Hello, guys!
This is ESS team.
We've got STXUSDT analysis.
If Candles are supported by the bottom GREEN uptrend line and make an upward move, We expect candle break through the RED long-term downtrend line.
After the break, It expect to make a parrallel channel with GREEN lines, and rise up.
🔍In today's ever-evolving crypto landscape, marked by its characteristic volatility, it's imperative to conduct a thorough examination of potential trading opportunities. Focusing our attention on STX, a project with substantial potential within the realm of Bitcoin's second-layer solutions, we embark on a detailed analysis aimed at identifying strategic entry...
📊 Current Status:
STX is holding at a significant support level.
📉 Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
🎯 Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
📣 Stay attentive...
Hi
Stacks is in an overall uptrend, moving within an ascending channel💁♂️
After testing the upper boundary of the ascending channel, the price pulled back🫠
After breaking down below the MA 50, expect a potential move towards the lower boundary of the channel🔻
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank...
Although overall market is in corrective phase. It seems STX is close to its support area on long-term timeframe. It should bounce from here. If it breaks then you should be concerned as it can be a deep correction.
STX is in an overall uptrend. Prices have moved within an ascending channel, forming higher lows and higher highs.
After breaking through a resistance marked in orange and performing a pullback, the price has reached the channel's upper boundary. Currently, with the formation of bearish candles, the price is reacting to the resistance at the top of the channel and...
Test your analytical skills in the tradingview simulator with virtual money to become a professional. In spot trading, I will specify the entry points, loss limit and profit limit for you! The conditions for entering the trade and our strategy are as follows, when you notice that the market trend is increasing and at least two green candles close above the entry...
STX is in a up trend , so now are at the bottem of this trend, as every coin depends on btc move, u as a trader have to look at the btc price and it's movement too, I Think STX would be good longterm trade with a max of 5x leverage.
So let's seeeeeeeeeee!, follow me for more, we are here to help each other.
Hello, My Friends.
I have a trade signal for BINANCE:STXUSDT which you might find useful.
A quick tip: once you reach TP 1 (You can Sell 25% or 50% of your Position at TP 1) , move the stoploss to the entry point/breakeven point.
------------------------------------------------------------------------------------------
If you want to stay ahead in the...
Key Support and Trendline Confluence:
NTX/USDT currently finds itself situated at a critical support juncture, coinciding with the 4-hour trendline. This confluence underscores a pivotal area for potential market reversal or continuation.
Bullish Confirmation Entry
Traders eyeing long positions may consider entering upon bullish confirmation at the retest of...
STX is the main BTC layer 2 and is thus like a leverage trade on Bitcoin without the risk of getting liquidated, as you aren't actually trading into leverage.
My first target is around 4.5$, with the second target at 6.2$
Both targets are short term, they might be coming in the next 5 to 8 weeks
What Bitcoin does from now on, STACKS should do x3-x20 💳
Pyth Network announced its integration with Stacks, providing developers with low-latency oracles, according to an August 23 announcement.
Pyth Network, renowned for its finance-based pull oracle design, allows users to pull price data updates on-demand for a better optimized blockchain environment....
Month Chart
Easily to see STX, the layer 2 of Bitcoin Blockchain which has been downing to test the ATH of 2021 around $3
Week Chart
I found the Fair Value Gap around $2.1 and I expect BINANCE:STXUSDT can hit this range before turn back to bullish trend.
Day Chart
Double Top happened and now STX is pullback to lower
Can trade at lower timeframes
A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line.
🔄 Let's dive into analyzing this cryptocurrency for trading in futures and even spot purchases together.
📈 Currently, in all time frames, our uptrend continues, with prices rising and reaching a new all-time high (ATH) .
🔓 In the 4-hour time frame, after an upward trend and entering a consolidation box, we managed to break the box's ceiling with resistance at...
