Stxusdtidea
STX Potentially BullishNASDAQ:STX is still attempting to reclaim the bullish momentum and so far, the 1.760 zone (Previous Resistance now turned support) seems to be holding. A further bullish push just might lead the start of another bullish push.
This does not completely rule out the possibility of another dip in the market. As long as the now found support holds, the bulls will take the lead otherwise, the bears will dominate. I will keep an eye on this closely. Expect updates on #STX as market reveals itself more.
STX Potentially BullishWe have seen over time how the crypto market has created some lows. Are we going to be seeing some bullish push ahead of the crypto convention next month? On the TA side, market is looking like it is ready to make another push upward, however I will want to see some bullish move to confirm that the retest is completed on the H4 TF.
Until then, fingers crossed.
Long term, I'm going long
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 Holders! FOLLOW ME~!Hello, guys!
This is ESS team.
We've got STXUSDT analysis.
If Candles are supported by the bottom GREEN uptrend line and make an upward move, We expect candle break through the RED long-term downtrend line.
After the break, It expect to make a parrallel channel with GREEN lines, and rise up.
NTX/USDT Favorable Entry Opportunity at Key Support & TrendlineKey Support and Trendline Confluence:
NTX/USDT currently finds itself situated at a critical support juncture, coinciding with the 4-hour trendline. This confluence underscores a pivotal area for potential market reversal or continuation.
Bullish Confirmation Entry
Traders eyeing long positions may consider entering upon bullish confirmation at the retest of this support zone. A prudent entry point lies near 2.9500, strategically positioned to capture potential upward momentum while managing risk effectively.
Risk Management Parameters
To safeguard against adverse price movements, it is advisable to implement a stop loss order in close proximity to the entry point. A stop loss set around 2.4360 serves to mitigate downside risk while allowing ample room for market fluctuations.
Profit Targets
Profit-taking levels should be established to capitalize on upward price potential. The first profit target (TP-1) is set at 3.4845, representing a significant area of resistance where partial positions may be exited. For those aiming for further gains, TP-2 is identified at 3.9390, reflecting a higher resistance zone.
Conclusion
In conclusion, NTX/USDT exhibits favorable conditions for a potential bullish reversal, with the confluence of key support and trendline providing a compelling entry opportunity. Diligent adherence to risk management principles and profit-taking strategies is paramount to successful trading execution.
STXUSDT Where Next?BINANCE:STXUSDT did some amazing moves but from my stand point, it has come to a weekly zone which is close to an all time high, I expect some consolidation within the range of 2.8490 and 2.4493 areas.
A break above the 2.8490 will trigger a continued push upward while a close below the 2.4493 just might trigger a push down-ward. Either way, I will lock in some profit while waiting for the next move.
Updates to follow...
Do your due diligence
$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 almost 200% upside?COINBASE:STXUSD is one of my favorite looking charts for upside potential. STX, $ SYN $ XRP and $MASK are all charts that I've been looking at that haven't run yet.
Therefore, I think they'll be the next set of coins to run after BTC pulls back.
If we look at the chart, you can see STX has broken out of a massive bull pennant and now has formed a bull flag. As long as STX stays within the flag structure, then I lean towards one more move down to test the lows at $.58-$.59 before breaking upwards.
If this were to play out like this, then you can expect between 180%-200% gains from an entry at support. If it breaks upwards sooner than that, then I still expect the targets to remain, you'll just see smaller gains.
Let's keep an eye on this for the next week to see if we can nail and entry and exit.
STXUSDT Signals Potential Bullish Breakout with Falling Wedge 💎 STXUSDT pair has formed a falling wedge pattern on the 4-hour timeframe, indicating a potential bullish reversal.
💎 As the trading volume gradually decline. This signifies reduced selling pressure and accumulation by buyers. An increase in volume during the breakout can further confirm the bullish outlook.
💎 If the breakout occurs above the upper trendline of the falling wedge, it could lead to a potential upward price movement.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Stx Breaking Falling Wedge Stxusdt
Based on my analysis of the Stx chart in the 4-hour timeframe, I have identified a bullish chart pattern known as a "Falling Wedge". This pattern is characterized by a series of lower highs and lower lows that converge into a point, forming a wedge-like shape that slopes downwards. The pattern is usually followed by a breakout to the upside, which could potentially lead to a significant price move.
Currently, Stx is trading within the Falling Wedge pattern, and it appears to be approaching a key resistance level that could trigger a bullish breakout. If the price manages to break above this resistance level and close above it, it would be a strong indication that the bulls have taken control of the market.
Assuming that the breakout is successful, I would expect the price of Stx to move towards the HKEX:1 level, which is a significant psychological resistance level. This level has not been tested since 2018, and if the price manages to break above it, it could trigger a new wave of buying that could potentially push the price even higher.
However, it's important to note that trading is always subject to market volatility and unexpected price movements, so there is always a risk involved in any trade. Therefore, it's crucial to set stop-loss orders to minimize potential losses and to have a solid risk management strategy in place. Additionally, it's essential to keep an eye on any news or events that could affect the price of Stx, such as new partnerships or regulatory changes.
Stx | Breaking Out Falling Wedge Stxusdt
Breaking Out Falling Wedge Pattern in 4H Timeframe
In the event of a successful breakout and retest, we anticipate a 30-50% bullish move.Once confirmed, we will wait for a retest of the breakout level to establish support before entering a long position. Our target for this trade will be set at a 30-50% move to the upside. Risk management measures will be put in place to mitigate any potential losses.
Please keep in mind that our ideas are based on our experience and knowledge, and may not be completely accurate as the market is always unpredictable and anything can happen at any time. It is essential to conduct your own research and use your own knowledge when trading. If you are happy with our work, join us
STXUSDT | BREAKING OUTSTXUSDT has given a breakout from the falling resistance trendline. We are expecting a retest to the level again and more confirmed once the horizontal level is taken out.
One can build a position with mentioned stop loss level and ride the upcoming bullish trend.
Trade your levels accordingly.