Stacks is incredibly overbought on the 1D technical outlook (RSI = 84.093, MACD = 0.150, ADX = 38.340) as the January 22nd 1W rebound is now on the second very aggressive 1D candle. This has completed a +535% growth range from the last HL contact, the exact same rise with the March 20th 2023 HH. We are shorting on this technical sell signal, aiming at the S1 level...
NASDAQ:STX stacks price action is currently forming a broadening wedge (A head and shoulders pattern can be spotted in this wedge! CurrenT price: $1.54 Expect #stx price action to test previous resistances at: 1.6, 1.8, 2.0 then 2.2, 2.3, 2.5 Else Stacks will retest previous supports (which will make for buy the dip opportunities) at 1.4, 1.2
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 1.6435 and 1.4450 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
Stacks 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 long term VWAP over-bought line. Look for the price of STXBTC to...
At present, the price is positioned within the range delineated by the resistance box. Should positive and ascending patterns emerge in this region, it is anticipated that the price trend of STX will shift into an upward trajectory. Conversely, if the price breaches and falls below the base of the box, it is projected to descend further, potentially reaching the...
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
STX is a very important coin for Bitcoin. STX is a Bitcoin Layer for smart contracts. Why do I think you should buy this coin? We have to take a look at the price action first. We see that we have multiple similar swings high at around 1.75, which is a very bullish sign. From the Elliott Wave perspective, we see that we have a strong combo of (1)(2)(1)(2). The...
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...
This is a direct update to our initial long signal on Stacks (see chart at the bottom), which is so far going according to plan. It just turned overbought on the 1D timeframe (RSI = 72.109) but it is the 1W that is of more concern, which is extremely overbought (RSI = 87.916, MACD = 0.253, ADX = 61.042) and this is why we are doing today's analysis on the 1W...
📈 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.
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 1.7499 and 1.5043 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?
🤖🚀 STX: The Bitcoin Multiplier Unleashed! 💹🌟 Hello, traders and crypto enthusiasts! Today, we're diving into the dynamic world of STX (Stacks), a project I've termed the "Bitcoin multiplier." Let's explore why STX is creating waves in the crypto universe: 🌊 Riding the Bitcoin Wave: STX, since early 2021, has been enhancing Bitcoin's utility. Key highlight:...
The 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,...
LONG term hold idea Very nice higher low... currently at an area of resistance ( order block ) 2 entry ideas ( 1 for breakout and 1 for pullback support bounce ) Year 2024 Plans for Stacks: Implement Nakamoto upgrade for enhanced speed and security in layer 2 solutions. Integrate ALEX's off-chain STX20 trading technology. Objective: Revitalize the Bitcoin L2...
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!
Thank 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...
Stacks NASDAQ:STX is exhibiting relative bullish strength after reclaiming the resistance block (seen in red) as support. Similar to 2020, currently it is completing two bullish reversal patterns of the trend such as a: (1) double bottom at 0.23-0.19c and (2) rounding bottom. Once NASDAQ:STX rallies towards the top resistance block of the rounding bottom at...