STXBTC trade ideas
Blockstack (STX) Moving Back Above EMA300/200Blockstack (STXBTC) continues with its range trading but looking better each day... Right now prices are moving back above EMA300 and EMA200 but with higher lows.
The only barrier left is MA200, the black line on the chart... Once this resistance level is conquered, you will see a strong impulse move and then some more.
Namaste.
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.
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.
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
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.
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) Weekly, Follow Up (Full Trade Inside)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 a channel that started back in January 2020.
Its price has been bouncing off the trendlines and we recently ended in a higher low.
If this low holds, we will see the next wave take us to 111%+...
It can be so much more of course but for the purpose of this analysis, anything above 100% is more than enough.
What's your take?
Do you think Blockstack is ready to print some growth?
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.
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All the information shared here is for learning and/or entertainment purposes only.
This is not financial advice.