StxusdtThink we see something like this for July tbh
Crazy high volume
L.s.d narrative
In a small bullish cork
Above supertrend retesting
Double tap the .618?
STXUSDT trade ideas
STX - Stacks I believe in YouThe increase in Stacks explained:
It’s unusual for a cryptocurrency to announce a 2x return in this down market. However, Stacks (STX) was able to do this in June because to a few fortunate circumstances. Although the smart contract platform and Bitcoin (BTC) are closely related, many customers consider Stacks to be a better option for their wallet.
While waiting, you can wonder where to invest your money to make a similar or even better purchase. A different funding platform, VC Spectra (SPCT), which is expected to experience an exceptional 10x rise, may provide a workable solution for early blockchain and technology start-ups.
Since its inception at the beginning of 2021, Stacks (STX) has given Bitcoin a new layer of usage, riding the wave of rekindled interest. The price of STX is growing as a result of several fundamental Bitcoin-related events. The main one is BlackRock’s decision to submit an exchange-traded fund for Bitcoin.
Curiously, it is with the SEC, the same regulatory body that is engaged in legal conflict with Coinbase, who may serve as the ETF’s custodian. However, there is a lot of institutional interest in Bitcoin (BTC), which has benefited Stacks (STX).
Other commentators have said that Bitcoin has an advantage over other currencies since the SEC views it as a commodity rather than a security. Additionally, that is advantageous for the Stacks blockchain.
Stacks have increased by more than a factor of two from $0.43 to $0.88 since June 10th, 2023. In actuality, this doesn’t mean Stacks (STX) is safe. But if this trend keeps up, Stacks could eventually reach its $1.50 goal by 2023.
Chart:
I see 1.07 as the key all time trend line S/R level.
Price will most likely do go there for a check..if that level fails price will come lower but i still see most likely the breakout happening which unlocks 2-7$.
Ultimately i see STACKS in the 10-19$ range in 2025-2026
One Love,
The FXPROFESSOR
STX - only SEC registered crypto & Bitcoin Smart ContractsI am loading up on STX mainly because it is the only SEC registered crypto project out there.
Also Stacks allow users to deploy smart contracts on Bitcoin Blockchain - you might have heard Ordinals recently, NFTS on Bitcoin. There arent many other strong candidates with such fundamentals.
It has already broken out of the down trend, and seems like finding support above a major resistance.
STX: Navigating the Ups and DownsStacks (STX), a pivotal token in the blockchain ecosystem, has been charting an interesting course. A coin integral to the functioning of the decentralized apps and smart contracts on the Bitcoin network, STX has been showing signs of volatility, encouraging traders and investors to examine its performance closely.
Snapshot: Current Market Scenario
As of our analysis, the price of Stacks is at 0.7078, representing a drop of approximately 4% over the past 24 hours. This indicates a recent bearish sentiment in the market. However, as seasoned traders would affirm, the tide in the crypto market can turn swiftly, and current bearish trends do not rule out a potential bull run in the near future.
The Short-term Picture: 1 Hour Time Frame Analysis
On the one-hour chart, we observe an RSI value at 40, a level typically regarded as the brink of the oversold territory. This suggests that we might expect a potential price reversal or at least a pullback in the near future. Confirming this speculation is the MACD reading of -0.0068, which could indicate a shift in the market momentum towards the upside.
The Fibonacci Retracement, a tool used by traders to identify potential levels of support and resistance, shows 0.6988 as the 0 level, 0.7480 as the half level, and 0.7871 as the first level. These levels could play a significant role in the future price movement of STX. A volume oscillator at -18% suggests that trading volume has decreased, a trend often preceding a significant price movement.
Mid-Term Prospects: 4 Hour Time Frame Analysis
Zooming out to the four-hour time frame provides us a wider perspective. The RSI and MACD continue to indicate a potential bullish reversal, reaffirming the readings from the one-hour chart. The Fibonacci Retracement levels for this time frame are 0.7111 (0 level), 0.797 (half level), and 0.8829 (first level). An increase in trading volume may be required for the price to reach these levels.
The Long Game: Daily Time Frame Analysis
On the daily time frame, the indicators paint a slightly different picture. The RSI is sitting at a neutral 56, the MACD at 0.0358, and the stochastic is at 57, all hovering around the middle of their respective ranges. This neutrality suggests an equilibrium between buying and selling pressure, and we might be in for a period of consolidation.
Fibonacci levels are also of interest, with 0.8829 as the 0 level, 0.66 as the half level, and 0.4371 as the first level. These will likely be the critical levels to watch out for in the near to mid-term.
Wrapping Up
To sum up, despite the recent downward movement, the technical indicators suggest a possible change in market sentiment for Stacks (STX). The divergences between the different time frame charts underline the importance of considering multiple perspectives when forming a trading strategy.
The crypto market is dynamic and rapidly evolving, and while technical analysis can provide us with a roadmap, it’s important to stay abreast of the broader market news, changes in regulations, and macroeconomic factors that can impact the crypto landscape. Remember, trading always involves risks and it's crucial to trade responsibly based on thorough research and analysis.
In the case of STX, a coin that plays such a fundamental role in the Bitcoin network, both the micro trends (as indicated by the hourly and four-hourly charts) and the macro perspective (
from the daily chart) offer crucial insights. The technical indicators suggest a potential upward trend in the short term, while the daily chart may indicate a period of consolidation. As always, staying tuned to market fluctuations is key in this exciting and unpredictable realm of cryptocurrency trading.
