STXUSDT trade ideas
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.
STX is at resistance again.Blockstack PBC, a software business that seeks to establish a decentralized internet, developed the cryptocurrency STX. The native coin of the Blockstack network, which employs a particular blockchain created to support safe, decentralized apps, is called STX.
The Blockstack ecosystem, which includes the Stacks blockchain and the decentralized apps developed on top of it, is powered by STX. STX is a key component of Blockstack's vision of a user-centric internet where people control their data and identities.
Within the Blockstack ecosystem, STX may be utilized for several things, including:
Using the Stacks blockchain and paying transaction costs
Participating in the Blockstack consensus method through stake
By rewarding users for contributing to the network and participating in governance procedures, the network can encourage developers to create new decentralized apps.
There are two support levels on the way down, and two resistance zones on the way up. One of the resistance levels is very strong and can push the price down for now.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
STXUSDT is preparing for an impulsive wave 3 It appears that STXUSDT is preparing for an impulsive wave 3. Support has been found at the 0.618 Fibonacci level, and by using Fibonacci extension, the following resistance points have been identified. Although it's just a possibility at this point, $STXUSDT could be quite intriguing.
$STX/#USDT [#Stacks]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $STX / $USDT chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.331 | 0.366 | 0.428 and the major support zones are respectively at 0.269 | 0.242 | 0.18. We may consider entering a trade at the current price zone at 0.3222 and targetting higher levels.
Technical Metrics :
Current price: 0.3222
24H Volume: 7,358,644.3417 ₮
24H Price change: 10.912%
- Pivot Points - Levels :
Resistance: 0.331 | 0.366 | 0.428
Support: 0.269 | 0.242 | 0.18
Indicators recommandation :
Oscillators: BUY
Moving Averages: STRONG_BUY
Technical Indicators Summary : STRONG_BUY
- In-depth STXUSDT technical analysis on > Tradingview TA page
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STX/USDT | Pretty Solid Breakout..!!
#STX Falling Wedge Breakout has Confirmed in the Daily TF Chart..!!
Looks Promising for the Midterm Hold..
Expecting +200-250% Bullish Wave in the Midterm So Keep it under the Radar.
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STX Hidden Bullish Divergence must hold .14c A 20x next cycle e Not financial advice.
Like and follow
I will say short but I'm super bullish long term.
I believe this token has potential to hit 3.00-5.00 and as high as 10.00 when bullish conditions come back.
I tried to explain as best as I could.
But .14c is the key entry area but also the key area to hold.
We have a Huge Hidden Bullish Divergence on the Stoch Rsi with an optimal entry of around the 25 area on Stoch RSI.
If we happen to lose .14c
I'd look at .03c as entry.
This token is definitely one you don't wanna sleep on Long term.
The potential is thru the roof especially when regulations come this will be one of the few that survive.
Always DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale