$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 volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels:
— 0.57
— 1.06
— 2.85
— 5.96
— 8.16
— 13.17.
#stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks
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 volume, an explosive surge in the number of transactions on the network, and the oscillators, we can expect a swift development in the price towards the following resistance levels:
— 0.57
— 1.06
— 2.85
— 5.96
— 8.16
— 13.17.
#stxusdt #stxusd #BNS #DeFi #BitcoinNFTs #Stacks
تعليق:
On August 4th, I predicted significant developments for the 14th using a Fibonacci circle. My forecast was accurate, but the expected positive outcome didn't materialize. However, it seems that $0.57 is currently back in play. Bon appétit!
تعليق:
$0.81 next resistance.
تعليق:
STXUSD
has found support at the 0.236 Fibonacci level on the daily chart.
Upcoming targets:
- $0.81
- $1.01
- $1.26
STXUSD
has found support at the 0.236 Fibonacci level on the daily chart. Upcoming targets:
- $0.81
- $1.01
- $1.26
تعليق:
- $1.73 ✔️
- $1.26 ✔️
- $2.58 next.
- $1.73 ✔️
- $1.26 ✔️
- $2.58 next.
تعليق:
$1.73 --> $2.05 --> $2.58.
2024 is set to be a big year for
STX
, as we witness the growth of a
BTC
economy. Apps and smart contracts will be running on Bitcoin, marking a shift in the narrative that's been happening gradually and is now happening quickly. With Stacks' Nakamoto release and sBTC in Q1 2024, a true Bitcoin Economy will take off, unlocking $500 billion in #BTC capital.
Welcome to a fresh, decentralized #Internet, built on the most secure network out there
$1.73 --> $2.05 --> $2.58.
2024 is set to be a big year for
STX
, as we witness the growth of a
BTC
economy. Apps and smart contracts will be running on Bitcoin, marking a shift in the narrative that's been happening gradually and is now happening quickly. With Stacks' Nakamoto release and sBTC in Q1 2024, a true Bitcoin Economy will take off, unlocking $500 billion in #BTC capital. Welcome to a fresh, decentralized #Internet, built on the most secure network out there
تعليق:
تعليق:
STX
Cup and handle pattern identified on the 4-hour chart. Currently testing the 0.786 Fibonacci resistance level for the third time. It's on the verge of a potential breakout towards $2.05 and $2.54.
STX
Cup and handle pattern identified on the 4-hour chart. Currently testing the 0.786 Fibonacci resistance level for the third time. It's on the verge of a potential breakout towards $2.05 and $2.54.
تعليق:
تعليق:
تعليق:
Exciting update on my 'The Road to $66 for
Stacks" analysis: A pivotal moment is approaching as we near a Fibonacci circle. These circles are powerful tools for financial analysis, identifying support, resistance levels, and potential turning points. Mark your calendar for August 14th – expect insightful market developments over the next two weeks!