STX/BTC -broke the trendline resistance -trading above 50ma and 20ma -new immediate support at 1350s -upside target is up to 1750s -stoploss below 1250s
Blockstack (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...
Price action of Blockstack (STX) / Bitcoin is forming bullish Cypher pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closed below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.1030 to 0.0930 Sell between: 0.1108 to 0.1297 Regards, Atif Akbar...
STX/BTC STX broke bullish of this falling wedge pattern with the RSI is bullish on divergence to the upside. To continue its uptrend, the price needs to hold above the 50 MA (4hr TF) or the immediate support area 1270 - 1200 sats and break another Higher High. We can see a spike in volume during this break-out which adds more bulls momentum. Expect more upside...
STX te Bullish Kelebek formasyonu bulunmaktadir. Takip edip update yapacagim. STX Has bullish butterfly pattern and i will follow up and update
Priceline of Blockstack / US Dollar is forming a bullish Cypher pattern and soon it will be entered in potential reversal zone. Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area. I have defined targets using Fibonacci sequence as below: Buy between: 0.1794 to 0.1766 Sell between: 0.1815 to 0.1866 Regards, Atif...