Hourly support test, potential daily trend change to the upsideIm looking at an hourly scalp right now and will come back to a potential swing here on the daily. So long as we keep alt bull momentum market wide this will run nicely.
STXUSDT.P trade ideas
Hourly support test, potential daily trend change to the upsideIm looking at an hourly scalp right now and will come back to a potential swing here on the daily. So long as we keep alt bull momentum market wide this will run nicely.
STX, a buying opportunity at an attractive priceWe believe that adjustments at the weekly level have already ended.
We can strongly speculate on the possibility of a price increase because the price has only gone down in one direction without a sideways move.
STX | Good EntryIf you're interested in Stacks, now is a good time to open a new long position as it sits right on the MA-200. While it will face significant resistance on its potential upward journey, you can protect against downside risk by placing a stop just below the current level.
STXUSDT BINANCE:STXUSDT has done well over time and at the moment we are seeing it back at a key level @2.0600. If this level holds, we just might see some new highs. Until then, fingers crossed!!!
STX - both entrys filled ✅This surge needed to correct at some point either we are going down now or we are pushing up a bit before correcting either way we should be falling in the near future and we want to place two entrys here on STX. The first entry is on the 4H FVG and the second DCA entry on the edge of the demand down below. We are using the same hard stopp on both entrys and the same target, the 12H supply zone. This target is just the first very big resistance you can hold it longer or close it before that. As always please try to think by yourself when trading and adopt your trading style and risk management to it.
DCA on STXDCA on STACKS STX
We will have to be patient but I am convinced that in the long term it has potential.
STACK #stxThe Stx is showing a pattern of lower highs and lower lows, which serves as evidence of a bearish trend. Therefore, I have taken a short position.
STX/USDT It shows a strong bounce and Bullish momentum for STX!💎 Paradisers, #STX is indeed a coin worth closely monitoring.
💎 With a strong bounce from the support area accompanied by a significant green candle, STX is showing signs of bullish momentum, supported further by a MACD golden cross and bullish divergence.
💎 The next step for STX is to break above the resistance trendline to sustain its upward movement and potentially test our target strong resistance area.
💎 However, if STX fails to break above the resistance, there's a possibility of it retracing back to test the support around $2.06. STX must bounce from this level to maintain its bullish trajectory.
💎 Failure to bounce and hold above this support could lead to a breakdown, signaling a bearish turn. In such a scenario, the next level to watch would be the demand area around $1.74.
💎 Should STX reach the demand area, it needs to bounce and reclaim a position above the $2.06 support to resume its upward movement. However, if STX fails to bounce and breaks below the demand area, it could confirm a continuation of the downward trend, indicating further potential losses.
MyCryptoParadise
iFeel the success🌴
STXUSDTThe goal of the downward target is the green box
The goal of the downward target is the green box
STXUSDTSTXUSDT is almost near thier to best buy zone point. I would buy at this zone when it reach to to the support zone
STX Holders! FOLLOW ME~!Hello, guys!
This is ESS team.
We've got STXUSDT analysis.
If Candles are supported by the bottom GREEN uptrend line and make an upward move, We expect candle break through the RED long-term downtrend line.
After the break, It expect to make a parrallel channel with GREEN lines, and rise up.
📈Market Volatility:STX Potential Trading Opportunities⚡️🔍In today's ever-evolving crypto landscape, marked by its characteristic volatility, it's imperative to conduct a thorough examination of potential trading opportunities. Focusing our attention on STX, a project with substantial potential within the realm of Bitcoin's second-layer solutions, we embark on a detailed analysis aimed at identifying strategic entry points amidst market uncertainties and fluctuations.
🌐STX's price action, observed through the lens of historical performance, reveals a compelling narrative. Having demonstrated an impressive uptrend, the recent retracement from the $3.7084 peak has given rise to a consolidation phase. This consolidation, encapsulated within a range-bound pattern, underscores the current state of market indecision.
📊Employing technical indicators such as Fibonacci retracements, we discern critical levels within STX's price structure. The retracement to the $2.2197 support level, coinciding with the 0.5 Fibonacci level, serves as a pivotal juncture for potential bullish momentum to resume. Furthermore, the SMA25 indicator, acting as a dynamic resistance level, adds another layer of significance to our analysis, warranting close observation as price dynamics unfold.
💡In devising entry strategies, a judicious approach is paramount given the prevailing market conditions. While awaiting confirmation of a breakout above the golden zone presents an opportunity for traders seeking higher probability setups, alternative entry points exist at key resistance levels, notably $3.0863 and $3.7084. However, it's crucial to underscore the inherent risks associated with trading during periods of heightened volatility, necessitating stringent risk management protocols to mitigate potential losses.
📈Delving into volume analysis, the point of control (POC) within the fixed range profile emerges as a critical metric, offering insights into price involvement and market sentiment. As market participants await further clarity, a cautious sentiment prevails, urging traders to exercise prudence and patience in their trading decisions.
📉Zooming out to a broader perspective, STX's long-term trajectory warrants consideration. While short-term fluctuations may present trading opportunities, adopting adaptive strategies capable of navigating evolving market dynamics is essential for sustained success in the volatile cryptocurrency landscape.
