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Stxusdtlong

STXUSDT Breakout: Is This the Start of a Bullish Surge?Yello, Paradisers! Have you been watching #STXUSDT’s recent moves? If you’re waiting for a potential rally, this setup could be worth watching closely. 💎#STXUSDT has finally broken above its descending trendline resistance after multiple attempts, hinting at a possible shift in momentum. This breakout is a promising sign, not only confirming strength from buyers but also marking a clear higher high in its market structure. 💎The pair has finally broken above a critical descending trendline resistance after several failed attempts, signaling a shift in momentum. This breakout marks not just a psychological win for bulls but also a technical one, as STXUSDT has broken its previous market structure by setting a new higher high. 💎STXUSDT has been trading with notable volume, adding strength to this breakout.After breaking above resistance, the pair successfully retested it, turning this level into a new support. This is a key technical confirmation of bullish intent and increases the probability of further upside. 💎Although the pair has cleared the trendline, a retest is still possible. This retest aligns well with the 0.5 Fibonacci retracement zone, reinforcing it as a high-probability support level for a potential bounce. 💎Resistance Levels to Monitor Initial minor resistance around 2.211, Next resistance at 2.543 and a Strong resistance zone between 2.836–2.94.These levels are likely to be key decision points where sellers could push back, so it’s crucial to monitor volume and price action as STXUSDT approaches each. 💎If the price closes below the demand zone at 1.581, this would invalidate the bullish setup, signaling caution. Stay disciplined, Paradisers! Watch for confirmations at these key levels to make the most of STXUSDT’s next moves. Remember, patience and strategy are key for those looking to thrive long-term in this market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
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
STXUSDT: Is a Breakout on the Horizon? Or Is the Trap Already ?Yello Paradisers! Are you ready for what could be the next major move in #STXUSDT? This coin has shown strong price action recently, but is it ready for a breakout, or are we looking at more consolidation? Let’s dive into the latest setup and what you need to watch closely before making your next move. 💎#STXUSDT has been trending within a descending resistance line on the higher time frames, a key structure that’s been dictating the price action. Previously, we witnessed a fakeout, where the pair briefly moved higher but ultimately returned to test a strong support zone multiple times. Right now, the price is holding just above that critical support level. 💎This level has been tested several times, and each tap has resulted in a slight upward move. The pair is sitting just above this key area, and it’s acting as a pivot point. A daily candle close below this level would invalidate the bullish thesis, signaling potential downside. 💎If the price breaks out from here, this is the first area to watch, a minor zone where sellers might step in is $1.715 💎Next Resistance at $1.851, With strong market sentiment, the pair could push up to this level, which has proven to be a tough barrier in the past. 💎Major Resistance at $1.987, This is the significant level where we could expect the bulls to face the most substantial pressure. 💎If the pair breaks out from the current support zone, we could see an upward move, possibly testing the resistance areas mentioned above. However, if market sentiment remains neutral or weak, we could see the price revisiting $1.321 support again, which is a key level to hold for the bulls. 💎The setup is compelling, but remember— patience and discipline are key. The thesis is only valid if the support at $1.321 holds. A breakout could lead to some exciting price action, but a close below this level might shift the dynamics entirely. Stay focused and trade smart, Paradisers! The market rewards those who are prepared, and by waiting for confirmation, you’ll ensure you’re on the right side of the next big move. Remember, this isn’t a free ride! As always, stick to your strategies, stay disciplined, and avoid emotional decisions. The next few months will be crucial for profitability. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
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