Get started

Stacks

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?
by P_S_trade
4
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: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
BINANCE:STXUSDLong
by InvestingScope
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
by FX_Professor
2
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.
Long
by BitcoinGuru
3
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.
Long
by MyCryptoParadise
🔋 STX: The Bitcoin Multiplier - Next Stops $0.845 & $1.0 🎯👽Hey traders, Professor here! 👋 Quick update on STX Stacks. This gem is moving in sync with Bitcoin but on steroids. 📈 Key Levels: Current Support: $0.60 🛑 Next Targets: $0.845 & $1.07 🎯 Bought the dip after the 55-cent rejection and it's been a smooth ride. 🛒 Why STX? It's a Bitcoin layer for smart contracts. 🤖 Enables DApps to use Bitcoin as an asset. 💎 Secured by 100% Bitcoin hash power. 🔒 In short, if Bitcoin is the king, STX is the knight in shining armor. 🤴🛡️ Keep an eye on this one, folks. High expectations here! 🌠 Happy trading! 🤑 Emojis: 🚀🎯👋📈🛑🛒🤖💎🔒🤴🛡️🌠🤑 One Love, The FXPROFESSOR 💙
Long
by FX_Professor
STX/USDT Upward Momentum? 💫Stacks Today analysis💎 Paradisers, direct your attention to #STXUSDT as it showcases a compelling pattern. Currently trading within a consistent range, the asset exhibits a high probability of a bullish breakout. 💎 In the past, #STACKS has demonstrated a trend of following a descending trendline, breaking above it to initiate an upward movement. It has been faithfully adhering to a range-bound trajectory, experiencing rejections twice at the same resistance level. 💎 Presently, it's regaining bullish momentum, pointing towards a substantial chance for a bullish movement. Should this upward trend persist, It is poised to target the resistance at $.7380, and may even surge higher to challenge elevated resistance levels at $.8874. 💎 For #STX traders, readiness for a possible bullish rebound from the support level of $.5678 is crucial. However, be mindful that a drop below this level could signal challenges in maintaining the bullish trend. 💎 In this ever-shifting and dynamic market environment, strategic foresight and adept decision-making are key. Formulating a comprehensive trading strategy, which includes robust money management and a profound understanding of support and resistance levels, is essential for attaining successful trading outcomes. 🌴💰
Long
by MyCryptoParadise_Simon
STXUSD: Start of a parabolic rally.Stacks is rising after forming a Golden Cross on the 1D timeframe and turning highly overbought (RSI = 81.130, MACD = 0.059, ADX = 31.757). This comes after a major bullish breakout yesterday as the price crossed over the LH trendline of the December 1st 2021 All Time High. This indicates that the token has officially entered its new Bull Cycle and the onyl pattern that is emerging so far is a Channel Up. Initially we expect this wave to target the 0.786 Fibonacci level (1.8700) and after a pullback, we will aim at the +535% total rise (TP = 2.5000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
BINANCE:STXUSDLong
by InvestingScope
1
STXUSD Strong bullish extension short-term.Stacks (STXUSD) has closed above the 1W MA100 (red trend-line) for the first time since March 23 and even though it remains within an 8-month Channel Down, we expect to finally break it upwards as the 1D MACD formed the first Bullish Cross above the 0.00 level since since the start of the Channel Down itself. To make the bullish case stronger, this is coming off the first 1D Golden Cross in 9 months and we can clearly see a technical Channel Up emerging. We consider this a strong short-term buy opportunity towards Resistance 1 at 0.886750. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:STXUSDLong
by TradingShot
STX/USDT Downward Momentum ?? Stacks Analysis TodayYello Paradisers, Stacks Analysis: Navigating a Bearish Trend 💎 STX recently faced a rejection after hitting the supply zone, continuing its downward trajectory. 💎 Currently, it's approaching a demand zone where it could potentially bounce for a short upward leg before resuming its decline. 💎 In terms of the overall trend, STX remains bearish. Therefore, for those considering a short position, the Bullish Order Block (OB) area could serve as a potential target. Entry Strategies: 💎 Short Position: Keep an eye on the Bullish OB area as a potential target for your short trade, given the prevailing bearish trend. 💎 Long Position: For a spot buy, either wait for STX to break and close above the resistance trendline or consider entering at the Bullish OB zone. Choose your entry point based on these scenarios and the current trend.
by MyCryptoParadise_Nathan
Stacks STXUSDT Analysis: Breakout Point and ResistanceThe price action of BINANCE:STXUSDT (Stacks) presents an intriguing setup that resembles the Adam & Eve reversal pattern. Recent developments include a bullish breakout from a Falling Wedge pattern, suggesting potential upward momentum. Key Target Levels: Target 1: $0.53 Target 2: $0.57 Target 3: $0.59 Target 4: $0.64 Target 5: $0.68 Key Support Levels: Support 1: $0.49 Support 2: $0.47 Support 3: $0.44 I anticipate a robust breakout with a possible pullback near the neckline before the next bullish swing. Let's stay tuned! 🚀📊
Long
by ArShevelev
STX/USDT Ready to continue upward momentum ?? Stacks Analysis💎 STX has undeniably caught our attention. Presently, STX has achieved a breakout from the ascending pattern, marking a valid phase for retesting. 💎 STX now stands poised for further upward progression, evidenced by the robust green candle's rebound from the retesting phase at the previous supply-now-demand zone. The forthcoming target for STX is the supply zone, with a specific focus on surpassing the previous high at $0.595. There is a substantial likelihood of this scenario materializing. 💎 Conversely, a pessimistic development would be STX trending downwards, particularly closing beneath the demand level at $0.52. Such a movement would signify a bearish turn, as STX would re-enter the ascending pattern, potentially breaking through the supportive base of the ascent and closing lower. 💎 This outcome would be detrimental for STX, possibly triggering a continued descent towards a robust support zone, thereby indicating a shift in trend to bearish territory.
by MyCryptoParadise
2
STX: Approaching ResistanceTrade setup : Following a bullish breakout from Descending Triangle pattern, price rallied 30% and reached our target of 200-Day moving average ($0.61). It is getting overbought (RSI > 70), so near-term, we could see some profit taking, which could be a swing entry opportunity. Stacks (STX) is a platform for scaling and building on top of Bitcoin. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.43, then $0.30. The nearest Resistance Zone is $1.05, then $1.30.
Long
by altFINS