STX, my man, whats your plan?
* Drops fast in volume indicate that there's some action to come.
* Bullish devergence also on the 4 hour.
* Double bodom menas it could be some strong support, but the bounche must follow!
* Stoch try to flip bullish!
* We need to break the oange dotted downtrendline!
Here I have the chart for Blockstack (STXBTC) for you fully mapped.
This is a young chart, no long-term history, so the analysis can be less accurate than usual.
A new ATL was hit recently and a strong bounce is taking place.
Now STXBTC is above EMA50 (0.00001835), which is a really good signal.
Trading volume is really high, supporting this bullish move.
STX/BTC IS having a healthy chart now.
1. DB has been already created in 1hr TF, And the Next candle will confirm this after creating on the upper side of the last candle.
2. RSI is at 40, and ready to break the resistance line.
3.sma and ema are so strong here and ready to make the curve.
A great increase in volume upon breaking resistance at 2150 satoshis, creating a bullish pivot; 2150 sats level should now act as short term support. We can expect further upside in the short/mid term as multiple time frames are quite bullish. As shown in the chart, short term resistance is at 2400 sats while mid-term resistance is at 3000 sats.
Almost Ready to Break the Falling Wedge Pattern in 4h Chart..
Volume is Increasing & Expecting Big move in Few Hours..
in Daily Chart, Double Bottom As Well So Grab it Before FOMO/Big Move..
Buy Between 2000-2100 Sats
Sell Targets 2170-2280-2430 Sats
Stop Loss Below 1970 Sats
Buy With 5-10% Potfolio..!!
Looks like STXBTC will hit the support line drawn on the chart and go up. I plan to buy it around 2320 and set the target to 2438. We will see.
Here's a project that's so new I can't even show you a 1-day chart. Read all about here: blockstack.org
There's two reasons I'm interested:
1) The project's focused on decentralising the web, i.e. unstoppable websites, no government can block information as the internet was first intended. It is an opportunity to get into a project at a ridiculously...
See char - check twitter for STX. Allready alot of users. Dapps and apps. Think thinks coin can grow.
Buy when noone wants it - sell when everyone wants it. I think 8600k is possible. Some resistance up first.
my prediction for this Coin - everything said in the Chart.
Volume went lower, so we know downtrend is over. We need a Volume breakout up now.
Could take hours - days - weeks. I don't know.
1) 2000-24000 sats
All targets possible.
This is not a trading advise. Just my personal opinion. Do...
We do'nt have much data for a good analysis. But lets try anyways.
It is decision time for STX. In this kind of triangle pattern, price generally goes down more often than go up. If we go up, we have 2 targets. If we go down, we are going to hell.