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STXBTC

STX is one of the best performing high-caps. Buy now?STX is a very important coin for Bitcoin. STX is a Bitcoin Layer for smart contracts. Why do I think you should buy this coin? We have to take a look at the price action first. We see that we have multiple similar swings high at around 1.75, which is a very bullish sign. From the Elliott Wave perspective, we see that we have a strong combo of (1)(2)(1)(2). The previous all-time high is the next stop, but I believe we will go much higher this year. You can hold it for the long term as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! 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. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
9
Located in an ambiguous areaHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (STXUSDT.P chart) (1D chart) It has touched the 0.4704-0.4781 range and is rising, but it is currently judged to be in an awkward position to enter. Accordingly, I think priority should be given to confirming support around the 0.4704-0.4781 range. (1h chart) It shows an upward trend, rising above the 0.4803-0.4923 range. However, because a box section is formed in the 0.4985-0.5296 range, there is a possibility that the rise may be limited. Accordingly, it is necessary to check which direction it deviates from the 0.4923-0.4985 range and check whether the movement continues. However, since entering a SHORT position is considered more risky, I think it is better to wait and then enter a LONG position. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
Long
by readCrypto
✳️ Stacks vs Bitcoin Long-Term | Complete Cycle MappedHello my dear Cryptocurrency trader, let me show you why I am bullish on Stacks vs Bitcoin long-term. November 2022 marks the "All-Time Low", left side of the chart. After we hit bottom, the only place left to go is up and this leads to a massive bull market. A bull market leads to a bear market and this is also clearly marked on the chart. The bear market most come to and end by hitting a new low and in this case a long-term higher low (January 2023 higher low vs November 2020 all-time low). Between June 2022 and January 2023 is the "consolidation phase", same as Bitcoin and the rest of the market and then comes a bullish breakout, recovery, the new bullish phase and it starts with 333%. Such growth needs a correction, now taking place, a "steep correction" on the chart... This correction will lead to a new bullish wave, the continuation of the initial breakout. This is true for the ENTIRE CRYPTOCURRENCY MARKET. Thank you for reading. Namaste.
Long
by AlanSantana
STXUSDT Signals Potential Bullish Breakout with Falling Wedge 💎 STXUSDT pair has formed a falling wedge pattern on the 4-hour timeframe, indicating a potential bullish reversal. 💎 As the trading volume gradually decline. This signifies reduced selling pressure and accumulation by buyers. An increase in volume during the breakout can further confirm the bullish outlook. 💎 If the breakout occurs above the upper trendline of the falling wedge, it could lead to a potential upward price movement. Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long
by MyCryptoParadise_Simon
Located in an important volume profile sectionHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (STXUSDT chart) The key is whether it can be supported around 0.8395-0.9983. If it is supported in the 0.8395-0.9983 interval, 1st: 1.5327 2nd: 2.0316 It is expected to rise around the 1st and 2nd. but, Looking at the 1W chart, since the 1.2520 point has been serving as support and resistance for a long time, we need to see if we can break through this point upwards. If it falls below 0.8395, 1st: 0.6560 2nd: 0.4010 You need to check if it is supported in the vicinity of the 1st and 2nd order. The current price level is in the important support and resistance zone, so if it moves sideways in this zone, it is important whether the HA-High indicator on the 1W or 1M chart is created by a decline. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
9
Stacks (STX) set to reach $15 by January 2024After carefully analysing all the Fib tools on the hourly chart, I've revised my price prediction for $15 as the most likely scenario for this cycle, ending in January 2024. Looking at the 2 and 3-day chart, it's clear that Stacks has found reliable support at the 0.236 Fib level. Excitingly, we could see $1.57 being tested next week, paving the way for a potential all-time high. The #STXBTC trading pair is already close to reaching this milestone. Stay tuned for the chart I'll be posting later!
Long
by joerivdpol
✳️ Bullish Continuation = Bullish Confirmation | Stacks New HighSTXBTC (Stacks) hit a peak in late February to end a 285% bullish wave. We would normally expect a correction at this point as usual but no. The week late Feb. closed as a shooting star, a bearish candlestick pattern which was followed by a hammer. So prices did move lower but all losses were quickly recovered and STXBTC managed to close green, after green and now... Continues green. A new week and a new high is being hit. A very strong bullish continuation. This is not bear market type of action. Bullish continuation = bullish confirmation. Cryptocurrency is in a long-term growth path no doubt about that. We have higher lows since early 2020 and we will continue to experience higher lows and higher highs, for years to come. Namaste.
Long
by AlanSantana
The Altcoins Bull Market | Proof In The NumbersHere we have Stacks, STXBTC, producing some serious growth, some really nice numbers. This is bull-market type of action; let me explain. From early January to 20-February STXBTC grew by 200%. In a bear market, this type of move would happen much faster in the form of a short-squeeze. As soon as the peak is hit, we would immediately see a major crash that would lead to a lower low. Currently, after 20-Feb. we have little consolidation followed by additional growth. STXBTC is hitting new highs, including a new high today for a total of 285% since the last low. The more it grows... The longer this bullish wave continues, the stronger the upcoming higher low. This is bull-market type of action. Based on what we are seeing now, when the major correction comes we will end up with a higher low. Higher highs and higher lows... That's bull-market action. It has been happening for a while now. Adapt and change. There is room for additional growth. Namaste.
Long
by AlanSantana
2