Blockstack DECISION TIMEchart looks very good. If it flips the diagonal (blue dotted line) resistance then it will go much higher. If not, I think it will consolidate more and eventually break it.
I hope you found the idea interesting:)
Blockstack
Stacks (STX) formed bullish Gartley pattern for upto 14% moveHi 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.
Stacks coming out of massive accumulation. Big prospects!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
4. The first cryptocurrency to receive SEC qualification for a sale in the United States
5. Not many listings yet and I think many will come but slowly more and more are coming. Especially Coinbase. The gigantic breakout came because of its listing on Upbit and everybody knows how big of a role demand in Korea plays
$STXUSDT - Triangle on the watchHello everyone!
This is the first time I'm doing analysis on STX, hope it will work out.
It is also possible that STX will retrace a bit to test the lower edge of the triangle then resume upwards.
Nevertheless, I highly recommend to wait for a breakout and retest confirmation.
Blockstack stucks in a wide range #Blockstack - Pullback in play. $STX is heading to the bottom of the wide range - a reversal around $ 1.50 is crucial for new #bullish impulses. The uptrend is still valid and could even continue to new targets @ $4.13. Watch out for RSI we need a defense of 48.5 #STX
STXBTC - Long-Term Wedge Squeezing - Looking to Break Out Soon!Not advice - I'm a noob practicing TA.
Here we can see a long-term wedge starting to squeeze looking at the weekly chart.
Zooming in on the Daily - we can see the recent price action is trading in a nice channel - looks like this project will break-out to the upside.
SEC approved ICO for this project bodes well for the future - considering there may be stricter regulations coming in.
Testing the 200 MA and the down-trend line again - its only a matter of time before it breaks through. Could break to the downside - but everything looks bullish right now.
Targets:
Short-term - look at previous support/resistances for sell levels
Long term - look at fib levels for high-upside price targets.
STX usdt to push down to lower timeframe support levels.STX usdt to push down to lower timeframe support levels
STXBTC forming Shark | Up to 59% profit expected aheadHi, friends hope you are well and welcome to the new update on Blockstack (STX) coin.
On the daily chart, the price action of the STX coin has completed a Gartley then a Shark and again it is completing the last leg of another bullish Shark pattern and soon it will be entered in potential reversal zone.
Buying and sell ranges:
The buying zone starts from 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 59%, and the loss possibility is 13.5%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Blockstack (STX) Now Above MA200, Impulse Possible!Now that STXBTC (Blockstack) is trading above MA200, the black line on the chart, the doors are open for fast/strong growth.
This is a very important level and we have little resistance after this one.
Notice that also EMA300 (grey) and EMA200 (brown) has also been left behind.
The RSI is at 63 which is really strong and the MACD curving up and ready to blow.
We looking at a higher high since we already got a higher low... Additional details on the chart.
Namaste.
STX Lines Breakout Setupprice is breaking the resistance if we clear the trend line
good above 1465 also holding trend line support below which is good sign for uptrend
here's the candlestick chart
Blockstack (STX) Rebound After Higher Low!STXBTC (Blockstack) is looking good with a strong rebound taking place after a higher low.
The RSI is above 50 which is really good with this current chart.
All that is needed is for the price to either continue growing and close today above the EMA50 line.
This would confirm this bounce as "real" and signal that additional growth is soon to follow.
Remember that you need a plan before you decide to trade.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
STX could see tremendous gains in near future!Blockstack (STX) is starting to look hella bullish for the first time in it's history !
We can see that its price is always rejected in the 30/33cents area.
Right now it's consolidating near this HUGE resistance with low volatility printing smaller and smaller handles.
If the resistance is broken STX could be set for BIG gains in the near future!
Ideally we will like to see a continuation of low volatility for a couple of days and a clear breakout with STRONG volume !
Trade the breakout on the upside and trade safe !
Stop Crying about BTC:Plenty of Gains to be MADE!Today the focus is on Blockstack, one of the opensource darlings.
Unique thing is? This is not a shitcoin, it has an actual use case and a strong community behind it.
TA:
Price is approaching a key support level but may rally straight on from here depending what BTC does in the next few days. Looking at an upward potential of 200% in BTC terms, which in fiat terms is A LOT of MONEY!
Downside potential of 20%. or worse depending on the BTC run; trade safely.
-Bo Sukas
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BINANCE:STXBTC BINANCE:STXUSDT HITBTC:STXUSDT
STX ( BlockStack ) Breakout | Fibs Retracement Setupready for price to break 1300 satoshi and enter into this coin we can see a really good move with volume when it breakout
0.786 Fibonacci bounce
support zone
1300 satoshi 200 ema breakout
Blockstack Breaking Above EMA50 (111% Mapped)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 (bullish).
