STXUSDT
$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
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?
📈💹 STX Market Update 🌐💰📈 Strength in Performance:
Unlike other altcoins that experienced corrections, STX has shown remarkable resilience.
Quick recovery from the recent dip indicates a potential strong performance in the coming days.
🚀 Buyer Dominance:
Despite heading into a resistance area, buyers seem to be in control.
Brief Analysis——STXThe window for BTC ETF will arrive this week. Judging from the current review progress, we believe that the BTC ETF has a high probability of approval. With the influx of funds, the crypto market is likely to continue its bullish trend. The BTC ecosystem will also gain market attention again. So today we chose STX, Layer 2 of the BTC ecosystem. Compared with ORDI, which has more meme attributes, STX may be more favored by investors.
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.
The rise of STX this year is basically in sync with the popularity of the BTC ecosystem. Although there is no increase as much as ORDI, STX's rise is more sustainable than other tokens. Currently, STX is in the process of high fluctuations. Judging from the ME indicator, STX undoubtedly maintains the bullish trend, and the purple wavy area is expanding. But on the WTA indicator, the rise of STX in early January was not supported by whales. Especially in the past two days, although the price has risen with fluctuation, the length of the columns on the WTA has shrunk. A correction may occur in the short term.
Switch to 4h level. As stated on the daily level, STX has had significantly fewer whales during its recent move than it did previously. And there is opposition among the whales. After the two red candles, the whale brought a long green candle and broke out of the previous high. Judging from the current situation, bulls are leading, and if new whales can be further attracted to arrive, then the second round of rise may come.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
$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!
STX SEEMS NOT FAR FROM THE BREAKThank you for reading this update.
Depending on our study we see that UMA has a good chance of volume increase.
STX seems on an important level with the chance to break in the coming time frames.
Big question if STX is going to see the next break to $2,98 and up?
#Nottradingadvice
#For Day traders take always profits when the market increase
#Expect nothing from the markets, but follow what it shows.
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.
0KN / 0 KNOWLEDGE NETWORK / Road to $1+0KN is massively undervalued
Overall Structure is still maintained after a 3% Token unlock
Cant deny the parabolic HTF Setup here as well
Only 73% of the supply is circulating
M.C Around 15M currently
0kn is building the first Layer 0 Mixnet
Mixnet Technology can scrub meta data and make DApps & Blockchains Truly Private from the ground up.
Team - Team Consist of Members that were from Mina Protocol & NYM (Both in which hit Multi B m.c last cycle) - There's connections with Monero Team in helping with hardware
0kn is Also releasing out its own hardware that will act as a Swiss army knife for privacy for users.
Hans - Part of 0kn & previously part of NYM won a grant to build the hardware - even winning the grant over the Tor Foundation
0kn Recently announced an insane partnership with KatzenPost Network & New Team Member David Stainton as 0KN Lead Mix-Net Engineer who's currently the best in this entire field along with Katzenpost which open-source mix network offering traffic analysis to use post-quantum hybrid cryptographic protocols
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0kn Partnering with Cryptolink to help their multichain / Multibridge dex be fully private
0kn Also partnered with CWD Systems - CYBER WARFARE DEFENSE SYSTEMS to buld the 0KN hardware NODE & Operating System in which clients compose of Banks /
Sensitive organizations, journalists or enterprises looking for total anonymity on the internet
- Wireless carriers, media companies or organizations that require fool proof anti-man-in-the-middle attack operation and 99.99% appliance uptime
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Tokenomics & Updated Docs are set to release by end of this Month
0kn will be highly used & deflationary along with 100% rev share with holders
0kn Team has many partnerships underway along with Mixnet usecase for entire chains
This is still only scratching the surface of this project.
My own Thesis is based on use case from already established connections, Large Portions of 0kn Supply will be needed for these Chains & DApps to operate fully in which Token Price from token needs & lack of supply will create a supply shock soaring price.
This team already has the clients in place & the chain effect from this will lead to a heavy expansion in price
Among the Mixnet usecase for App layers to build Privacy DApps / swaps / dexs / wallets / marketplaces etc
0kn can truly make Monero for EX 100% private
As for Users - Nodes can provide residual income along with staked 0KN Servers & earning for running along with fully securing all internet activity while at home or portable on the go...
0KN is setting the stage & has been working in silence for 2023, They're kicking off strong for 2024 in which their own plans is to hit the ground running
$1 is in sight for this Sleeping Giant
Flood Gates are about to open for this project imo
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STX will be flying soonWe have bullish structures on the chart and candles react well to demand. It is expected that if the candles reach the green box, we will see a good reaction.
I specified the target. This analysis will be violated if a daily candle closes below the demand range.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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. 🌴💰
STX/USDT Break out the Bullish pattern. Continue Bullish ??💎 STX is currently a significant focus in the trading community. In a similar vein to MINA, it's breaking out of a Bullish FLAG pattern and is entering a retesting phase at the resistance trendline.
💎 If STX successfully retests, characterized by a bounce off the resistance trendline, it could signal a continuation of its upward trajectory, probability aiming for a strong supply area in our target zone.
💎 However, if STX fails to rebound from the resistance trendline of the Bullish flag and instead consolidates around this level, it could be a troubling indicator. Such a scenario might lead to STX breaking down below the trendline. A breakdown like this would confirm a false breakout, potentially setting STX on a path back to a lower demand level around $0.592.
STX ANALYSIS🔮 #STX Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #STX. We are just waiting for a perfect breakout. If #STX breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $1.1628
⏳️ Target Price: $2.3400
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #STX. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#STX #Cryptocurrency #DYOR
STX 15mins Bearish OBSTX created beaeish OB above and ready to induced retail into shorting from the first OB but it will be a good idea to let the liquidity be grab towards the OB above the inefficiency......... Wait for entry and take a short from there
Follow for more market update and trade setup
STXUSDTFrom the data shown on the chart, there is wave 1 and wave 2. They have been completed and now it is preparing to launch into wave 3, which is to break the peak and retest it again, and all the data is shown on the chart.
Note: The analysis fails if the price closes below the bottom of wave two, area 0.4156