#STX/USDT / Ready to go up#STX
The price is moving in a descending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.46
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.78
First target 2.00
Second target 2.23
Third target 2.50
STXBTC
Stacks | STX The price of Stacks is $0.79 today with a 24hour trading volume of 204 million dollar. This represents a 14% price increase in the last 24 hours and a 11% price increase in the past 7 days
Stacks is a crypto project on a mission to unlock the full potential of the Bitcoin network by bringing smart contracts and dApps to Bitcoin. It's designed as a Layer 1 solution that utilizes Bitcoin as its base layer. The Stacks token powers the performance of smart contracts, transaction processing, and registration of new cryptocurrencies.
as you can see the chart and candles still following the uptrend and are in green zone, the RSI are above average and volume goes up which shows bulls are in control
our today daily candle going to break 50 EMA line which is another bullish sign. bulls next targets are 0.83, 0.85 and 0.89. stop loss at 0.69 and 0.67 levels are necessary as well
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.
STXUSDT: Is a Breakout on the Horizon? Or Is the Trap Already ?Yello Paradisers! Are you ready for what could be the next major move in #STXUSDT? This coin has shown strong price action recently, but is it ready for a breakout, or are we looking at more consolidation? Let’s dive into the latest setup and what you need to watch closely before making your next move.
💎#STXUSDT has been trending within a descending resistance line on the higher time frames, a key structure that’s been dictating the price action. Previously, we witnessed a fakeout, where the pair briefly moved higher but ultimately returned to test a strong support zone multiple times. Right now, the price is holding just above that critical support level.
💎This level has been tested several times, and each tap has resulted in a slight upward move. The pair is sitting just above this key area, and it’s acting as a pivot point. A daily candle close below this level would invalidate the bullish thesis, signaling potential downside.
💎If the price breaks out from here, this is the first area to watch, a minor zone where sellers might step in is $1.715
💎Next Resistance at $1.851, With strong market sentiment, the pair could push up to this level, which has proven to be a tough barrier in the past.
💎Major Resistance at $1.987, This is the significant level where we could expect the bulls to face the most substantial pressure.
💎If the pair breaks out from the current support zone, we could see an upward move, possibly testing the resistance areas mentioned above. However, if market sentiment remains neutral or weak, we could see the price revisiting $1.321 support again, which is a key level to hold for the bulls.
💎The setup is compelling, but remember— patience and discipline are key. The thesis is only valid if the support at $1.321 holds. A breakout could lead to some exciting price action, but a close below this level might shift the dynamics entirely.
Stay focused and trade smart, Paradisers! The market rewards those who are prepared, and by waiting for confirmation, you’ll ensure you’re on the right side of the next big move.
Remember, this isn’t a free ride! As always, stick to your strategies, stay disciplined, and avoid emotional decisions. The next few months will be crucial for profitability.
MyCryptoParadise
iFeel the success🌴
STXUSDT: Previous Resistance Acting as Strong SupportSTX technical analysis update
STX's price is bouncing from its major support level, with the previous resistance now acting as strong support. Above this support zone, the price has formed a descending channel and is currently trading within it. The price is now moving toward the channel resistance, potentially setting up for a breakout.
Regards
Hexa
STX NEW UPDATEFrom the data we have on the chart, we can identify a larger pattern for STX.
It looks like a larger correction pattern like the diametric is forming. This correction has started from where we placed the red arrow on the chart.
The price has reached a SWAP resistance range.
The F wave can end around here after a while.
G wave can have two targets ahead.
I marked the best place for rebuy on the chart.
Closing a candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#STX/USDT#STX
The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 1.25
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, upon which the price is based higher at the discount
Entry price 1.36
The first target is 1.66
The second goal is 1.91
Third goal 2.20
STX is one of the best coins now...Why? Because it follows BTC so well.
If BTC pumps, STX will also perform well, saving and growing your portfolio. Additionally, it is a fundamentally solid project.
