STXUSDT
STX will be flying soonWe have bullish structures on the chart and candles react well to demand. It is expected that if the candles reach the green box, we will see a good reaction.
I specified the target. This analysis will be violated if a daily candle closes below the demand range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
STX/USDT Upward Momentum? 💫Stacks Today analysis💎 Paradisers, direct your attention to #STXUSDT as it showcases a compelling pattern. Currently trading within a consistent range, the asset exhibits a high probability of a bullish breakout.
💎 In the past, #STACKS has demonstrated a trend of following a descending trendline, breaking above it to initiate an upward movement. It has been faithfully adhering to a range-bound trajectory, experiencing rejections twice at the same resistance level.
💎 Presently, it's regaining bullish momentum, pointing towards a substantial chance for a bullish movement. Should this upward trend persist, It is poised to target the resistance at $.7380, and may even surge higher to challenge elevated resistance levels at $.8874.
💎 For #STX traders, readiness for a possible bullish rebound from the support level of $.5678 is crucial. However, be mindful that a drop below this level could signal challenges in maintaining the bullish trend.
💎 In this ever-shifting and dynamic market environment, strategic foresight and adept decision-making are key. Formulating a comprehensive trading strategy, which includes robust money management and a profound understanding of support and resistance levels, is essential for attaining successful trading outcomes. 🌴💰
STX/USDT Break out the Bullish pattern. Continue Bullish ??💎 STX is currently a significant focus in the trading community. In a similar vein to MINA, it's breaking out of a Bullish FLAG pattern and is entering a retesting phase at the resistance trendline.
💎 If STX successfully retests, characterized by a bounce off the resistance trendline, it could signal a continuation of its upward trajectory, probability aiming for a strong supply area in our target zone.
💎 However, if STX fails to rebound from the resistance trendline of the Bullish flag and instead consolidates around this level, it could be a troubling indicator. Such a scenario might lead to STX breaking down below the trendline. A breakdown like this would confirm a false breakout, potentially setting STX on a path back to a lower demand level around $0.592.
STX ANALYSIS🔮 #STX Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #STX. We are just waiting for a perfect breakout. If #STX breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $1.1628
⏳️ Target Price: $2.3400
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #STX. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#STX #Cryptocurrency #DYOR
STX 15mins Bearish OBSTX created beaeish OB above and ready to induced retail into shorting from the first OB but it will be a good idea to let the liquidity be grab towards the OB above the inefficiency......... Wait for entry and take a short from there
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STXUSDTFrom the data shown on the chart, there is wave 1 and wave 2. They have been completed and now it is preparing to launch into wave 3, which is to break the peak and retest it again, and all the data is shown on the chart.
Note: The analysis fails if the price closes below the bottom of wave two, area 0.4156
STX is in time hell Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the STX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STX/USDT Downward Momentum ?? Stacks Analysis TodayYello Paradisers, Stacks Analysis: Navigating a Bearish Trend
💎 STX recently faced a rejection after hitting the supply zone, continuing its downward trajectory.
💎 Currently, it's approaching a demand zone where it could potentially bounce for a short upward leg before resuming its decline.
💎 In terms of the overall trend, STX remains bearish. Therefore, for those considering a short position, the Bullish Order Block (OB) area could serve as a potential target.
Entry Strategies:
💎 Short Position: Keep an eye on the Bullish OB area as a potential target for your short trade, given the prevailing bearish trend.
💎 Long Position: For a spot buy, either wait for STX to break and close above the resistance trendline or consider entering at the Bullish OB zone.
Choose your entry point based on these scenarios and the current trend.
Stacks STXUSDT Analysis: Breakout Point and ResistanceThe price action of BINANCE:STXUSDT (Stacks) presents an intriguing setup that resembles the Adam & Eve reversal pattern. Recent developments include a bullish breakout from a Falling Wedge pattern, suggesting potential upward momentum.
Key Target Levels:
Target 1: $0.53
Target 2: $0.57
Target 3: $0.59
Target 4: $0.64
Target 5: $0.68
Key Support Levels:
Support 1: $0.49
Support 2: $0.47
Support 3: $0.44
I anticipate a robust breakout with a possible pullback near the neckline before the next bullish swing.
Let's stay tuned! 🚀📊
STX/USDT Ready to continue upward momentum ?? Stacks Analysis💎 STX has undeniably caught our attention. Presently, STX has achieved a breakout from the ascending pattern, marking a valid phase for retesting.
💎 STX now stands poised for further upward progression, evidenced by the robust green candle's rebound from the retesting phase at the previous supply-now-demand zone. The forthcoming target for STX is the supply zone, with a specific focus on surpassing the previous high at $0.595. There is a substantial likelihood of this scenario materializing.
💎 Conversely, a pessimistic development would be STX trending downwards, particularly closing beneath the demand level at $0.52. Such a movement would signify a bearish turn, as STX would re-enter the ascending pattern, potentially breaking through the supportive base of the ascent and closing lower.
💎 This outcome would be detrimental for STX, possibly triggering a continued descent towards a robust support zone, thereby indicating a shift in trend to bearish territory.
STX: Approaching ResistanceTrade setup : Following a bullish breakout from Descending Triangle pattern, price rallied 30% and reached our target of 200-Day moving average ($0.61). It is getting overbought (RSI > 70), so near-term, we could see some profit taking, which could be a swing entry opportunity. Stacks (STX) is a platform for scaling and building on top of Bitcoin.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.43, then $0.30. The nearest Resistance Zone is $1.05, then $1.30.
STXUSDTsed on the given market data, it is observed that the STX coin is currently priced at $0.6096. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 67.30, 78.01, and 53.87 respectively. The RSI values show that the coin is neither in the overbought nor in the oversold zone, indicating a balanced demand and supply scenario.
The Moving Average Convergence Divergence (MACD) for 4 hours and 1 day are positive (0.0253 and 0.0226 respectively), indicating a bullish trend. However, the 7 days MACD is negative (-0.0257), suggesting a potential bearish trend in the longer term.
The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 0.6360, 0.5800, and 0.7272 respectively, indicating a moderate price volatility.
The immediate support and resistance levels for 4 hours are $0.5656 and $0.6773 respectively. For 1 day, the support and resistance levels are $0.5223 and $0.6773 respectively. And for 7 days, the support and resistance levels are $0.3925 and $0.8250 respectively.
In conclusion, the STX coin seems to exhibit a bullish trend in the short term but a bearish trend in the longer term. Therefore, potential investors might want to consider these factors before making investment decisions. It is also recommended to keep an eye on market trends and other economic indicators as cryptocurrency prices can be highly volatile.
STX at daily and 4hrs TF resistance In our post about STX symmetric triangle, we let you know STX will pump hard if breakout and retest the symmetric triangle…. As we can see STX did good pump after breakout and retest.
But right now we need to listen to what the PA (Price Action) is saying as we are currently facing daily resistance and 4hrs TF resistance…. I’m expecting a little correction here to 4hrs support below as indicated in the chart…. Be safe
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(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.
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** 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.
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