STX/USDT Technical analysis CRYPTOCurrent technical analysis for STX/USDT if you have any questions or criticism towards my analysis feel free to leave them in the comments!
FORECAST FOR ONLY IF PRICE REACHES THE TARGETS IF IT DOES NOT THEN THIS GRAPH DOES NOT IMPLY TOWARDS ANY OTHER PRICE TARGET!!!
Red line = current support
Orange line = current resistance
Yellow line = future resistance
Green line = future resistance
White arrows = what i think will happen
Yellow line = can happen but less likely
FORECAST ONLY FOR WHETHER THE PRICE WILL REACH THE BOTTOM OF THE DIAGONAL SUPPORT IF IT DOES NOT IT MAY BREAK THROUGH AND ENTER MUDDY GROUNDS!!!
STXUSDT
STX BOUNCE OR MORE CORRECTION?STX is a good project. You can earn BTC by staking your STX coins.
STX is standing on the red trendline. If this trendline going to be broken, I guess it can fall back to 0.5$. In my opinion, this area is a strong buy area.
In case of bounce, if it can menage to go above 2.8$ next target will be the upper trendline.
This is my trial. Not a financial advice.
Bag🎒 your STACKS once again! Stacks broke up this triangle 📐 and I think there is chance for run to 3.55 and even higher. Setting BUY LIMIT order to catch the pullback. STX just pamp eet! ⛽
ENTRY : local high @ 2.19
STOPLOSS (SL) : local low @ 1.94
TARGETS (TP) : TP1 - resistance @ 2.70 | TP2 - resistance @ 3.09 | TP3 - height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 3.55
REWARD RISK RATIO (RRR) : TARGET1 - 2.0 | TARGET2 - 3.6 | TARGET3 - 5.5
INVALIDATION : when SL level hit
My previous STX ideas 👇
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
STXUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 2.8 - 3.2 - 3.6
after first target reached move ur stop to breakeven
stop: under 1.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
STXUSDT Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit the support line for the third time and is currently fluctuating above that and can start moving up again.
You can enter the trade after the price breaks the resistance line and stabilizes above it to achieve the above targets.
But if the support line is broken and the price stabilizes below it, we can see more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Stacks (STX) - November 25Hello?
Welcome, traders.
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Have a nice day.
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(STXUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.35034579-0.47505249 section: expected to continue upward trend
0.99833499-1.10302110 or higher: Expected to create a new wave.
(1D chart)
First resistance section: near the 2.55287349 point
Second resistance section: 3.17634175-3.38416449
Support section: 1.72158249-1.92940524
If the price is maintained in the range of 1.92940524-2.55287349, it is expected to renew ATH.
It should rise above the 2.33980519-2.55287349 section to accelerate the uptrend.
If the price declines from the support zone, it may move towards the 1.10302110 point, so trade cautiously.
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(STXBTC 1W chart)
Above the 2735 Satoshi point, we need to see if we can continue the uptrend along the uptrend line.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Open LONG position STX target $4-6-8Know Sure Thing - KTS
Know Sure Thing , or KST , is a momentum oscillator developed by Martin Pring to make rate-of-change readings easier for traders to interpret. In a 1992 Stocks and Commodities article, Mr. Pring referred to the indicator as "Summed Rate of Change ( KST )," but the KST term stuck with technical analysts. The indicator is relatively common among technical analysts preferring momentum oscillators to make decisions.
KST : Above point 0 means long position (positive zone), below point 0 (negative zone) means short position.
I liked this indicator more than RSI because we can evaluate the breaking points of the channels we draw on the indicator according to the regions.
Plus area (positive area), breaking the channel upwards may indicate a very strong rise, and minus area (negative area) the channel downwards may indicate a very strong fall.
STX - Future Projection SeriesIf you've read any "Future Projection" posts you can skip down to the conclusion as I say the same thing till then.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $1.81
First Projection $12.05
12.05 / 1.81 = 6.6 X
Second Projection $30.25
30.25 / 1.81 = 16.7 X
Now for a regular old fellow such as myself, a 6 to 16 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near .55 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
STXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price goes up after hitting the support line and the price can form a twin floor and we can see a Gartley pattern.
If it can be stabilized above the resistance line, it can advance to our target, and we may have a correction after hitting the resistance line. We have to wait and see how the trend reacts with this resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck