STXBTC (Blockstack) moved up recently and challenged MA200, the black line on the chart.
A rejection happened at this level which ended in a higher low... We are now seeing its price recover, there can be additional growth.
STXBTC Chart Signals
Here we have prices moving above EMA10, EMA21, and EMA50.
The RSI is strong at 52.
The MACD is above zero...
We are looking at Blockstack (STXBTC) and things are starting to heat up... Let's start with the 4H chart.
In this timeframe, we have prices now trading above EMA300 and MA200, as well as strong bullish indicators.
The volume is going fully towards the bulls.
Now, looking at the daily chart, which is the main chart...
Here are the numbers for Blockstack (STXBTC).
Use them to your advantage.
I am wishing you an amazing November and beyond.
Let's get started!
BUY: 0.00001000 - 0.00001250
STOP: Close weekly below 0.00000900.
We looked at Blockstack (STXBTC) recently and shared a full trade signal, you can find it by clicking in this image below:
This is the same setup we are looking at but this time based on the weekly timeframe rather than daily, meaning the long-term chart.
STXBTC is trading within...
There is a MainNet and it planned to launch until 15 December 2020!
Stacks 2.0 is coming at the same time as MainNet. Stakers will earn BTC while stacking STX after Stacks 2.0. You can confirm it from Blockstack's official announcements.
Now, let's look at the chart. I'm observing triple bottom formation. Also STX in oversold zone. Indicators which in oversold...
💎Technical Analysis Summary💎
-STX confirms the bear flag a few days ago
-The rising channel broke to the downside
-If the bears can control this downward pressure
-The potential target is somewhere 1000s sat level
-That is strong support where we saw bullish price reaction
A big Thanks for donating 💰 via Tradingview coins this week to ...
STX is in an uptrend. When the price tends to go below the trendline. This is a good price to buy.
This is a very good coin and I have been following it for a long time. In particular, there will be very good news coming in Q4.🔥
BUY: 0.00001200 - 0.00001550
POTENTIAL PROFITS: 267%
STOP: Close weekly below 0.00001100.
This is not financial advice.
Make sure to do your own research before trading.