We have a neat and clear downtrend starting June 2022 for STXBTC but as November approaches we can see lots of bullish action.
This action is supported by high bull volume on green days but as prices decrease the bear volume is low.
This signals we belief is saying that the downtrend is coming to an end and the bullish action that became evident in November was...
Buying volume is increasing and Bollinger Bands are really tight, and that means it's getting volatile.
STX is currently trading in my buying zone for 3 months. It's the 0.618 en 0.65 Fibonacci retracement from the last impulsive wave 1.
From Stacks' market history, it can be seen that stacks has a habit of showing explosive price rises.
As Bitcoin continues to...
Stacks is on a breakout. As previously mentioned in my analysis of last May 30, found at this link: Stacks is very interesting to take a long position in.
On the hourly chart, the Bollinger bands are hugely compressed. This shows that there will be a huge breakout, and in my opinion, upwards. I'm expecting an upward move because stxbtc has set a very nice...
STX/BTC is STX/BTC is currently trading in the golden pocket range on the weekly chart.
The divergence script for many indicators indicates two clear bullish divergences.
Chris Moody's script 'CM Williams VIX' which finds market bottoms, flashes obvious green.
LazyBear's Squeeze Momentum Indicator indicates a momentum change due to the first colour change from...
We are technical analysts and we love the charts.
We love the candles and the amazing tool that this is.
Since you can get everything from the charts, hardly ever we take the fundamentals into account.
Here is one exception though, we love Stacks as a project and we have been trading this pair for long.
STXBTC (Stacks) hits a new high today compared to April...
Hi friends, hope you are well and welcome to the new update on the Stacks ( STX ) coin.
Previously we had a nice trade of STX coin:
On a 4-hourly chart, the price line of AMB has formed a bullish Gartley pattern.
1. Mainnet lauched a few months ago. You can stake to earn BTC
2. Was one of the biggest laggards early on. Also one of the projects that got talked about a lot in the past and people slowly forgot, but it is one with pretty big goals
3. Largest and cleanest triple bottom / accumulation, with a gigantic breakout and retest. 1+ year long and looks super clean
STXBTC formed a bullflag on the daily and it has been confirmed in my opinion with yesterday's brakeout. It also closed above an important resistance yesterday.
Volume also looks good. So in my opinion we will probably see a rise to 4483 satoshi.
Taking the weekly chart of STXBTC into account, it looks pretty good in my opinion: With last week's candle an...
Keep Stacks (STXBTC), formally known as Blockstack, on your watchlist.
Right now we have a continuation pattern building upon the daily timeframe... Prices can easily move higher.
STXBTC has also been added to OKEx and we are seeing major bullish action going there right now.
We can also appreciate strongly bullish indicators.
The next targets are mapped on...
The price had a breakout from weekly resistance and now the price is testing as new support. IF the price will have a breakout from historical daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
Long and short STX/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...