Long term analysis
STX has performed very well during the last bull run.
After a deep correction during the bear market, STX showed good signs of life (interest from market participants) from February 2023 with great price surge alongside increased volumes.
Every past golden crosses (MA crossing, see orange circles) developed into a significant upward movement...
Expecting Stacks to keep pushing towards 2$
Only SEC approved coin that allows building with Bitcoin blockchain security. Proof of stake mechanism is also getting traction which pays out in BTC.
Let's go!
💎 Paradisers, direct your attention to #STXUSDT as it showcases a compelling pattern. Currently trading within a consistent range, the asset exhibits a high probability of a bullish breakout.
💎 In the past, #STACKS has demonstrated a trend of following a descending trendline, breaking above it to initiate an upward movement. It has been faithfully adhering to a...
💎 STX is currently a significant focus in the trading community. In a similar vein to MINA, it's breaking out of a Bullish FLAG pattern and is entering a retesting phase at the resistance trendline.
💎 If STX successfully retests, characterized by a bounce off the resistance trendline, it could signal a continuation of its upward trajectory, probability aiming for...
Stacks (STX) is one of the newest coins which I started to follow and invest in. I like it because you can stake it and earn Bitcoin (BTC). This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 2,3 and 4. Small portion will be sold on Target...
I found a lot of KOLs shilling this coin STX
On 3D view, it's very nice triangle. Eyes on breakout, we need more volume. That's why a lot of shill LOL.
From my side, I will buy some spot. It can retest its main support at 0.44 - 0.47 and then explore to the moon!!!
Moon it! Enjoy.
Follow me for more chart analysis.
Patience is the key to success
DYOR
#STX/USDT breaks the Diagonal Trendline in 4-Hour TF!
Wait for successful retest in LTF to open a long position. NASDAQ:STX needs to clear PWH $0.6855 to gain the bullish momentum.
The local support level is PDL $0.6530.
Stacks is sitting in the healthiest re-accumulation range there is for 9 months now. Everyone that is in for so long is a believer. Ones we break out above a dollar, we aint stopping. We will slice trough the high like a knife trough butter.
People that dont see the need for STACKS have never used BTC to speculate in ordinals. If you actually used the BTC chain...
From the data shown on the chart, there is wave 1 and wave 2. They have been completed and now it is preparing to launch into wave 3, which is to break the peak and retest it again, and all the data is shown on the chart.
Note: The analysis fails if the price closes below the bottom of wave two, area 0.4156
STX, the cryptocurrency on the Stacks blockchain, is generating considerable excitement as it gears up for a potential surge to new highs.
With its unique focus on smart contracts anchored to the security of the Bitcoin network, STX has positioned itself as a compelling player in the crypto space.
As the project continues to develop and gain traction, there is...
One of the few coins on my watch list not to 'pumps so it probably will soon..
Probably for the next weekly candle
Btc fundamental coin offering decent yield last bull market if I recall correctly..
$STXUSD has now beautifully broken out of the triangle after an impressive textbook correction at the 0.618 Fibonacci retracement.
This type of correction is a typical feature of wave 2 in an Elliot wave count, which indicates that $STXUSDT is now ready to embark on its third impulsive wave, often referred to as the most explosive one.
Considering the increasing...
There are 3 touches on the resistance level + good volumes, I expect the landing of longists through the breakdown of the slope, then the opposite movement towards the root and its breakdown.
This is a very bold prediction:
My prediction is that STXUSDT will reach the line of 0.8242 which showed multiple reactions in the past since February as shown in the screenshot above. The price is expected to reach its target by end of November.
It will make a V-shape like so.
If we take a look at the 2H chart to be more precise,
I expect the price to...
#STX/USDT is holding the Diagonal Trendline as a support in 1-Hour TF!
NASDAQ:STX needs to reclaim PWH $0.669 to turn bullish. Wait for $0.6485 breakdown to short it.
