STX/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
STXPERP trade ideas
$STX cup and handle?Chart is self-explanatory.
After long consolidation, we formed the descending handle and at any moment we go to the target, which is also 1.618
STX 4 HOUR BULLISH BAT AND GARTLEY STX 4 hour bat backtest confirmed higher low manifests as a gartley pcz at end of falling wedge as well as at a critical inflection point going back to beginning of year (bold white line) , all time 78.6% retracement and local 38.2% retracement , rsi hidden bullish divergence , macd and cmf regular divergence
calling the bottom here on STX provided btc doesnt roll over
huge stx pump coming hidden bull divs , trend line supports, multiple bullish harmonics + successful backtests, stx to continue to outperform btc at a time when many alts are weak, higher highs higher lows, stx is layer 2 bitcoin , gains will compound as btc increases
STX about to pump hardSTX showing strong reaction to bullish bat on 1 hour STX/BTC on 4 hour bullish gartley . negative momentum weak, all emas reclaimed
Stacks' Is Consolidating in a Symmetrical Triangle For NowStacks' (STX) rally has paused, and a very volatile consolidation seems to be taking place in the form of a symmetrical triangle. While the symmetrical triangle is a neutral chart pattern, when it appears within an established trend, it tends to break in the direction of the prevailing trend.
Symmetrical Triangle Pattern
The symmetrical triangle is in the early stage of development, and it might take a while before it is concluded. If the price remains contained within the current upward and downward sloping trendlines, we will have a valid symmetrical triangle.
On the upside, a break above the downward sloping trendline will open the door for a retest of the short-term resistance level of $2.44.
The current swing high of $2.61 is another technical level that the bulls need to overcome. However, the most important resistance level remains the recent all-time high of $2.90 established on April 5.
The 50-period simple moving average aligns perfectly with the upward sloping trendline to provide more confluence. This means it will be harder for the bears to take charge. However, a downside break will open the door for a retest of support level $1.83.
STX low risk high reward its in the cradle. STX is trending pretty well.
chances of being stopped out are high, so selling half position at target is going to help
Stacks/USD LongStacks has been going up with several retest but on the long run, we can see an uptrend anyways. I have forecasted a bullish trend for Stacks. Let me know what you think about this pair.
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:)
STACKS STXUSD Massive Breakout Potential1.618 is the target
0.618 is a strong support
Provided a channel for the uptrend run
This looks really good and could run massively
STXSTX is currently trading above the support zone at $0.89. If it can stay above this support zone, we could start seeing a move towards $1.25, $1.36 and $1.49. If it can flip the resistance at $1.49 to support, we could start seeing a higher move towards $1.72, $2.29 and $3.22. Failure to hold the support at $0.89 could lead to a drop towards $0.79, $0.70 and $0.58.
STX - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
STX is sitting around strong demand and round number 1.0 so we will be looking for buy setups.
on H1: STX formed a valid ascending triangle in red but it is not ready to go yet. (projection in purple)
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the upper red trendline (1.250) to buy.
Meanwhile, until the buy is activated, STX would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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
STXUSDT BuyHello Traders!
This is STXUSD and it has formed a clear J pattern. It has already tested the high and it will move more than 1:3 of its curve.
This will give more than 100% of The Investment and I told you This month I will only focus on those pairs which will give 100% or more of the investment.
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 !
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.
