STXUSDT.P trade ideas
Utilizing Angles W/ GeometryNote:
The angle spanning from .7242 Mon 06 Marc '23 21:30 and .7547 Tue 07 Mar '23 3:00
- It is about 19 on this scaling
The next angle below it is 1/2 of that; 19/2 = 9.5
These intersect the price at .7547 and create time objectives; these time objectives were used concurrently with price to note times of major change.
STX - Corrective wave endedWe can see how we clearly have 5 waves (Yellow line) with 3 impulsive moves.
We can observe how each impulsive move is followed by another 5 clear waves with its respective higher highs (Blue Aqua line).
Those are then followed by 5 corrective waves also (Qhite line).
Adding 2 Fib retracement patters we get a range of what, in my opinion, could be the bottom for the current corrective wave we are experiencing right now.
We the get a price range between the short term move fib (38.20%) and the long term fib (23.60%).
What could be next?
This should come followed by a new 5 small waves and possibly form another 5 corrective waves, creating a new accumulation schematic.
Like and follow
Raf
$STX/USDT 2h (#Bybit) Rising wedge breakdown and retestStacks seems locally topped here and a retracement down to 100EMA would make sense.
⚡️⚡️ #STX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%
Current Price:
0.94020
Entry Targets:
1) 0.95080
Take-Profit Targets:
1) 0.76145
Stop Targets:
1) 1.07745
Published By: @Zblaba
$STX #STXUSDT #Stacks #PoX
Risk/Reward= 1:1.5
Expected Profit= +59.7%
Possible Loss= -40.0%
www.stacks.co
STX: Approaching SupportTrade setup : After sizeable gains (~400% YTD 2023), price was met with selling pressure around $1.05 resistance area. Now we wait for price to find support level and for momentum to inflect bullish again (MACD Histogram rising). Fibonacci retracement levels (potential support) are $0.73 (38.2%), $0.63 (50%), and $0.63 (78.6%).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $0.80, which it broke, then $0.60, and $0.40. The nearest Resistance Zone is $1.05.
✴️ This Isn't Over... 425% Is Just The Beginning!Let's go back to Stacks because I already showed you literally hundreds of different charts and there is no point in looking for new ones, more opportunities available than the ones that we can take.
This will give further strength to our bullish position.
First, notice the ultra-high volume.
This tells us that things are only getting started.
The RSI goes super high just as it happened in August 2020.
The MACD enters the bullish moving north for the first time ever.
We have a long-term higher low.
A higher high is possible next.
Above $4 is the potential... More or less!
Projection for new All-Time Highs in 2024 for the Altcoins or 2025.
And 2025 for Bitcoin.
We are still early even after 425% of growth.
People will be joining months for now, years from now...
By the time retail buying, traders will be selling.
That's the great advantage of reading this, of being here, now!
Namaste.
$STX - Bullish Pennant Breakout Entry$STX is in news after publication by LunarCrush. On Daily and Weekly it's showing a heavily bullish sign, this is 4h timeframe and it did a breakout from pennant which is ascending means forming HL but also LH.
I have kept two targets, first target is a resistance on Daily and second target is a Weekly resistance.
You can either enter if price comes back for a retest at breakout level or you can take entry at any level in between, but I technically believe that bullish momentum is strong and price might not come back for a retest.
Plan your trade and DYOR.
STX/USDT headed to $1.00+ STX/USDT is headed to a psychological $1 (I think).
Note the Purple Candles by Sam indicator (purple candles). The indicator is here on TradingView.
Have a trailing take profit just before $1 - as it might run past that.
Squeeze indicator looking strong and DI/ADX is turning up.
STXUSDT(Stacks) Daily tf Range Updated till 23-02-23STXUSDT(Stacks) Daily timeframe range. from its local low it retraced back to 320%+ thats actually quite insane. it needs little bit more volume to push toward 1.0276#. after that it got midrange which is 1.300#.but that depends how retail interest keeps up.