On the 4-hour chart, ASX:STO ’s Stochastic Oscillator is above 80, indicating overbought conditions near $0.10. Price is struggling at resistance, with volume declining. A pullback to $0.08 support seems likely if momentum fades. Short traders could target $0.07 with a stop above $0.10.
ASX:STO ’s 50-day MA has crossed above the 200-day MA on the daily chart, forming a golden cross. Price is testing $0.09 resistance, backed by rising volume. RSI at 60 suggests bullish momentum has room to grow. A close above $0.09 could push toward $0.12. Set stops below $0.08 for longs.
The hourly ASX:STO chart shows a bearish RSI divergence as price hits $0.10. While price climbs, RSI is declining from 70, hinting at fading momentum. Support lies at $0.08, with resistance at $0.10. A break below $0.09 could signal a short-term pullback to $0.07. Volume is key—watch for confirmation. StakeStone(STO) has ben launched on Gate.io Launchpool. Users can stake BTC/GT/STO to earn 750,000 STO airdrop for free, with rewards distributed every hour. Airdrop Details Staking Period: April 4, 2025, 07:00 - April 12, 2025, 07:00 (UTC) Total Staking Rewards: 750,000 STO
ASX:STO is tightening into a range on the daily chart, with support at $0.06 and resistance at $0.09. The Bollinger Bands are squeezing, signaling low volatility and a potential big move ahead. RSI is neutral at 50, offering no clear bias, while the MACD shows a slight bullish tilt. Volume remains low, suggesting indecision. A breakout above $0.09 could target $0.11, but a drop below $0.06 might test $0.05. Watch for a volume surge to confirm direction.
On the 4-hour chart, ASX:STO is flashing warning signs despite a recent uptrend from $0.06 to $0.10. Price has been making higher highs, but the RSI is showing a bearish divergence, with lower highs forming since hitting 75 two days ago. This suggests weakening momentum, even as ASX:STO tests resistance at $0.10. The Stochastic Oscillator is also in overbought territory (above 80), hinting at a potential reversal or pullback. Volume has tapered off during this climb, failing to confirm the strength of the move—a red flag for bulls. The 20-period MA is still providing support near $0.08, but a break below could accelerate selling toward the next key level at $0.07, aligning with the 50-period MA. The MACD remains bullish for now, but the histogram is flattening, indicating a loss of upward thrust. Traders should be cautious: a short opportunity may emerge if ASX:STO drops below $0.09 with increased volume, targeting $0.07 with a stop above $0.10. Conversely, a strong push above $0.10 with a volume spike could invalidate this bearish setup, aiming for $0.12. For now, the chart leans toward a corrective phase—watch for confirmation before acting. Risk management is critical here, as volatility in low-cap tokens like ASX:STO can be sharp. Stay nimble and monitor momentum indicators closely. Also, it's a good opportunity to stake Stone(STO) on Gate.io Launchpool. Users can stake BTC/GT/STO to earn 750,000 STO airdrop for passive income, with rewards distributed every hour. Airdrop Details Staking Period: April 4, 2025, 07:00 - April 12, 2025, 07:00 (UTC) Total Staking Rewards: 750,000 STO
Time sensitive. This is more of a corrective scalp long Targeting $0.13 area Expecting tp tonight
Weekly: Price took out old swing low after a lower low was printed — confirming bearish intent. However, price is now inside a new HTF support zone. MACD remains bearish, signaling potential continuation lower, but watch for possible slowdown or divergence signs in this zone. Daily: Structure is firmly bearish — lower low confirmed. MACD bearish and showing momentum strength — favors continuation lower unless lower timeframes suggest a deeper correction. 4H: Bearish convergence confirmed — price action aligns with HTF bearish bias. However, current price action is corrective/bullish — likely a pullback within a bearish trend. MACD still bearish but weakening — signals caution for late shorts, or potential for deeper retracement. 1H: Monday's failure to make a new low overnight hinted early market structure shift — bullish correction in play. MACD turned bullish into Friday's POC, and price rallied into 4H bearish imbalance above it. Currently: 1H hidden bearish convergence developing — early sign correction may exhaust. MACD weakening — signals reduced bullish momentum. Key overnight scenarios: Consolidation near current highs (distribution?) Continuation of bullish correction into deeper supply Bearish continuation if sellers step in aggressively from imbalance zone
This chart compares the price action of Gold (candles), Bitcoin (purple line), and the S&P 500 Index (red line) over a multi-year period. Several key phases and correlations are highlighted: ? Key Observations: 1. Gold Bull Run (2019–2020): Gold experienced a strong upward trend starting in mid-2019. This bull run led to a peak in August 2020, right before the final phase of the Bitcoin bull market. 2. Bitcoin Bull Run (Highlighted in Blue): After Gold peaked, Bitcoin entered its final bull run phase, accelerating dramatically. The vertical yellow line (August 3, 2020) seems to mark the transition point where capital started rotating from Gold into Bitcoin. 3. Gold Correction + SPX Correction (Post 2020): As Bitcoin surged, Gold corrected downward, reflecting a rotation of capital or risk preference. At the same time, the S&P 500 also experienced a temporary correction, possibly reflecting macroeconomic uncertainty or shifting investor sentiment. ? Current Market Structure (2024–2025): 4. Gold Potential Peak Again? A similar structure appears to be forming now: Gold is peaking again, just as Bitcoin and equities are at critical levels. The chart raises the question: "Is Gold topping again, just like it did in 2020?" 5. Possible Repeat Cycle: If history repeats, we could be seeing the early stages of a new Bitcoin bull phase, following Gold’s strength and peaking pattern. SPX appears to be climbing steadily, indicating a risk-on environment—similar to what happened during the last crypto surge. ? Macro Interpretation: Gold → Bitcoin Rotation: Historically, a peak in gold has preceded a sharp upside move in Bitcoin. Risk Shift Timing: Both gold corrections and SPX slowdowns tend to coincide with the start of aggressive crypto bull phases. This could suggest that a new Bitcoin leg up is near, especially if gold starts to decline again from current highs. ? Conclusion: Your chart reflects a macro rotational pattern: Gold strength → Peak → Bitcoin acceleration → Gold/SPX correction. If this cycle plays out again, the current peak in gold could signal a new phase of momentum for Bitcoin, just as it did post-2020.
