Is STXUSDT Setting Up for a Big Move? Don’t Miss These Key LevelYello, Paradisers! Is STXUSDT quietly building momentum for a major breakout? Let’s dive into the current market structure to see if we’re on the verge of a bullish opportunity — or if caution is the smarter play.
💎STXUSDT is showing bullish I-CHoCH (Internal Change of Character) and BOS (Break of Structure) on higher timeframes — a good sign that buyers are gaining control. The current retracement adds more weight to this setup, making it an attractive opportunity if we see further confirmation on lower timeframes.
💎The double-bottom pattern forming is another bullish signal. However, instead of jumping in early, it’s smarter to wait for a bullish I-CHoCH confirmation on lower timeframes to increase the probability of success.
💎If we get a deeper retracement or sudden panic selling, our focus will shift to the strong support zone below. This is where we expect a bounce, and once again, we’ll be watching for bullish I-CHoCH on lower timeframes to confirm the reversal.
💎If STXUSDT respects that support, we’re in a good position. But...
💎If the price breaks down and closes a candle below the strong support zone, that will invalidate the entire bullish idea. In that case, we step back and wait for better price action to form. No need to rush — the market will always give more opportunities if you stay patient and disciplined.
Play It Smart, Paradisers! At this point, it’s all about waiting for confirmation and avoiding emotional trades. The crypto market loves to punish impatience, but the disciplined traders always win in the end.
MyCryptoParadise
iFeel the success🌴
Stxusdtanalysis
STXUSDT: Previous Resistance Acting as Strong SupportSTX technical analysis update
STX's price is bouncing from its major support level, with the previous resistance now acting as strong support. Above this support zone, the price has formed a descending channel and is currently trading within it. The price is now moving toward the channel resistance, potentially setting up for a breakout.
Regards
Hexa
STX Potentially BullishNASDAQ:STX is still attempting to reclaim the bullish momentum and so far, the 1.760 zone (Previous Resistance now turned support) seems to be holding. A further bullish push just might lead the start of another bullish push.
This does not completely rule out the possibility of another dip in the market. As long as the now found support holds, the bulls will take the lead otherwise, the bears will dominate. I will keep an eye on this closely. Expect updates on #STX as market reveals itself more.
Could STXUSDT Be on the Verge of a Major Rebound? Yello, Paradisers! Is #STXUSDT about to make a dramatic move? Let’s dive into the analysis to see what’s happening.
💎Currently, #STX is lying on a strong support zone. The probability of a rebound from here is high if the daily candle closes with a bullish rejection. Should this occur, the price is likely to reverse upward, testing the supply zone around 1.8 and the descending resistance area.
💎If STX successfully breaks out of the descending resistance, it could indicate a strong momentum shift. This breakout might also lead to a breach of the supply zone. A successful break above the supply zone would confirm a bullish reversal, with a high probability of the price reaching our target at the strong resistance area.
💎However, if STX fails to break the descending resistance or fails to rebound from the support, we could see a move towards the order block (OB) area. The OB area is crucial as it likely contains large orders that could lead to a significant rebound. For the price to continue its upward movement, reclaiming the support zone is necessary.
💎Conversely, if STX breaks below the OB area and the daily candle closes beneath it, this would confirm a bullish invalidation, signaling a continuation of the bearish trend and a potential further dip.
Stay vigilant, traders, and remember that discipline and patience are key to navigating these market moves successfully.
MyCryptoParadise
iFeel the success🌴
STX Potentially BullishWe have seen over time how the crypto market has created some lows. Are we going to be seeing some bullish push ahead of the crypto convention next month? On the TA side, market is looking like it is ready to make another push upward, however I will want to see some bullish move to confirm that the retest is completed on the H4 TF.
Until then, fingers crossed.
Long term, I'm going long
STXUSDT Trade SetupThis 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.
STX Analysis: Eyeing Bullish ReversalKey Levels:
Support Level:
1.92 USDT (marked on the chart)
1.56 USDT (next major support below)
Resistance Level:
2.15 USDT (immediate resistance marked on the chart)
2.38 USDT (secondary resistance above)
3.10 USDT (projected upper target)
Current Trend:
The price is currently in a downward channel, indicated by the trend lines converging downwards.
There has been a consistent lower high and lower low pattern, characteristic of a downtrend.
Technical Indicators:
Stochastic RSI:
The Stochastic RSI is currently around 53.10, which is in the neutral zone but close to being oversold. This could suggest a potential for a reversal if it moves further down into the oversold territory (below 20).
Volume:
The volume shows some green bars, indicating buying interest at lower levels, which could support a potential reversal or bounce from current levels.
Potential Scenarios:
Bullish Scenario:
First Target: The price may attempt to break the immediate resistance at 2.15 USDT.
Next Target: If it successfully breaks above 2.15 USDT, the next resistance level to watch is 2.38 USDT.
Upper Target: A significant bullish move could see the price reaching up to 3.10 USDT, as indicated on the chart.
Bearish Scenario:
Immediate Support: The price might retest the support level at 1.92 USDT.
Next Support: If the 1.92 USDT level fails to hold, the next support is at 1.56 USDT.
Trading Strategy:
Long Position : Consider entering a long position if the price shows a strong reversal signal from the support level at 1.92 USDT, with a stop loss just below the support.
Short Position : Consider shorting if the price breaks below 1.92 USDT, targeting the next support at 1.56 USDT, with a stop loss just above 1.92 USDT.
NTX/USDT Favorable Entry Opportunity at Key Support & TrendlineKey Support and Trendline Confluence:
NTX/USDT currently finds itself situated at a critical support juncture, coinciding with the 4-hour trendline. This confluence underscores a pivotal area for potential market reversal or continuation.
Bullish Confirmation Entry
Traders eyeing long positions may consider entering upon bullish confirmation at the retest of this support zone. A prudent entry point lies near 2.9500, strategically positioned to capture potential upward momentum while managing risk effectively.
Risk Management Parameters
To safeguard against adverse price movements, it is advisable to implement a stop loss order in close proximity to the entry point. A stop loss set around 2.4360 serves to mitigate downside risk while allowing ample room for market fluctuations.
Profit Targets
Profit-taking levels should be established to capitalize on upward price potential. The first profit target (TP-1) is set at 3.4845, representing a significant area of resistance where partial positions may be exited. For those aiming for further gains, TP-2 is identified at 3.9390, reflecting a higher resistance zone.
Conclusion
In conclusion, NTX/USDT exhibits favorable conditions for a potential bullish reversal, with the confluence of key support and trendline providing a compelling entry opportunity. Diligent adherence to risk management principles and profit-taking strategies is paramount to successful trading execution.
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.
STXUSDT Where Next?BINANCE:STXUSDT did some amazing moves but from my stand point, it has come to a weekly zone which is close to an all time high, I expect some consolidation within the range of 2.8490 and 2.4493 areas.
A break above the 2.8490 will trigger a continued push upward while a close below the 2.4493 just might trigger a push down-ward. Either way, I will lock in some profit while waiting for the next move.
Updates to follow...
Do your due diligence
STX ANALYSIS🔆#STX Analysis : Channel Following ⛔️⛔️
As we can see that #STX is following ascending channel on 4h time frame. We can see a bullish formation here. And if it trade with good volume then we can see a proper bullish move in #STX📈📈
🔖 Current Price: $1.9390
⏳️ Target Price: $3.2102
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#STXAnalysis #Cryptocurrency #ChartPattern #DYOR