STXBTC trade ideas
STX/BTC - beautiful bullish setupSTX is pretty new coin on binance, but it formed really nice, tradable structure. STX had very nice upwards move, which can easily be anotated it as a 5 wave move, so we should see at least one big wave to the upsisde made of 5 smaller waves. The bottom of the correction (WXY correction) could be set (not so probable), but I think, we might see final leg to the downside and finishing complex double zigzag WXYXZ correction. If price drops below previous low at 963 satoshi, this setup is invalidated and my eliott wave count was wrong.
🔥 Watch BlockstackWatch Blockstack for potential pump.
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Blockstack Trade Signal @alanmasters [STXBTC](141%)We caught the first bounce for STXBTC which generated 33% of profits.
Now prices went below the last low while printing bullish divergence with the MACD and RSI.
Another bullish move can follow.
Here are the numbers for us to trade.
This is not financial advice.
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Trade: Blockstack | STXBTC
BUY: 0.00001000 - 0.00001250
TARGET:
1) 0.00001550
2) 0.00001710
3) 0.00001880
4) 0.00002190
5) 0.00002380
6) 0.00002680
7) 0.00002800
8) 0.00002900
PROFITS POTENTIAL: 141%
(Price at writing 0.00001202)
STOP: Close weekly below 0.00000900.
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Remember to hit LIKE if you enjoy the trade/content.
Thanks a lot for your support.
Namaste.
STX/BTC looks GREAT!STX/BTC looks GREAT!
after wave 1 completed
we formed a H&S top
the target was reached
we formed a ending diagonal for wave C
we havent made a Lower Low
and we broke out.
Targeting the 1.618 fib extension for wave 3
and the .618 extension (1:1 of wave 1) for wave 5
the risk is 3%
STX / BTC 2 HOUR, INTERRESTING WEDGE FORMATION!BLOCKSTACK, WHAT'S IT GONNA BE MEN?
* Looks the falling wedge is finish and time to chose direction!
* RSI building an nice triangle formation
* Almost 0 volume
* MACD MA's sneakin to the upside, momentum is building and it front rammed the maintrendline
Let's see what happen mates!
Blockstack Gains Momentum, Can It Grow More?When you look at the chart for Blockstack (STXBTC) on Binance, you might get the feeling that the potential for this pair is limited but that isn't the case.
If you look at the full chart, on CoinMarketCap or using any other method, you can see that STXBTC is trading near ATL (All-Time Low) prices hit back on the 14-Dec.
The move we are seeing now is just getting started and is supported by big volume.
Blockstack is strong and bullish... Make sure to have a plan/strategy before you trade.
Thanks a lot for reading.
Namaste.