[UPDATE STX] Nothing to say. Short any squeezeLevel is clear.
I'm wrong above 0.95.
Will increase my short position if I see any bounce at 0.62-0.77-0.84 (if)
Bye.
Stacks emerges top gainer with 13% surge 🔋👽STACKS was a great entry for us yesterday and a very promising one for the future.
1.17 mid of ascending channel
1.795 technical resistance
2.38 end of ascending channel
19$ potential for 2025/early 2026 (where i see end of next cycle)
Stacks is a blockchain protocol that leverages bitcoin’s security and state through the innovative proof-of-transfer (PoX) consensus mechanism. With this integration, Stacks seeks to enable smart contract capabilities on the bitcoin network and bolster scalability.
Per data from price-tracking platforms STX, its native token, has been the biggest gainer among the top 100 assets by market capitalization in the past 24 hours. With a13% surge, STX has outperformed bitcoin (BTC) over seven times within this timeframe.
Let's go STACKS!
The FXPROFESSOR
STX possible next move.STX still in uptrend.
If STX break above its most recent high, we might see it go to the possible target or sell short zone.
If it gets rejected, there is still gaps below its current price. Go to lower TF for better entry if it touches the zones, and look for signs that the trend will continue or reverse.
STX already hit the most recent liquidity zone, we might see it touch the First buying zone or the extreme OB/Ideal buying zone.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
Let's see what the little beast will do It's facing two Resistance, and this candle is not good enough to a BREAKUP. Let's wait for its struggle
$STX NASDAQ:STX is pumping on the back of the Bitcoin etf narrative but imo it is still in corrective phase
from the chart,it is playing the B wave of the correction which will be followed by another C wave to new lows most likely
x2 - x4 chance with STXD1: stx main uptrend. During the downtrend starting from March 20 to June 10, the price moved down the channel with low volume and small amplitude.
The weis wave volume represents an ascending attempt by the sellers, but the price did not fall sharply when the price approached 0.5213. The candle on June 10 is a climax of selling and the candle on June 18 is a no supply -> selling pressure is exhausted.
On 20/06 there was a strong bullish candle + super high vol broke the downtrend structure -> the downtrend corrected and ended, stx returned to the uptrend.
setup: buy limit 0.6795, sl 0.435, tp1 1.3115, tp2 2.8
🔔 Jingle all the way, oh what fun it is to ride the STX train🚄🔔Merry Xmas to all SEC and Powell bears:
🔔reference:
🔔Dashing through the snow
In a one-horse open sleigh
O'er the fields we go
Laughing all the way
Bells on bobtails ring
Making spirits bright
What fun it is to ride and sing
A sleighing song tonight, oh!🔔
🔔Jingle bells, jingle bells
Jingle all the way
Oh, what fun it is to ride
In a one-horse open sleigh, hey!🔔
🔔🔔🔔MERRY XMAS JEROME, MERRY XMAS SEC!🔔🔔🔔 HAPPY NEW YEAR BEARS!!
The FXPROFESSOR 🎅
OH I FORGOT: STX IS A TRAIN 🚄🚄🚄🚄🚄🚄🚄🚄
STXThe price has broken through a significant resistance level, the downtrend line. The price is in a zone of strong overbought conditions. The price is likely to retest the trend line, which has now turned into a support, and continue to rise.
STX USDT BULLISHSTX definitely one of the strongest coins. Would love to get additional exposure next to my spot bag.
Waiting for a test of the 4H 200MA/EMA and fib level.
STX shows strong Bullish signAs we can see coin broke through resistance.
I expect that the price will come to retest the resistance zone to continue its Bullish rally.
I think pretty soon we can see the coin around the price of 0.77$
STX/USDTBreak-down
-Good h4 liquidty sweap followed by a ob rejection, M5 msb
-Possible trend reversal (choch) in play, facing towards downward liquidity sweap
StacksLooks pretty ready for a new bull trend here
Break and retest of downtrend
Now needs first higher low
Stx Getting Ready for 1.50$Seems Like getting Ready to Make New High Consolidating In Descending Channel since Long time Incase Of breakout Expecting Move towards 1.50$
76% Profit?hello guys
i hope you all doing well
i think this setup will make a very good profit
but do you fundamental research before open any position
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
Dump MR STXPremium entry would be 1.2
However its nice to open low lev short at the first resistance mentioned and higher at 1.28
Dump it
Thanks
STX SHORT RETESTstx is looking strong despite current market sentiment. we tested resistance at ..67 cent.we are now retesting the 200 although stoch rsi are overbought so a continued retest to the 50 and 20 running in confluence is my expectation
if taking the long i would put a stop loss at either 57cent or if you want more exposer 52 cent is the swing low i am expecting the bounce at 60 cent i would enter the long there and target .84 cent we need to break through ..68 first
STXUSDT 4H MTNASDAQ:STX -USDT #4HR,
Broke above this trend, currently retesting a strong horizontal level of resistance, expecting to see a rejection from here in-order to grab liquidity from the break-out zone inorder to continue going to the upside. My mid-term target on STX is 0.7 - 0.8
STXUSDT Signals Potential Bullish Breakout with Falling Wedge 💎 STXUSDT pair has formed a falling wedge pattern on the 4-hour timeframe, indicating a potential bullish reversal.
💎 As the trading volume gradually decline. This signifies reduced selling pressure and accumulation by buyers. An increase in volume during the breakout can further confirm the bullish outlook.
💎 If the breakout occurs above the upper trendline of the falling wedge, it could lead to a potential upward price movement.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
