Diagonal Consolidation Range: STX shows a consolidation pattern in the 4-hour chart with diagonal boundary lines. Current Market Sentiment: A general bearish trend in the market, with Bitcoin and Ethereum showing declines. Resistance at $1.79: STX is currently facing resistance at the $1.79 level, a key point for potential breakout. Potential for a Bullish...
STX Price Lateral Shift: Currently, Stacks (STX) price shows a sideways movement, reflecting market indecision. Sustaining Above $1.50: Despite volatility, STX holds above the crucial $1.50 mark. Key Resistance at $1.75: STX faces significant resistance near $1.75, a pivotal barrier for further gains. Bullish Recovery Risk: The recent 15% gain since the year's...
Sharp Comeback: STX price stages a strong recovery, testing the rounding bottom pattern successfully. Recovery Rally: With a lightning-fast rally, STX rebounds above the $1 mark over the weekend. Potential Breakout at $1.18: STX price hints at a breakout past $1.18, eyeing a target of $1.54. Strong Start to the Week: STX opens the week with an impressive 8.98%...
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...
42% Surge in a Single Session: STX price experiences a remarkable 42% jump in one trading session. Breakout Rally to $1.20: A lightning-speed breakout rally leads STX to surpass $1 and reach $1.20. Potential to Reach $1.79: The STX price shows potential to climb to $1.79 before the end of 2023. Reclaiming the $1 Mark: As previously predicted, Stacks has...
Stacks is rising after forming a Golden Cross on the 1D timeframe and turning highly overbought (RSI = 81.130, MACD = 0.059, ADX = 31.757). This comes after a major bullish breakout yesterday as the price crossed over the LH trendline of the December 1st 2021 All Time High. This indicates that the token has officially entered its new Bull Cycle and the onyl...
Stacks (STXUSD) has closed above the 1W MA100 (red trend-line) for the first time since March 23 and even though it remains within an 8-month Channel Down, we expect to finally break it upwards as the 1D MACD formed the first Bullish Cross above the 0.00 level since since the start of the Channel Down itself. To make the bullish case stronger, this is coming off...
Double Bottom Reversal: STX showcases a double bottom reversal pattern in the daily chart, indicating an upward trend. Rounding Bottom Formation: A long-term rounding bottom pattern signifies a potential breakout, aiming for a surge to the $1.25 mark. Recovery Phase: STX ends a downtrend, breaking resistance levels, surpassing the 200-day EMA, and gaining over 81%...
COINBASE:STXUSD STX H&S, price action broke down below neckline and was rejected on the bearish retest. PA now seems to be caught between being rejected by neckline and supported by rising trendline. one of them will need to break one way or the other.
Stacks (STXUSD) broke above the 1D MA200 (orange trend-line) for the first time since July 20. Our target last time (see chart below) on September 19 was 0.65000, which is the 0.618 Fibonacci level: The price is now on important crossroads. If the 1D candle closes above the 0.618, we will buy again and target the previous High at 0.89000. On the first closing...
Stacks (STXUSD) has been trading within a Channel Down pattern since the March 20 High. Yesterday it made the first break-out attempt above the Internal Lower Highs, but closed back below it. At the same time it got rejected exactly on the 1D MA50 (blue trend-line). A similar Internal Lower Highs trend-line dictated the first part of the Channel Down and after...
Not financial advice Follow,Like and Comment. If you would like a personalized experience and insight please contact for a 1 on 1 assessment or a Ask Me anything. Charts are made on current market conditions. Currently looks like we are in an ABC correction on STX with the highlighted area is where we have area of interest. You can also see the trendline on...
Stacks (STXUSD) had a very strong 1D green candle yesterday and is about to hit the 1D MA50 (blue trend-line) for the first time since July 20. As the 1D MACD just completed a Bullish Cross yesterday, if the price closes a 1D candle above the 1D MA50, you can quick buy and target the 0.618 Fibonacci level. Further closing above it, would be a first, unlike the...
STXUSD / Stacks crossed yesterday over the 2.5 month Channel Down and today over the 1day MA50 for the first time since April 14th. This is second buy signal after the rebound 2 days ago on the 1day MA200. Buy and target Resistance A at 0.82000. If the price then closes a 1day candle above Resistance A and pulls back near the 1day MA50, buy again and target...
Stacks (STXUSD) had a Double Top rejection this week on its 1D MA50 (blue trend-line) and is approaching the bottom of the long-term Rising Wedge pattern. With the presence also of the 0.382 Fibonacci, this is the strongest buy signal since February 15. The 1D MA200 (orange trend-line) is right below it and the 1D RSI is close to the 30.00 oversold level. We are...
STX has a trend line breakout / retest after a double bottom @ the VPOC. Looking for STX to hold & climb from here. Stops below the DB.
COINBASE:STXUSD is looking pretty bullish. As you can see on the chart, price has been consolidating in a falling wedge, and it looks like it's about to break out. It could either go up here, or it could retest the $.75 region before heading higher. Either way, price looks like it wants higher. I entered a position at $.7375. My bias leans towards the $.99 -...
Just retested the top trendline of the top channel and its currently resistance….may be a chance for it to retest the bottom trendline of the top channel again to reaffirm support. If so, if I see it confirm support on a retest of the 50 cent area I will pick some up. *Not financial advice*