STXUSDT trade ideas
STXUSDT Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has hit the support line for the third time and is currently fluctuating above that and can start moving up again.
You can enter the trade after the price breaks the resistance line and stabilizes above it to achieve the above targets.
But if the support line is broken and the price stabilizes below it, we can see more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
STACKS, follow the narrative...and the adoptionHi everyone,
this is my idea on STX. With Bitcoin Taproot upgrade succesfully being activated, the narrative and use cases of smart contracts on the Bitcoin blockchain is and IMHO will be strong and consistent throughout the not-so-distant future. Entire cities will use this kind of soulutions, therefore bringing strong demand and adoption.
If STX holds the support area around 2.161, I think there are huge gains ahead, my target being 3.6$+.
As always, happy trading!
Open LONG position STX target $4-6-8Know Sure Thing - KTS
Know Sure Thing , or KST , is a momentum oscillator developed by Martin Pring to make rate-of-change readings easier for traders to interpret. In a 1992 Stocks and Commodities article, Mr. Pring referred to the indicator as "Summed Rate of Change ( KST )," but the KST term stuck with technical analysts. The indicator is relatively common among technical analysts preferring momentum oscillators to make decisions.
KST : Above point 0 means long position (positive zone), below point 0 (negative zone) means short position.
I liked this indicator more than RSI because we can evaluate the breaking points of the channels we draw on the indicator according to the regions.
Plus area (positive area), breaking the channel upwards may indicate a very strong rise, and minus area (negative area) the channel downwards may indicate a very strong fall.
How is STX(Strax) looking?Hello everyone!
There is a huge cup formation on STX, if I would like to buy, wait for 0.618 levels again or minor falling trend(orange) to be broken. Cup and handle's technical target is 4.89.
If you want some coin to be analyzed by me, please write in the comments.
Have a nice day!
🆓Stacks (STX) Nov-10 #STX $STXThe buying power is continuing to push on STX at the $2.2 zone and it can increase strongly to the $2.6 and $3.6 zones in the near future. But if it loses the $2.2 zone, it will fall back to the $1.9 or even $1.6 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 2.2$ zone
🔴Buy : 2.2
🔴Sell : 2.6 - 3.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 2.2$ zone
🔵Sell : 2.2
🔵Buy : 1.9 - 1.6
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
STX - Future Projection SeriesIf you've read any "Future Projection" posts you can skip down to the conclusion as I say the same thing till then.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $1.81
First Projection $12.05
12.05 / 1.81 = 6.6 X
Second Projection $30.25
30.25 / 1.81 = 16.7 X
Now for a regular old fellow such as myself, a 6 to 16 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near .55 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
STXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price goes up after hitting the support line and the price can form a twin floor and we can see a Gartley pattern.
If it can be stabilized above the resistance line, it can advance to our target, and we may have a correction after hitting the resistance line. We have to wait and see how the trend reacts with this resistance.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Bag your STACKS again!Stacks recently pumped as predicted in the idea below:
After hitting my target it's consolidating in another triangle and now it seems to be ready to break up also this new triangle 📐. If successful I think there is chance for run to 2.94 and even higher. STX , just do it again! ✔️
ENTRY : local high @ 2.24
SL : local low @ 2.04
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.94
RRR : 3.4
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.