Get started

Stxusdtlong

The Future of STXUSDT: A Look at the Key Catalysts - Stacks◳◱ On the BINANCE:STXUSDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 2.817 | 3.178 | 3.998 and support near 1.997 | 1.538 | 0.718. Entering trades at 2.49 could be strategic, aiming for the next resistance level. ◰◲ General Information : ▣ Name: Stacks ▣ Rank: 56 ▣ Exchanges: Binance, Kucoin, Gateio, Mexc ▣ Category / Sector: Infrastructure - Smart Contract Platforms ▣ Overview: Stacks (formerly Blockstack) provides software for internet ownership, which includes infrastructure and developer tools to power a computing network and ecosystem for decentralized applications (dApps). Its focus is to replace the reliance on centralized cloud service providers and apps that harvest and monetize user information. The Stacks network allows users to directly own digital assets like usernames, domain names, computer programs, etc. On the Stacks blockchain, computing is done on the edges (i.e., client devices), and applications on the platform store data individually and use the blockchain only when necessary. ◰◲ Technical Metrics : ▣ Current Price: 2.49 ₮ ▣ 24H Volume: 85,569,157.492 ₮ ▣ 24H Change: 3.063% ▣ Weekly Change: 2.63%% ▣ Monthly Change: 25.12%% ▣ Quarterly Change: 68.55%% ◲◰ Pivot Points : ▣ Resistance Level: 2.817 | 3.178 | 3.998 ▣ Support Level: 1.997 | 1.538 | 0.718 ◱◳ Indicator Recommendations : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Summary of Technical Indicators : BUY ◲◰ Sharpe Ratios : ▣ Last 30 Days: 3.91 ▣ Last 90 Days: 2.21 ▣ Last Year: 1.28 ▣ Last 3 Years: 0.53 ◲◰ Volatility Analysis : ▣ Last 30 Days: 1.01 ▣ Last 90 Days: 1.00 ▣ Last Year: 1.12 ▣ Last 3 Years: 1.17 ◳◰ Market Sentiment : ▣ News Sentiment: N/A ▣ Twitter Sentiment: N/A ▣ Reddit Sentiment: N/A ▣ In-depth BINANCE:STXUSDT analysis available at TradingView TA Page ▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content. ◲ Disclaimer : Disclaimer The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk. ▣ Explore the Power of Charting with TradingView Unlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -
by Crypto2AF
5x Potential Gains on STX From Here (Fibs, Channels & More)STX has been looking good and in a nice upward trending parallel channel since Dec 2022. Just trading that channel would have yielded some great returns, but we can also look to the Fibonacci retracement from the previous high to low, which we can see exactly forecast the next high as shown in the video. From there, we can run the Fib tool from the most recent high to low, which we seem to be coming out of in the ower edge of the bullish channel, giving us a $10 price target (5x). This coincides with the fractal I took from the last bullish pump to the previous high, and it looks like this is a viable path to $10, judging from the rounded bottoming pattern and the 50 day EMA turning higher. Let me know what you think of this video, leave a comment, and if I get 10 likes I'll try to do more of these weekly if not daily! More information is in my bio, and I'd love to hear your thoughts on this study 🚀
COINBASE:STXUSDLong
by BrettFogle
STX USDTSTX is currently in a bearish trend and has been moving within a descending channel for approximately 157 days. The chart clearly shows the price making lower highs and lower lows, respecting the boundaries of this channel. At the moment, the price is positioned near a critical juncture where it could potentially break out of this descending channel, signaling a reversal. For a bullish move to occur, STX must break above the channel’s upper boundary. This resistance has acted as a barrier to the price, preventing any significant upward movement.
by TheCryptoCity
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.
Long
by Mbjoey
#STX/USDT#STX The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern We have a bounce from a major support area in green at 1.25 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount Entry price 1.36 The first target is 1.66 The second goal is 1.91 Third goal 2.20
Long
by CryptoAnalystSignal
1
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.
Long
by Z4F4R
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.
Long
by trading_jupiter