STMXUSDT(StormX) Daily tf Range Updated till 06-07-24STMXUSDT(StormX) Daily timeframe range. its defending 0.004224 for a while now. its actually optimal to stay above this line, below this is lower range with baggage zone. many things had its dump the range levels are big so it got space to move around.
Stmxusdt
STMXUSDT.1DAnalyzing the daily chart of STMX/USDT, it's clear that the market has experienced significant volatility over the past year. The price has repeatedly tested resistance and support levels, indicating a battle between buyers and sellers.
Technical Analysis Observations:
Support and Resistance Levels (S1 and R1):
The support level at $0.00317 is crucial as it marks the low from the recent downtrend. If this level holds, it may serve as a springboard for a potential reversal.
The immediate resistance at $0.006591 poses a challenge for any upward movement. Breaking and sustaining above this level could signal a stronger recovery in price.
Trend Indicators:
The downward trend arrow indicates a prevailing bearish sentiment. However, the green arrow pointing upwards suggests a possible reversal if the market can sustain positive momentum.
RSI (Relative Strength Index):
The RSI is currently near the 30-40 range, indicating that the market is nearing oversold conditions. This could attract buyers looking for value, potentially aiding in a price reversal.
MACD (Moving Average Convergence Divergence):
The MACD histogram shows a decrease in bearish momentum, which could be a precursor to a bullish crossover in the MACD lines. This would further support the case for a potential bullish reversal.
Conclusion:
The STMX/USDT pair is at a critical juncture. The proximity to key support levels, combined with indicators suggesting a slowdown in bearish momentum, presents a potential for reversal. However, the resistance level at $0.006591 will be pivotal. A break and hold above this level could confirm a bullish trend reversal, while failure to overcome it might see the price retesting or breaking below support. As always, it's prudent to monitor the market for any changes in volume and price action that could affect this outlook. Investors should also consider macroeconomic factors and market sentiment, which play significant roles in cryptocurrency dynamics.
#STMX/USDT#STMX
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.004200
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.004900
The first target is 0.005600
The second goal is 0.006068
The third goal is 0.006613
STMX longBear trap atm. Let the bull market begin start dca stmx. Targets on the chart. What do you guys think?
#STMX/USDT#STMX
The price is moving in a bearish channel on a 1-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.007700
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 0.008041
The first target is 0.008430
The second goal is 0.008900
The third goal is 0.009400
#STMX/USDT#STMX
It is moving in a bearish flag on a 3-day frame, and the price committed to the green support area at the level of 0.00650.
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
We must take it into consideration
Entry price is 0.010078
The first target is 0.01097
The second goal is 0.012297
The third goal is 0.01400
STMX ANALYSIS🔮 #STMX Analysis
📊📊 #STMX was making perfect rounding bottom pattern and also breakout the neckline in weekly time frame, indicating a potential bullish move. If #STMX trade above the neckline then we will get a bullish move📈📈
🔖 Current Price: $0.01245
⏳ Target Price: $0.01820
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#STMX #Cryptocurrency #Pump #Breakout #DYOR
#STMX/USDT#STMX/USDT
We have a period of perfect head and shoulders formation.
We are now at the formation of the right side of Pattern.
The decline is expected to be completed
The first target is 0.008404
The second goal is 0.007060
The third goal.006620
STMX ANALYSIS (1D)stmx seems to be inside a bow tie diametric. The price now seems to be in a bearish indiametric wave G.
By maintaining the green range, the price can go up.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STMXUSDT Soars by 143.58%, Reaching $0.013073! 🚀All Targets: done✅
Entry price: 0.005367$✅
Price reached :0.013073$ ✅
Profit: 143.58% ✅🚀🚀🤑
In a remarkable ascent, the cryptocurrency STMXUSDT has surged by an impressive 143.58%, reaching a notable price of $0.013073. This significant uptrend has caught the attention of traders, highlighting the potential for substantial gains. Stay tuned for further insights as STMXUSDT continues its upward momentum in the dynamic digital currency market. #STMXUSDT #CryptoSurge 📈
#STMXIn one hour time, it is moving in a short-term upward trend, which can continue its ascent up to the specified areas by maintaining the green area. In addition, the first target should be closed above it with a shadow candlestick or a candlestick to ensure the continuation of the path to the important upper supply area.
Long trade setup for STMXUSDTFor the BINANCE:STMXUSDT.P Long Trade Setup, the following values are suitable for our interval trade:
Entry: 0.00667
Target: 0.000725
Stop: 0.00623
Cost Reduction: -
The profit is reasonable relative to the risk.
*This is not investment advice; you can lose money. Crypto AI Signals is not responsible for any trades. 🚫💰
STMX fakeout from symmetric triangle STMX created symmetrical triangle on 4hrs TF and currently broke out with low volume and mitigating bearish OB…. My view is to dump from the 4hrs bearish OB to the 4hrs demand zone….
Keep eyes on it
Good to short from here
Follow for more market update
STMX Symmentric triangleSTMX Created symmentric triangle on 4hrs TF... Wait for break of either of the side before taking action on it....
Follow for more market update
STMXUSDTSTMXUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.0080.
STMX SHORT SETUP (1H TF)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol.
It looks like a falling triangle is formed. It can drop to the green box in the first step.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STMX/USDT 4-hour short trade opportunityBINANCE:STMXUSDT
STMX/USDT 4-hour short trade opportunity
The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours.
Overall, this is a Bearish setup for STMX/USDT, and a Short position could be considered.
Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
stmx showing signs of strength after long downtrend finally stmx showing signs of strength expecting decent recovery in coming weeks
descending channel breakout has already confirmed in weekly tf rsi printed massive bullish divergence
now i am expecting retest and incase of successful retest expecting massive bullish rally in midterm expecting 400%+ Bullish wave
STMX StormX LONG Opportunity Sep 25Signal: Red -> Green
Context: Green
Bottom Structure is developping
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities
Triangle Pattern, Big Move is comingChart 4H TF
BINANCE:STMXUSDT is in triangle pattern and it's moving up to resistance 0.0072x
STMX also has support by lower trend line
Need to wait a breakout and retest to confirm for this pattern
1Hour Long Private screen proofBINANCE:STMXUSDT.P
i told u before for a big short...i did a long Screen ..but its private and idk why so i will show my predict for this LONG.
