STXUSD 1DSTX ~ 1D
#STX In the event of a retest of this pattern's support line, This is a very good buy. with a minimum target of 15%+
STXUSDT trade ideas
STX 8H LONG setup - June 4 2024STX has done the break-out and it can rise towards the indicated TPs shown on the chart.
STX ANALYSIS🔮 #STX Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #STX. It's a 12hr time frame breakout and it's ready for a bullish move of around 60% in coming days
💸Current Price -- $2.075
📈Target Price -- $3.217
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#STX #Cryptocurrency #Breakout #DYOR
STXUSDT 1D#STX is breaking out the falling wedge pattern on the daily chart. Targets are:
$2.142
$2.364
$2.647
$2.930
$3.280
$3.846
Supports:
$1.824
$1.672
STX/USDT Ready to Breakout From the Falling Wedge | STX Analysis💎#STXUSDT is navigating through a falling wedge and is poised to retest the channel's lower support at $1.80. We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward the channel's upper resistance.
💎However, if #Stacks falters and breaches below the $1.80 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.636. This level is known for its vigorous liquidity and history of prompting notable upward trends.
💎If NASDAQ:STX revisits this demand zone, securing a robust rebound is essential for sustaining support. Any failure to achieve this rebound could intensify bearish momentum, worsen market sentiment, and potentially trigger additional price declines.
💎Stay agile and vigilant, Paradisers. Your ParadiseTeam is diligently monitoring the market and is ready to guide you through the dynamic shifts in the #Stacks market.
MyCryptoParadise
iFeel the success
STX Accumulation / Massive Pump IncomingSTX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
STX D falling wedge , starting to look interesting for a bounceSTX weak but a D falling wedge and gonna start a little feeler . catching the H HL,
Multi timeframes for both of positionsMonth Chart
Easily to see STX, the layer 2 of Bitcoin Blockchain which has been downing to test the ATH of 2021 around $3
Week Chart
I found the Fair Value Gap around $2.1 and I expect BINANCE:STXUSDT can hit this range before turn back to bullish trend.
Day Chart
Double Top happened and now STX is pullback to lower
Can trade at lower timeframes
STXUSDT Trade SetupThis coin is trying it level best to breakout on shorter Time Frame, if that resistance market as daily res is broken, it should fly higher than expectation.
Confluences:
1. Daily/Weekly Falling Wedge Breakout.
2. Lying on daily demand zone.
Thanks me later. Do not miss this before bull run starts.
Stacks (STXUSD): Balanced Strategy for a Solid UpsideFor Stacks (STXUSD), we see a Fair-Value Gap (FVG) on the weekly chart, along with similar gaps on the three-day and daily charts, plus a demand zone below. Our plan is to use these weekly FVGs and the demand zone for Dollar-Cost Averaging (DCA) entry points if the price drops to those levels. We see $1.31 as the maximum downside. On the upside, we aim to reclaim the recent high, with resistance around the three-day gap at $2.64. We're pretty confident that with a well-placed stop-loss, this setup offers a solid chance to build a long swing position.
This strategy provides a balanced risk-reward scenario, allowing us to take advantage of potential upward movements while effectively managing the risks.
Looking at the annual VWAP for STX, it's crucial because this year's VAL (Volume-Weighted Average Price Low) could act as support, which aligns with our planned entry in the orange zone. This point could be pivotal for holding and supporting STX's price action. On the upside, the annual VAH (Volume-Weighted Average Price High) will serve as resistance. If we flip this level, it could then become support, opening up significant upward potential. While the timing is uncertain, we're ready to see how the price action unfolds, barring any unexpected news.
On the quarterly chart, we see a clear picture. Our worst-case scenario is the 2024 Q1 VHL (Volume-Weighted Average Price Low) at $1.56, which is our downside limit. We expect this level to serve as resistance, and currently, we're struggling to surpass it. However, we're focusing on the 2024 Q1 VAL as our critical support, marking it as our worst-case scenario.
Overall, breaking through the 2024 Q1 VHL is challenging, but our strategy considers this level, ensuring we're prepared for potential downside movements while aiming for upward targets.
Lastly, the monthly chart for STX is more complex. We have the February VAL and January VAH below us, which have acted as support multiple times. If we lose these support levels, they might turn into resistance, possibly causing a reversal before or at the January VWAP. Our first resistance on the way up will be the April VAL of $2.42. There are several resistances to navigate, making it crucial to move carefully. Despite this, we expect a trend reversal soon, but the key question is whether the market will shake out a few more participants before turning upwards.
STX Analysis: Eyeing Bullish ReversalKey Levels:
Support Level:
1.92 USDT (marked on the chart)
1.56 USDT (next major support below)
Resistance Level:
2.15 USDT (immediate resistance marked on the chart)
2.38 USDT (secondary resistance above)
3.10 USDT (projected upper target)
Current Trend:
The price is currently in a downward channel, indicated by the trend lines converging downwards.
There has been a consistent lower high and lower low pattern, characteristic of a downtrend.
Technical Indicators:
Stochastic RSI:
The Stochastic RSI is currently around 53.10, which is in the neutral zone but close to being oversold. This could suggest a potential for a reversal if it moves further down into the oversold territory (below 20).
Volume:
The volume shows some green bars, indicating buying interest at lower levels, which could support a potential reversal or bounce from current levels.
Potential Scenarios:
Bullish Scenario:
First Target: The price may attempt to break the immediate resistance at 2.15 USDT.
Next Target: If it successfully breaks above 2.15 USDT, the next resistance level to watch is 2.38 USDT.
Upper Target: A significant bullish move could see the price reaching up to 3.10 USDT, as indicated on the chart.
Bearish Scenario:
Immediate Support: The price might retest the support level at 1.92 USDT.
Next Support: If the 1.92 USDT level fails to hold, the next support is at 1.56 USDT.
Trading Strategy:
Long Position : Consider entering a long position if the price shows a strong reversal signal from the support level at 1.92 USDT, with a stop loss just below the support.
Short Position : Consider shorting if the price breaks below 1.92 USDT, targeting the next support at 1.56 USDT, with a stop loss just above 1.92 USDT.
#STX/USDT is trying to break the Diagonal Trendline in 1-Hour TF#STX/USDT is trying to break the Diagonal Trendline in 1-Hour TF!
Wait for BO and retest to open a long position. The local resistance level is PML $2.057 and the support level is PDL $1.929.
STX - HighlightJust wanted to highlight STX as it is an asset that should experience additional growth this cycle with BTC.
Today, Grayscale announced it will be adding NEAR and STX. This shows a few outlying themes with institional interest in altcoins. One is building on top of BTC (STX) and one is related to AI scalability (NEAR).
Looking at the weekly chart for STX our RSI is trying to develop structure. We have an ascending support line (white trendline) with white arrows representing everytime momentum switched back to the upside. Right now we are at the same trendline.
STX is very heavily connected with BTC price movement. Therefore, once BTC closes a 3D above $71.5k we should see STX have a very nice rally begin.
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.
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.
