STXUSDT trade ideas
#STX Set for a 133% Surge?In this daily chart of Stacks #STXUSDT, the price is forming a descending channel, a pattern often signaling a potential bullish reversal. Currently trading at $1.428, STX could rally to $3.345, representing a possible gain of 133.74%. With strong resistance levels being tested, this setup is drawing attention for a potential breakout. Are you ready for the ride?
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
STX Pumped From the trend lineBINANCE:STXUSDT is still moving in a ascending triangle, In my previous update i was expecting a breakdown of this triangle but fortunately Stx retest the trend line and made multiple Green Candles.
I have marked the Retest of this Trend line It is showing Clearly that after retesting this trend line STX is making a high, If the Bitcoin and Crypto market remain bullish Stx could hit the price may be 2$-2.3$.
Stacks (STX), LONG opportunity🟢 Here is a LONG opportunity on STX/USDT:
Potential Buy Zones:
1- 1.80 $
2- 1.65 $
3- 1.50 $
Potential Sell Zones:
1- 2.17 $ (20%)
2- 2.39 $ (32%)
3- 3.00 $ (66%)
4- 3.46 $ (93%)
About Stacks (STX):
Stacks (STX) enhances Bitcoin by enabling smart contracts and decentralized applications (DApps) without altering Bitcoin’s core protocol. Using Proof-of-Transfer (PoX), Stacks leverages Bitcoin’s security, enabling scalable and efficient transaction processing. STX tokens are essential for executing smart contracts, processing transactions, and rewarding network participants. The Stacks project is notable for being the first SEC-qualified token offering in the U.S., highlighting its regulatory compliance and potential for wide adoption.
Disclaimer
The information provided here should not be construed as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or gains resulting from investment activities based on the information provided.
October Picks: Stacks (STX) Gearing Up for new ATHs
📈🔥 October Picks: Stacks (STX) Gearing Up! 💥📊
Kicking off October with a promising setup! Historically a strong month for crypto, and Stacks (STX) is already up by 4% today. The chart reveals an ascending channel, with a rejection at 1.943.
Key Levels to Watch:
Support: 1.789 and 1.735
Breakout Zone: 1.95
Next Target: 2.76 🚀
This month, I’ll be sharing some of my favorite chart setups early on, so stay tuned for more picks coming soon! For more insights on STX, check out my previous analysis .
One Love,
The FXPROFESSOR 💙
Big chart and targets here:
STXUSDT BUY OPPORTUNITYSTXUSDT has formed a giant bullish pole and flag pattern. Within this larger structure, we've identified an internal bullish continuation pattern, also a pole and flag, which has achieved its projected target. We have outlined a strategic buyback area, named the accumulation zone, which should act as a strong demand area for the coin. This setup requires maximum patience, but it promises significant rewards as indicated on the charts.
$STX Key levels to watchSTX (Stacks) is breaking out of a 3-month consolidation and is now nearing its horizontal and psychological resistance at $2
A bullish structure is forming, and we have significant upside potential if we can break through the immediate resistance, which has now been tested for the third time.
There's strong support between $1.70 and $1.65. In my view, any dip to this range is a buying opportunity. If this level holds, we could see a move up towards $2.3 to $2.5
Buy Trade Idea for STX (Stacks)Description
Stacks (STX) is a unique cryptocurrency that brings smart contracts and decentralized applications (dApps) to Bitcoin, unlocking new opportunities within the Bitcoin ecosystem. Here are the key fundamentals supporting a potential buy trade for STX:
- **Bitcoin-Powered Smart Contracts:** STX is the first cryptocurrency to enable smart contracts on the Bitcoin blockchain, combining the security and stability of Bitcoin with the versatility of programmable contracts.
- **Growing Ecosystem:** The Stacks network is rapidly expanding, with a variety of decentralized applications being built, especially in areas such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
- **Clarity Language:** Stacks uses the Clarity programming language, designed to be predictable and secure, reducing bugs and vulnerabilities in smart contracts, which is key for long-term growth and adoption.
- **Secure and Transparent:** STX leverages Bitcoin’s proof-of-work security model to anchor its transactions, ensuring high security and transparency for users and developers alike.
Given these strong fundamentals, STX presents an attractive buy opportunity for investors looking to capitalize on the integration of smart contracts and Bitcoin’s robust security framework.
Disclaimer
Trading and investing in cryptocurrencies involves significant risk and can lead to substantial losses. The information provided is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and prices can fluctuate due to various market factors. It is important to conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results.
Stacks – Primed for a Breakout with Strong Bitcoin IntegrationAbout Stacks (STX): Stacks is a unique project that brings smart contracts and decentralized applications (dApps) to Bitcoin without altering Bitcoin’s core. It has a market cap of $2.52 billion and a 24-hour trading volume of $167 million, showing strong market interest.
Impact of Rate Cuts: With the Fed's recent 50 bps rate cut, risk-on assets like STX are expected to thrive as investors seek high-growth opportunities in the crypto space. Stacks, building on the strength of Bitcoin, stands to benefit from this macroeconomic backdrop.
Entry Point: STX is currently trading at $1.69, showing a 12.1% increase in the last 24 hours. Immediate support is at $1.17, and a breakout above $2.76 could set the stage for a strong bullish rally. The primary target is $4.33, while the maximal target in a moonshot scenario reaches $19.
📊 Technical Levels:
Support: $1.17
Primary Target: $4.33
Maximal Extension: $19 (Moonshot Scenario)
The chart is showing STX flirting with a breakout, and the combination of Bitcoin’s stability and smart contract capability could push STX higher.
If you like STX, perhaps it’s time to diversify with AI + Crypto unicorns like CRGPT 🤖🚀.
One Love,
The FXPROFESSOR 💙
$STX squeeze coming upWould like to see BTC hold above $59,500 and close out a daily candle in the green to trickle down the bullishness with correlated Stacks NASDAQ:STX , bullish wave back up a few Fib levels as the end of the current macro squeeze is coming up. Been steady sideways accumulating for the past 5 weeks. Bearish scenario it breaks the wedge and dips down to the Lower Support Zone.
STXUSDT touch confluence | Long BiasOn week chart
BINANCE:STXUSDT hit and bounce back from the ascending trend line and Golden Ratio on week chart
On 4H timeframe
BINANCE:STXUSDT had returned to fill orders and bounce back
With signals from week and 4h timeframes, my opinion likely Long bias for this time and wait confirmation to trade
Wait and see
STX ANALYSIS#STX Analysis 🚀🚀
As we can see that #STX is trading in a Descending Channel Pattern in daily time frame and also there is a breakout. After a small retest towards it's support zone we would see a reversal in #STX 💸 💯🚀
💸Current Price -- $1.785
📈Target Price -- $3.000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#STX #Cryptocurrency #DYOR
STX inside amazing logarithmic parallel channelThis graph portrays STX's *logarithmic* path in WEEKLY.
I've added its textbook Elliot Wave pattern to illustrate even more what it's apparently doing.
It fits amazingly well inside that parallel channel, with an pixel-perfect bounce at the end of wave 4.
Apparently, we have only to wait pattern continuation to uncharted new hights at the end of that wave 5.
What will the top number be? I dont know, I'll leave that to the experts. Maybe Fibbonacci will tell us?
Please, don not hesitate to share your thougts.
Peace