Stacks
STACKS & BITCOIN If you have been following crypto market in the last 3 weeks, you will certainly notice the crazy $STX performance, there were red days in crypto market meanwhile $STX was doing daily +10%
We have seen how solid Bitcoin was during USDC depeg and during the collapse of $SIVB and Silvergate bank! SPX down while $BTC doing +20% in few days.
In a nutshell, only few crypto projects will survive and more chance for those who co-exist with Bitcoin dominance, here comes Stacks.
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.
Looking for 3X on this one, holding above $0.5555 is my only buy-condition as this investment is for the long term.
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STX/USDT SPOT buy/sell zoonesMy minimal target for STX bull run is previous height above 3,66$.
I dont feel too much pressure tu buy STX becouse i bought mine at 0.5$ but if i would buy more it will be this places.
BUY
First buy zoone is a bit risky but it's the most recent and seems better than the lower one. Double green marked zoone means that this place is best of this whole area.
Second buy zoone I dont trust this zoone. Of course i will seek long in this place if the chart will form liquidity above the box but i am not that confident to set there positions with chill. I am worried about recent similiar lows (3 in this case, for me must have to push below)
Gold zoones are places that i am the most confident about future movement from this places. If price reach this place it can't rail it without any stop. But even if they look best for trades we don't have guarantee that the price will be there in near future.
SELL
Sell zoones are not easy to find there becouse this coin had big dump after release. Gold zoones above actual price defines places where Imbalances(FVG or few of them) and breaker/order blocks combine. I won't place sell orders there, i will seek for the distribution
There are two big sell zoones marked. 1st one is more real, x3 will make STX reach 30bil$ MCap which i think is real target in bull run.
STX strategy against BTC (Y24.P1.Video1). Some surprisesHi Traders,
It came to my attention that maybe I should trade STACKS #STX with BTC in mind every time.
Along the way, I found another reason to short BTC at 54.500 k range and hence STX might be a better choice.
Here are the reasons.
Please give me a like and share.
Cheers.
S.SAri
STX/USDT Bullish ride boom from demand?🚀 STX Analysis💎 Yello ladies and gentlemen! Get ready for an exciting chance with #STXUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead.
💎 Checking out #STACKS, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $1.4324, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey.
💎 Ready to catch every opportunity? Keep your eyes peeled if the NASDAQ:STX slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $1.1776 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.
STX will hit $4-5 in 2024, and top at $40-50 by November 2025Hi everyone!
Here is one of my biggest positions in my portfolio, STX, which I have been holding since early 2023 and staking it. Other big investors like Tim Draper are extremely excited about Stacks and Bitcoin L2s, so hit up that Like and Follow buttons and now lets dive in the technicals:
Short-term and Mid-term, STACKS or STX is exhibiting relative bullish strength as it is completing two bottoming bull reversal patterns of the trend which if you have been following my analysis for the past 10 years on Tradingview and old or recent publications, is very common in Crypto and Altcoins to do:
(1) Adam & Eve at 0.23-0.19c
(2) Rounding bottom.
STX has still not broken the previous ATH at $3.25 so buying know below $1.81 is still considered an early entry and you could still make a whopping 2,600% in gains if this trade plays out as expected and we top at/near $50 by October 2025 through December 2025.
In the incoming days / weeks, I am expecting to see a strong rally (a bit similar to the blue fractal which represents the Gold cycles in the past 10 years~ for reference) towards the previous ATH resistance block at $3.25. I believe that thanks to the Bitcoin ETF recent approvals by the SEC, Crypto is now mainstream and that we should see enough momentum to break up higher and hit $4-5 as a fake out before we pull back down and consolidate between that resistance and the support block at $1.90-1.40~ for the rest of 2024.
Looking further ahead at the next bear market of 2026-2027, we can expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $4-5.
Best of luck and happy trading!
Carl M.
STXUSD: Sell this rise and target the 1W MA50.Stacks is incredibly overbought on the 1D technical outlook (RSI = 84.093, MACD = 0.150, ADX = 38.340) as the January 22nd 1W rebound is now on the second very aggressive 1D candle. This has completed a +535% growth range from the last HL contact, the exact same rise with the March 20th 2023 HH. We are shorting on this technical sell signal, aiming at the S1 level (TP = 1.25000) a little over the 0.618 Fibonacci level. That will be our new buy entry for the long term and new All Time High.