Back in October 2023, NEAR embarked on an incredible bull run lasting 147 days, surging from a low of $0.971 to a high of $9.01—an astounding +828% gain. Following this euphoric phase, the market sentiment shifted dramatically. Over the subsequent 392 days, NEAR retraced to around $2, marking a -78% decline. Now, with the market at a critical juncture, the question remains: when does the madness of the crash end, and can we finally see a reversal? Harmonic Patterns & Fibonacci Confluence Chart Pattern Analysis: The XABCD Framework Using the XABCD pattern tool, we identify the following key points: Point X: $0.971 Point A: $9.01 Point B: $3.076 Point C: $8.244 Point D: $1.978 Durations: X-A: 147 Days A-B: 143 Days B-C: 122 Days C-D: 126 Days These durations show remarkable symmetry—with the up-move phases (X-A and A-B) nearly matching in time, and similarly for the correction phases (B-C and C-D). This time symmetry supports the presence of a harmonic structure, and the retracement levels help validate the potential for a reversal. Fibonacci Implications Fib Retracement of XA: Point B is at 0.738 Fib Retracement of AB: Point C sits at 0.871 Fib Retracement of BC: Point D lands at 0.875 Fib Extension of BC: Point D is at 1.212 While Point D’s retracement at 0.875 is slightly deeper than the classic 0.786 level expected for a Gartley Harmonic, it remains close enough to validate a harmonic correction, especially considering market noise. Additionally, the expansion of BC at 1.212 is close to the 1.27 range, lending further credence to this being a Gartley-type pattern. Time Factor: Fibonacci Time Extensions & Exhaustion 147-day Bull Run: NEAR rose from $0.971 to $9.01 in 147 days. 392-day Bearish Correction: Since hitting $9.01, the price has retraced for 392 days. Fibonacci Time Extensions: 1.618 multiplier: 147 × 1.618 ≈ 238 days. A Classic "golden ratio" reversal target. This period coincided with a +135% surge in November. 2.618 multiplier: 147 × 2.618 ≈ 385 days. High-probability exhaustion point. This is nearly equal to the current 392 days, suggesting that time-based exhaustion may be imminent. The alignment of these time-based measures with the price retracement (approximately 87.5% retracement of the original move) signals a critical juncture where the bearish phase could soon be over. Identifying the Support Zone & Long Opportunity Based on harmonic and Fibonacci analyses, the confluence of key support levels points to a potential bottom: Harmonic Point D: Trading near $2. Monthly Level: $1.99 acts as a strong support benchmark. Fibonacci Retracement (0.886): at $1.887. These levels create a long opportunity window between $1.99 and $1.887. This confluence offers a solid entry region for long positions. Additionally, other confluence factors include: Fibonacci time extension at the 2.618 level (around 385 days) aligning with the current duration of the bearish phase. The symmetry of the XABCD pattern adds to the reliability of the support structure. High-Probability Trade Setup Long Entry: Entry Zone: Accumulate positions in the $1.99 to $1.887 range. Target: Aim for the 0.5 Fibonacci retracement level of the bull run, approximately $5.00, which represents a potential +150% gain from current levels. Risk-to-Reward (R:R): With the setup targeting a substantial rebound, the risk-reward ratio is very attractive, particularly if entry is taken in the defined confluence zone. Market Outlook: Current Sentiment: NEAR is in a significant downtrend, evidenced by a dramatic -78% retracement after an explosive bull run. Reversal Indicators: The harmonic pattern, Fibonacci retracements, and time exhaustion (392 days approaching the 2.618 extension) all point towards a possible bottom formation in the coming month, particularly during April. Potential Reversal: If NEAR holds within the $1.99 to $1.887 window, a reversal back towards $5.00 appears plausible, echoing the conditions seen at previous market cycle reversals. Key Takeaways Historic Run & Severe Correction: NEAR surged over +828% in 147 days only to retrace -78% over the following 392 days. Harmonic Confluence: The XABCD pattern and Fibonacci levels create a compelling argument for a turnaround. Time & Price Alignment: Fibonacci time extension around 385 days combined with an 87.5% price retracement suggests market exhaustion. Solid Long Entry Zone: The support between $1.99 and $1.887 offers an attractive risk entry point with the potential to target a move back up to $5.00. After decades in the trading arena, one thing is clear—the market often cycles through periods of euphoria and despair before turning a corner. NEAR's confluence of harmonic symmetry, Fibonacci retracement, and time-based exhaustion is almost too aligned to ignore. With a defined long entry window between $1.99 and $1.887, this might be the moment to consider a high-probability long trade. As always, manage your risk diligently and wait for clear confirmation. Wrapping it up here, happy trading =) If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
Range > stuck inside > reclaim prev range > broadening formation