In conclusion, as we navigate the intricacies of STX's market dynamics, a holistic approach encompassing technical analysis, risk management, and sentiment considerations is indispensable. By remaining vigilant, adaptable, and disciplined in our trading endeavors, we position ourselves optimally to capitalize on emerging opportunities while mitigating potential risks.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
📉📈 STX Trading Analysis 📊💹📊 Current Status:
STX is holding at a significant support level.
📉 Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
🎯 Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
📣 Stay attentive to market dynamics and adjust strategies as needed! 🌐💱 #STX #TradingAnalysis #CryptoMarket 📊💡
STXUSDT in coming daysHi
Stacks is in an overall uptrend, moving within an ascending channel💁♂️
After testing the upper boundary of the ascending channel, the price pulled back🫠
After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Is this the support for STX on longer timeframe?Although overall market is in corrective phase. It seems STX is close to its support area on long-term timeframe. It should bounce from here. If it breaks then you should be concerned as it can be a deep correction.
STX Price ReactionSTX is in an overall uptrend. Prices have moved within an ascending channel, forming higher lows and higher highs.
After breaking through a resistance marked in orange and performing a pullback, the price has reached the channel's upper boundary. Currently, with the formation of bearish candles, the price is reacting to the resistance at the top of the channel and may move towards the channel's lower boundary. Daily analysis also indicates a corrective phase.
Long Trade Position STXUSDTTest your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry point in fifteen minutes, you can enter the trade from the beginning of the third green candle. Be patient and don't rush to enter! After the price reaches the first target, move your stop loss below the first profit limit so that if the price reverses, your trade will be closed with profit. Repeat the above strategy to continue the price targets shown on the chart. If the price reaches or falls below our loss limit before the above condition, entering this transaction is invalid because it must be re-analyzed and the new entry, loss and profit limits must be determined. Note that the market trend is formed with clever tricks by the market maker, so even the most powerful analyzes may be invalidated. The only thing we can do is to surf the waves and stick to our strategy so that while taking care of our capital, Let's make a profit. These exercises will make you experience profit and loss with virtual money in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business becomes profitable and you suffer less loss.
STXUSDT LONG 4H chartSTX is in a up trend , so now are at the bottem of this trend, as every coin depends on btc move, u as a trader have to look at the btc price and it's movement too, I Think STX would be good longterm trade with a max of 5x leverage.
So let's seeeeeeeeeee!, follow me for more, we are here to help each other.
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.
Bitcoin Alternative: STX BTC Layer 2STX is the main BTC layer 2 and is thus like a leverage trade on Bitcoin without the risk of getting liquidated, as you aren't actually trading into leverage.
My first target is around 4.5$, with the second target at 6.2$
Both targets are short term, they might be coming in the next 5 to 8 weeks
What Bitcoin does from now on, STACKS should do x3-x20 💳What Bitcoin does from now on, STACKS should do x3-x20 💳
Pyth Network announced its integration with Stacks, providing developers with low-latency oracles, according to an August 23 announcement.
Pyth Network, renowned for its finance-based pull oracle design, allows users to pull price data updates on-demand for a better optimized blockchain environment. Traditional oracles operate on a “push” mechanism, delivering data at set intervals, but through Pyth, “users are empowered to ‘pull’ price updates on-chain when needed, enabling everyone in that blockchain environment to access that data point.”
Stacks, acting as an important Bitcoin layer, allows the connection of decentralized apps and smart contracts with Bitcoin. Leveraging Bitcoin both as a transactional asset, it allows customers to use BTC to finalize transactions.
Developed by Hiro, a Bitcoin layer development company, this integration ensures that Stacks developers have a seamless avenue to over 300 price feeds, spanning equities, commodities, forex pairs, ETFs, digital assets and more.
Central to this collaboration is the enhanced data access for developers. With the integration, developers working on the Stacks platform can tap into Pyth Network’s real-time price data, extracting information from a comprehensive range of over 300 price feeds:
“This early access launch is intended for developers to test, explore, and begin integrating their decentralized applications with real-time price data.”
Leading platforms in this space, including ALEX, Arkadiko, Hermetica, and Zest, are already capitalizing on the integration, harnessing the power of Pyth’s oracles to empower their financial services. The infusion of reliable, real-time data is set to enhance the functionality, security, and user trust in these platforms.
As Stacks continues to carve its niche as an enabler of smart contracts and decentralized applications on Bitcoin, the integration with Pyth Network augments its ecosystem, providing developers with tools to craft more intricate and sophisticated applications.
Heralding the new collaboration, Marc Tillement, director of the Pyth Data Association, remarked on their dedication to provide developers with crucial tools. Similarly, Hiro’s CEO, Alex Miller, acknowledged the importance of this integration to the Bitcoin DeFi ecosystem:
“Bitcoin DeFi is thriving and Hiro is proud to be a part of bringing Pyth to the Stacks ecosystem to help provide developers with the building blocks they need like a powerful oracle.”
STACKS should do x3-x20 of whatever Bitcoin does from ow on 💳
STX is a Bitcoin layer for smart contracts
What Is Stacks (STX)?
Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.
Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.
Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time.
All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin.
One Love,
The FXPROFESSOR💳
