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...
STX ~ 2D #STX Best strategy for COINBASE:STXUSD , Buy on breaking out of this descending pattern, or buy in the demand zone.
STX 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
From 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...
Yello Paradisers! Are you ready to catch the next potential move in #STXUSDT? Let's dive into the latest analysis to see where the market might be heading. 💎#STXUSDT has been in a downtrend for several days, consistently forming lower lows and lower highs. However, we've recently observed a trend shift with the market breaking toward the upside and a new high...
Stacks could be forming a bull flag. a technical chart pattern that indicates a potential continuation of an uptrend. Bulls managed to bounce off the ~$1.25 zone, previously respected by both buyers and sellers. Now in a tight spot, facing diagonal resistance, potentially being a key zone to break out of a bull flag. When prices a tightly compressed, a breakout...
STX ~ 1D #STX Make purchases gradually in this pattern. it is only a matter of time until this pattern is successfully broken and the bulls will dominate again.
#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...
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.
Stacks (STXUSD) has been trading within a long-term Channel Up pattern since the December 30 2022 Low and is currently on the 2nd Bearish Leg of this pattern. Being below the 1D MA50 (blue trend-line), it is approaching the Channel's bottom. The previous Bearish Leg formed the Higher Low sideways, so it is possible to replicate this structure and confirmed the...
STX'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...
We 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...
Trade setup : Price is in a downtrend, trading below its 200-day moving average. It's also broke below $2.00 support and made a Lower Low, which is also a sign of a downtrend. Price needs to break back above those key levels to resume it's uptrend. Stacks (STX) is a platform for scaling and building on top of Bitcoin. Read our research report. Pattern : Price is...
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The trend is bullish in the current timeframe, but overall it is ranging. There is an ascending channel where STX is fluctuating, showing good volatility. The scenario involves moving towards the top of the channel, and we can aim for this movement with strong confirmations.
The STX/USDT daily chart presents a comprehensive look at the current market dynamics, indicating significant levels of support and resistance, as well as a falling wedge that has been broken out and in play since April. After breakout from the falling wedge the price pumped 25% and rejected from a blue zone at $2.441 multiple times, after a pullback price now...
#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...
From 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...