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STX

Blockstack is likely to breakout the channel soon for big moveHi, friends hope you are well and welcome to the new update on Blockstack coin. STX has a very big event of mainnet launch on 30 September 2020. The effect of the announcement on price action: Since this announcement is added on 12th of May on different sites at that time the priceline was moving at the support of the parallel channel. Then the price action started bullish rally that was more than 85% and at this time the priceline of STX has reached the resistance of the channel. I have also placed the volume profile on the complete price action moving within this channel. That is showing the trader’s interest is very weak above the support of the channel. That is very clear indication that now the price action will not be able to move up to support and the Moon phases indicator is showing the new full moon is appeared at very high distance above the resistance. That is indicating to upcoming breakout. The directional movement indicator is showing that positive directional indicator has crossed up the negative directional indicator and giving the bullish signals. Tfuel also showed same signals before powerful bullish move: If we watch the Tfuel chart then before the powerful bullish rally we also had received such signals. The volume profile was showing less interest of the traders above the support and for the long time period, before the breakout the price action did not hit the support and finally broke out the resistance of channel and started more than 1200% rally. The SMAs have formed alligator mouth: If we watch the simple moving averages on the daily chart with the time period of 25, 50, 100 and 200 then priceline has crossed up all these simple moving averages. Now we have the order of these moving averages in a sequence that the 25 SMA is above all then we have 50 then 100 and then 200 simple moving average is below all the other simple moving averages. Therefore a complete alligator opened mouth has been formed by the simple moving averages that can lift the prices action more up. Conclusion: At this time the priceline is at the resistance of the channel, therefore we need more volume in order to breakout from this pattern. If the buying volume will be not increased then we can see some correction rally before the next bullish move.
Long
by moon333
STXUSDT formed bullish cypherBlockstack (STX) has completed the bullish Cypher pattern by its volatility. The initial leg was started from Dec 2018 then A to B leg retraced between 0.382 to 0.618 Fibonacci and B to C leg projected between 1.272 to 1.414 of A to B leg's Fibonacci projection. Now the C to D leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for bullish Cypher pattern. Now the price action has entered in potential reversal zone to take the bullish divergence. This potential reversal can be used as stop loss in case a complete candle stick closes below this level. As per Fibonacci sequence the buying and sell ranges are as below: Buy between: $0.1902 to $0.1708 Sell between: $0.2055 to $0.2055 This very short term 2 hour based charts has capacity to produce upto 20% profit. Regards, Atif Akbar (moon333)
Long
by moon333
🔥 Watch BlockstackWatch Blockstack for potential pump. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
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. ------ 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. ------ Remember to hit LIKE if you enjoy the trade/content. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
4
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.
Long
by MasterAnanda
1