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$stx stx stacks in a broadening wedge ... Bullish!NASDAQ:STX stacks price action is currently forming a broadening wedge (A head and shoulders pattern can be spotted in this wedge!
CurrenT price: $1.54
Expect #stx price action to test previous resistances at: 1.6, 1.8, 2.0 then 2.2, 2.3, 2.5
Else Stacks will retest previous supports (which will make for buy the dip opportunities) at 1.4, 1.2
STX Price TrendAt present, the price is positioned within the range delineated by the resistance box. Should positive and ascending patterns emerge in this region, it is anticipated that the price trend of STX will shift into an upward trajectory.
Conversely, if the price breaches and falls below the base of the box, it is projected to descend further, potentially reaching the lower boundary of the ascending channel.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
$STX Stacks Rising Channel... Move Up or Down!NASDAQ:STX Stacks has been on a tear upwards for weeks. Price Action has formed an Ascending Channel.
Current Price: $1.97
A break above the channel will lead to higher prices, Resistances above: 2.17, 2.38
Else Price will retrace to previous Supports: 1.80, 1.66, 1.43
STX is one of the best performing high-caps. Buy now?STX is a very important coin for Bitcoin. STX is a Bitcoin Layer for smart contracts. Why do I think you should buy this coin? We have to take a look at the price action first. We see that we have multiple similar swings high at around 1.75, which is a very bullish sign. From the Elliott Wave perspective, we see that we have a strong combo of (1)(2)(1)(2). The previous all-time high is the next stop, but I believe we will go much higher this year. You can hold it for the long term as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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.
Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time.
All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
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?
STXUSD: One more green week and then correction.This is a direct update to our initial long signal on Stacks (see chart at the bottom), which is so far going according to plan. It just turned overbought on the 1D timeframe (RSI = 72.109) but it is the 1W that is of more concern, which is extremely overbought (RSI = 87.916, MACD = 0.253, ADX = 61.042) and this is why we are doing today's analysis on the 1W timeframe.
Our TP = 2.5000 remains but after that we expect a strong correction as not only is the 1W RSI the most overbought in history, but we are about to experience the first ever 1W Golden Cross, which would be a good opportunity for the market to take profits. The downside target is the 0.618 Fibonacci level (TP = 1.20000).
See how our prior idea has worked:
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STX: The Bitcoin Multiplier Unleashed! 🤖🚀 STX: The Bitcoin Multiplier Unleashed! 💹🌟
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:
🌊 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.
🚀 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!
📈 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.
🌍 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.
🔐 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.
💡 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 💙
Helpful Links:
Understanding STX's Market Position
Deep Dive into STX
$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!
Stacks STXUSD to $40-50 by end of 2024Stacks NASDAQ:STX is exhibiting relative bullish strength after reclaiming the resistance block (seen in red) as support. Similar to 2020, currently it is completing two bullish reversal patterns of the trend such as a:
(1) double bottom at 0.23-0.19c and
(2) rounding bottom.
Once NASDAQ:STX rallies towards the top resistance block of the rounding bottom at $2.65-3.25 and successfully backtests it as support, we can expect the Megabull to be confirmed, leading NASDAQ:STX to rally and reach a peak by the end of 2024 at either $10 or $40-50 . This would represent a generous 5,000 to 23,000% increase from the all-time lows should we reach $10 or $40-50 respectively. Tim Draper is backing Stacks among others in the industry, so I would not be surprised to see it deliver great gains in 2024.
Don't forget to like and subscribe! I'll be publishing more ideas with targets for Bitcoin and altcoins in the incoming weeks.
Carl M.
STX/USDT Navigating Bullish Opportunities at Key Support? 👀 🚀💎 Paradisers, spotlight on #STXUSDT! It's gearing up for an exciting phase, hinting at a potential upward swing from a crucial support level.
💎 Here's the scoop on #Stacks It's been playing the market game quite skillfully, breaking free from a descending trendline and heading north. Now it is eyeing a revisit to what was once a hurdle but now a springboard - the support level at $0.9647. If NASDAQ:STX bounces off this level, we could see it soar towards the significant supply mark at $1.5771. Think of it like a trampoline effect - down, up, and higher!
💎For #STX traders, it's all about being prepared for every twist and turn. If it doesn't catch the bullish wave and starts to dip, we might need to look at plan B - rallying from the lower support deck at $0.8353.
💎 And here's a heads-up: if STX dips below this safety net, it’s time for a market huddle. Such a move would be a signal to rethink our strategies, maybe shifting gears to match the new market playbook.