now i am in short position opened nearby last high, but i don't see strong reaction in this place. I will try to look for LONG positions and maybe some additional bags for my spot account.
Actual downward movement leaves so much liquidity to grab - means that it don't have much power/momentum.
We also need spring in this little reacumulation (if it's it)
I don't know if the price will come there in recent hours, days or in weeks or months.
I will try to seek long in golden hot zone
Target - new high
STX/USDT bullish reversal form key support? 👀 🚀STX analysis💎Paradisers! #STXUSDT looks like it's getting ready to climb. If it can keep up its energy at a crucial support level $2.3741 and bounce back, there's a good chance it'll start moving up, aiming to get past a big obstacle.
💎 Watching Closely: Right now, the price of #STACKS is heading towards an important level, and we're waiting to see how it behaves. Being patient and keeping a sharp eye out is crucial in trading. Looking back, we've seen the price respect this spot twice. However, on its third approach, a break occurred due to factors like Fair Value Gap (FVG), liquidity and OB right below the support.
💎Plan B: As smart traders, we always have a backup plan. If our hope for a rise at this spot doesn't happen and the price falls further, we'll change our game plan. We're looking at a potential bounce back from a lower spot at $2.0669, attracted by some strong market interest there that could push the price up again. If it falls below this, we might see it drop more.
💎 Flexible Moves: Paradisers, this situation shows why it's important to be flexible with our trading strategies. By watching closely and being ready to change plans based on what's happening, we set ourselves up for success. Your ParadiseTeam is here to help guide you through these market waves, making sure you're ready for whatever comes next.
#STX/USDT#STX
The price is moving in a triangle on the 12-hour frame and we have a green support area at the 2.50 level
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the triangle
The RSI indicator has a downtrend that is about to break higher
Entry price 2.78
The first target is 2.90
Second goal 3.11
Third goal 3.33
The last bullish chance of STX in Mid term!Hi.
BINANCE:STXUSDT
😊Today, I want to analyze STX for you in a 3D time frame so that we can have a Mid-term view of STX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
STXUSDT produced an inverse Head & Shoulders on 3D and is about to break out the neckline of the one💡
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- HEAD and SHOULDER
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$stx stacks rounded bottom pattern... Bigger Picture!NASDAQ:STX Stacks price action is currently forming a rounded bottom pattern on the weekly timeframe!
Current price: $2.9
#stacks price action is around it's previous all time high of 2021, forming a neckline resistance between 2.7-2.9.
NASDAQ:STX continuous rejection of neckline resistance will make for buy the dips opportunities at these supports: 2.4, 2.2, 1.8
Else A break out neckline resistance will lead to price discovery with resistances: 3.3, 3.6, 4.0, 4.4, 4.7, 5.1, 5.4
STX (Y24.P1.Video2).We are going ParabolicHi Traders,
We have hit our ATH and hence in price discovery.
We only have elliot wave and fibonacci as our toolset to forecast levels and targets.
Really depends on what BTC does for this to play out as well.
I explain the 2 scenarios that I have as a general approach.
Please give me a like and share,
Regards,
S.SAri
STXUSDT - Channel ContinuationI expect this up channel to maintain with these similar peak patterns within the green lines preceding the bull move
The only real question is will there be another move down to the bottom of the channel for a retest again (as shown on this chart) or will it break out straight away.
Bullish.
STX Second launch loading Anyone who follows me knows i love me some STACKS. Last trade nailed my target and gave us a few more. We can see now price coiling up inti a pinch zone. We have tested this level a few times as support and looks to be ready for another run up. I would like to see macd and rsi break mid and base level then I'll be happy with another run with target of 3.50. Just keep in mind its very correlated to BTC and will be submissive to BTC moves
Feel free to comment or please boost if you agree Thank you
Stx Weekly Brake Out @the Golden PocketThis is a weekly chart of STX. Looks like there is a brake out from the golden pocket on a weekly chart.
Looking at the first bull run for STX end up being a measured move that was a double of the range.
Appears to be setting up for ABC retracement of the previous bull run.
STX is closely tied to BTC. There is a macro btc cycle chart attached below
STX/USDT Could STX continue upward movement or Downward?💎 STX has recently captured significant market interest. Currently, STX is showcasing a positive trend, having broken through a key resistance level and now undergoing a retesting phase at a support level that previously acted as resistance.
💎 There is the probability for STX to resume its upward trajectory, aiming for the strong resistance area near its all-time high.
💎 However, should STX falter in its ascent, a reverse trend might ensue, leading it back to the support area for a potential rebound.
💎 In this crucial support zone, STX must demonstrate resilience and bounce back to maintain its upward trend. A failure to hold above this support level and a subsequent breakdown could be a negative indicator, signaling a possible shift to a bearish trend.
💎 This could lead to a downward movement towards the demand area, and potentially even to a more substantial support level. Such a development would require close observation for its impact on STX's market direction.
STX/USDT SPOT buy/sell zoonesMy minimal target for STX bull run is previous height above 3,66$.
I dont feel too much pressure tu buy STX becouse i bought mine at 0.5$ but if i would buy more it will be this places.
BUY
First buy zoone is a bit risky but it's the most recent and seems better than the lower one. Double green marked zoone means that this place is best of this whole area.
Second buy zoone I dont trust this zoone. Of course i will seek long in this place if the chart will form liquidity above the box but i am not that confident to set there positions with chill. I am worried about recent similiar lows (3 in this case, for me must have to push below)
Gold zoones are places that i am the most confident about future movement from this places. If price reach this place it can't rail it without any stop. But even if they look best for trades we don't have guarantee that the price will be there in near future.
SELL
Sell zoones are not easy to find there becouse this coin had big dump after release. Gold zoones above actual price defines places where Imbalances(FVG or few of them) and breaker/order blocks combine. I won't place sell orders there, i will seek for the distribution
There are two big sell zoones marked. 1st one is more real, x3 will make STX reach 30bil$ MCap which i think is real target in bull run.
MATIC IS BACK - VOLUMEThank you for reading our update. Please remember that this is not advice for trading.
MATIC Looks to have a new uptrend volume