Targets are on the chart.
Invalidation: if the price stays below $1.30 and fails to reclaim it.
Long-term hold until May 2025.
STX ANALYSISSTX's bearish structure is well visible
We have liquidity pools at the bottom of the chart.
We have a supply range that we considered as a POI.
If the price reaches this supply, we will look for sell/short positions
We will also look for buy/long positions in the demand range.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
STX buy setupWe already caught good swings from STX.
Now we have determined the best demand range on the chart. We will look for buy/long positions in this range.
If the price reaches the green range, we will enter the position
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#STX/USDT#STX
The price is moving within a descending channel pattern on the 12-hour frame, which is a retracement pattern
We have a bounce from a green support area at 1.80
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum
Entry price 1.84
The first goal is 2.20
The second goal is 2.45
The third goal is 2.70
Opportunity to buy in STXFrom where we put the red arrow on the chart, STX correction has started.
According to STX correction, it is a symmetrical or double.
The green range is a good support.
By maintaining the green range, it can have an upward return towards the targets specified on the chart.
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
$STX Stacks after over 50% retracement... What Next?NASDAQ:STX STACKS has recently done over a 50% retracement from an all time high of about $3.8
Current Price: $2.2
Stacks current price action is currently trying to break out of its falling channel for higher prices
Up resistances: 2.4, 2.9, 3.3, 3.6 then possibly new price discovery at 4.0, 4.4, 4.7, 5.1
A failed breakout of channel will lead to retest of support at 1.8
STX: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge could signal resumption of uptrend, with +25% potential upside to $2.50 thereafter. Breakout was confirmed as price broke above $2.00 horizontal resistance and above 200-day moving average ($2.06). Stacks (STX) is a platform for scaling and building on top of Bitcoin. Read our research report.
Patterns : Falling Wedge Usually results in a bullish breakout . When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $2.00, then $1.30. Nearest Resistance Zone is $2.50, then $3.50.
Stacks / STX The price of Stacks is $0.76 today with a 24hour trading volume of 250 million dollars. This represents a 12% price increase in the last 24 hours and a 160% price increase in the past 14 days
Stacks is a layer1 blockchain solution that is designed to bring smart contracts and decentralized applications to Bitcoin. These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful, including its security and stability. Stacks was initially funded by a range of prominent venture capital funds, including Y Combinator, Digital Currency Group and Winklevoss Capital. It was developed by Blockstack PBC, which has its headquarters in New York.
Next Stacks upgrade is slated for March 20th, with the larger Nakamoto upgrade planned for later this year. Stacks 2.1 can enable more efficient Bitcoin yield via Stacking, make bridges to other networks more robust, simplify the ways developers can link and trigger interactions between Stacks and Bitcoin, and lay some helpful groundwork for Subnets which can bring additional speed and scalability to the network when launched.
if you are scalper be careful because as you can see those shadows are huge and STX whales are ruthless , 0.65 is good support and opportunity for buying the dip or long
STX next targets are 0.81, 0.85 and 0.89$
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.
#STX/USDT#STX
The price is moving in a triangle on the 12-hour frame and we have a green support area at the 2.50 level
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the triangle
The RSI indicator has a downtrend that is about to break higher
Entry price 2.78
The first target is 2.90
Second goal 3.11
Third goal 3.33
STX buy setupThe main structure and substructrue are bullish and we also have a liquidity pool above the chart which is expected to be swept soon.
By maintaining demand, we expect to move to TP.
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
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.
For more solid & low risk investment ideas, make sure you follow me.
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/USD - Targets at $6 and $9!STX is approaching ATH levels, but this can go higher.
Every time BTC pumps, STX pumps twice as much.
BTC Layer-2 solutions will thrive in this market and STX proves it.
Watch the $3.2 level, if that falls, expect new highs with $6 to $9 as a key range for this rally.
Good to take profits around there in my opinion.
Follow for more TA and check out my website deep-dives into the market.
Enjoy!