Will STX Outperform Bitcoin?In the crypto market, if you want to beat the market, your benchmark is $CRYPTO:BTCUSD. That means to outperform the crypto market, you need to outperform Bitcoin.
One way to measure this is by watching crypto/BTC pairs, such as $BINANCE:STXBTC. If $BINANCE:STXBTCgoes up, it means STX is stronger
Stacks/Bitcoin Bullish PotentialStacks/Bitcoin pair is at the lowest is has been since its last capitulation phase. It usually bounces from here and this low signals another bullish uptrend.
Looking at the demand zone at the bottom we can see there is a good opportunity to buy the lows from 0.000012 satoshis and HODL until mid to
Trading Signal for STXBTC PairDirection: Sell
Enter Price: 2.97E-05
Take Profit: 2.896E-05
Stop Loss: 3.11E-05
Analysis and Justification:
This trading call is generated using the EASY Quantum AI strategy, which uses sophisticated algorithms and multiple technical indicators to assess the market conditions.
Stacks | Basic Technical Analysis Predicts Bullish WaveFor the market to be bullish and to continue bullish, it must produce higher lows, so we expect Stacks to end its correction higher now than the low it hit in November 2023; makes sense?
➖ In January 2023 STXBTC produced a strong bullish wave. This up-move led to a correction and the correction can
STX Retesting support on price and RSIRecently STX broke its longterm resistance and now it will try to make it a support. With all the panic in the market it should come down to the old resistance area and should bounce from there. Same with RSI as we can see it has long-term support line and it is very close to it. Practically price s
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
STACKS looks likely to move down | Bitcoin STXBTCStacks STXBTC looks likely to pull back toward it's VWAP fair value as Bitcoin profit taking continues.
BINANCE:STXBTC
The daily candle for STXBTC has fallen below the short-term VWAP over-bought line and is bouncing off of the trendline as support. The trendline is also the same level as the
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.