The chart looks pretty healthy...
There can be additional growth.
Additional information, including targets and support levels, can be found on the chart.
Thanks a lot for reading.
Namaste.
Blockstack Pullback priceHere are marking price for pullback.
Blockstack.
Blockstack aims to build a new decentralized internet where users own their data and apps run locally. A browser portal would be all that is needed to get started.
Great tools for dapps.
Current price
$0.217739 USD (4.19%)
0.00001160 BTC (4.21%)
Why Blockstack(STX/USD) is Super undervalued ? Ready to Pump!!The project has backing from venture capitalist mainstays like Union Square Ventures, Digital Currency Group, and 20 others. It’s secured $75 million in funding to date... including $23 million via the first Regulation A+ token offering ever. (A Regulation A+ deal allows non-accredited investors to invest in private projects.)
The Blockstack network launched in November 2018. It started with 38 apps but has grown to over 500 since then.
Like Google and Apple, you can access your Blockstack apps through one username.
However, unlike Google and Apple, it doesn’t store your data. Instead, your data is stored on the blockchain and controlled by your private key. Your private key is an encrypted code that allows you to access your data on the blockchain.Only the person holding your private key can access your information.
As Blockstack adds more apps, we’ll see its ecosystem continue to grow. And since it’s an open- source network, any developer can build on it... That’s unlike Apple or Google, which charge developers exorbitant fees to build on their platforms.
Looking forward, we see two massive catalysts ready to propel Blockstack higher.
The first will happen within weeks. It’s called Blockstack 2.0. That’s when the PoX protocol goes live. When it launches, we’ll see STX holders lock up their tokens for staking.
Staking is when token holders can lock their crypto assets (i.e. their stake) to help secure a blockchain network. And in exchange, they earn rewards.
Staking crypto tokens locks them away and reduces market supply. And the introduction of staking is coming right before the second catalyst – STX’s countdown timer.
By October 31, 2021, Blockstack’s code will reduce the rate of inflation by 96%. It’s the mega catalyst we think will keep pushing prices higher. Combined with staking, we’re about to see a dramatic drop in the supply of STX coming to market.
Let's See The Power of Triple BottomThere 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 zone are Bollinger Bands %B , Relative Momentum Index, Relative Strength Index.
My discourses, my analysis and my drawings are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your transactions. My analysis is for educational purposes, I am not responsible for your losses.
Blockstack (STX) Bullish Momentum Increases (4H + D TF)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.
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Now, looking at the daily chart, which is the main chart above, we can see prices challenging/moving above EMA200/EMA300 and MA200, all three very strong levels.
We can also see really strong volume.
Closing above this level would basically guarantee a very strong jump, based on TA.
Here we also have very strong indicators with RSI above 63 and the MACD entering the bullish zone.
The next target is marked on the chart with a dashed magenta line.
Namaste.
Blockstack (STX) Trade Signal (183%)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!
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STXBTC
BUY: 0.00001000 - 0.00001250
TARGET:
1) 0.00001640
2) 0.00002000
3) 0.00002300
4) 0.00002700
5) 0.00003100
6) 0.00003400
STOP: Close weekly below 0.00000900.
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Basic Tips
- Always take your time before trading.
- Diversify (exchanges, coins, sources of income, everything).
- When it doubt, don't trade!
- Make a habit of securing profits by selling on target and also withdrawing a portion of your earnings.
- Give it time (Patience is absolutely key).
Namaste.
----
All the information shared here is for learning and/or entertainment purposes only.
This is not financial advice.
STXBTC formed bullish reversal moves on supportMainnet launch:
The Blockstack has a significant event of mainnet launch expected on 30 Sep or earlier. This event is also mentioned on STX coin’s roadmap.
The Channel:
The priceline of STX was moving in a parallel channel and finally broke out the resistance of the channel. Now the previous resistance is working as support and the priceline is re-testing this support again. It can be a double bottom formation above this support.
Continuously harmonic moves:
While the price action of Blockstack is at the resistance of channel that is working as support it has also formed continuously second harmonic bullish BAT pattern and entered in potential reversal zone.
Strong resistance and SMA supports:
The priceline has found very strong resistance at 0.00002519 btc that is not broken out since Nov 2019. After being rejected by this resistance level the priceline is at 100 and 200 SMA supports.
Conclusion:
The price action of Blockstack has several support levels like: the previous resistance of channel, 100 and 200 SMAs and the potential reversal zone of BAT pattern. Therefore there are strong chances that the priceline may start another rally to the upside from here. How ever we should use the maximum extent of PRZ of BAT pattern as stop loss.
