STXUSDT trade ideas
$STX on BTC halving yearSTX brings a lot of improvements this year, that could start more demand, the Nakamoto Upgrade will bring more speed on Transactions and lower fees, the blooming #Bitcoin ecosystem will be the hype of the bull market IMO
The Nakamoto upgrade will bring more Defi and new tokens, maybe airdrops, hyped NFTs... etc etc
All of this creates demand that will be felt on price increase or small correction, so i am expecting at least $1,20 as retrace, if we gets closer to a dollar it will be realy good...
STX ANALYSIS๐#STX Analysis : Channel Following โ๏ธโ๏ธ
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 #STX๐๐
๐ Current Price: $1.9390
โณ๏ธ Target Price:ย ย $3.2102
โ๏ธ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.๐๐ธ
๐ทRemember, 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
Stacks STX price has entered powerful liquidity zone, what next?The STXUSDT price has entered a powerful liquidity zone - the global highs of 2021.
Now, you should be careful with Stacks longs, as there has already been a redistribution of capital and a trend change in the $1,75-2.50 range twice.
A confident medium-term STX long is possible either when the price is firmly established above $2.50 or after a correction around $0.90.
The global target for the STX growth wave is $8.50-10.50, the only question is whether it will be a blue or white route?
$STX to 190 USDT ??With all this ETF Hype, Bitcoin and his blooming new ecosystem, flourishing aroun him, the Altcoin with the most upside potential is Stacks, STX enables on the Bitcoin Blockchain, all the Ethereum features like Dapps, Defi, NFTs and more...
we have the oportunity to own Rare Sats now, fragments of bitcoin the were mined by Satoshi Himself, and transactd to the late, and great, Hall Finney back in 2009, among other rarities, i have stacked mines...
NASDAQ:STX could go 100x this time, it's only warming up!
look at this weekly volume, MASSIVE!!!!
believe me, this kinda accumulation is poised to explode!
๐๐น STX Market Update ๐๐ฐ๐ Strength in Performance:
Unlike other altcoins that experienced corrections, STX has shown remarkable resilience.
Quick recovery from the recent dip indicates a potential strong performance in the coming days.
๐ Buyer Dominance:
Despite heading into a resistance area, buyers seem to be in control.
STX: The Bitcoin Multiplier Unleashed! ๐ค๐ STX: The Bitcoin Multiplier Unleashed! ๐น๐
Hello, traders and crypto enthusiasts! Today, we're diving into the dynamic world of STX (Stacks), a project I've termed the "Bitcoin multiplier." Let's explore why STX is creating waves in the crypto universe:
๐ Riding the Bitcoin Wave:
STX, since early 2021, has been enhancing Bitcoin's utility.
Key highlight: BlackRock's potential Bitcoin ETF, signaling strong institutional interest.
SEC's view of Bitcoin as a commodity boosts prospects for Stacks blockchain.
๐ Stacks' Stellar Growth:
An impressive 472% growth last year alone!
Our portfolio showcases diverse, high-performing assets, including STX.
Strategic focus: Diversifying into low caps and new segments, keeping a keen eye on Bitcoin's ecosystem and switch focus to new, AI related crypto gems!
๐ Technical Analysis Insights:
STX shows promising entry points, recently breaking over $1.7833.
Current support at $1.7833, with targets at $2.76, $4.33, $6.97, and a potential high of $19 by 2025.
๐ Global Impact and Layer 2 Dominance:
As Bitcoin gains global traction, the demand for Layer 2 solutions like Stacks increases.
Stacks leads in Bitcoin Layer 2 solutions, offering innovative features like smart contracts.
Emergence of liquid stacking and SBTC - a decentralized take on Wrapped Bitcoin.
๐ Smart Contract Functionality:
Stacks brings Turing complete smart contracts to Bitcoin's ecosystem.
This blend of security and open-source possibilities sets Stacks apart in the crypto space.
๐ก The Future with Stacks:
With nations and markets increasingly embracing Bitcoin, Layer 2 solutions like Stacks are poised for growth.
Stacks' role in alleviating Bitcoin blockchain's transactional load is crucial.
One Love,
The FXPROFESSOR ๐
Helpful Links:
Understanding STX's Market Position
Deep Dive into STX
Brief AnalysisโโSTXThe window for BTC ETF will arrive this week. Judging from the current review progress, we believe that the BTC ETF has a high probability of approval. With the influx of funds, the crypto market is likely to continue its bullish trend. The BTC ecosystem will also gain market attention again. So today we chose STX, Layer 2 of the BTC ecosystem. Compared with ORDI, which has more meme attributes, STX may be more favored by investors.
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.
The rise of STX this year is basically in sync with the popularity of the BTC ecosystem. Although there is no increase as much as ORDI, STX's rise is more sustainable than other tokens. Currently, STX is in the process of high fluctuations. Judging from the ME indicator, STX undoubtedly maintains the bullish trend, and the purple wavy area is expanding. But on the WTA indicator, the rise of STX in early January was not supported by whales. Especially in the past two days, although the price has risen with fluctuation, the length of the columns on the WTA has shrunk. A correction may occur in the short term.
Switch to 4h level. As stated on the daily level, STX has had significantly fewer whales during its recent move than it did previously. And there is opposition among the whales. After the two red candles, the whale brought a long green candle and broke out of the previous high. Judging from the current situation, bulls are leading, and if new whales can be further attracted to arrive, then the second round of rise may come.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
STACKS ( STX ) long term ideaLONG term hold idea
Very nice higher low... currently at an area of resistance ( order block )
2 entry ideas ( 1 for breakout and 1 for pullback support bounce )
Year 2024 Plans for Stacks:
Implement Nakamoto upgrade for enhanced speed and security in layer 2 solutions.
Integrate ALEX's off-chain STX20 trading technology.
Objective: Revitalize the Bitcoin L2 ecosystem
This is for ENTERTAINMENT purpose Only.
Not Financial Advise
Always DYOR ( do your own research )
$stx stacks cup and handle pattern....NASDAQ:STX price action currently in a cup and handle pattern
Current price: 0.96
Break out of Neckline will lead to higher resistances up to 1.8
Further Rejection of neckline resistance will retest previous supports which will make for perfect spot buy the dip opportunities!
STX SEEMS NOT FAR FROM THE BREAKThank you for reading this update.
Depending on our study we see that UMA has a good chance of volume increase.
STX seems on an important level with the chance to break in the coming time frames.
Big question if STX is going to see the next break to $2,98 and up?
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.