Stacks / Bitcoin
Long

Blockstack (STX) Weekly, Follow Up (Full Trade Inside)

802
We looked at Blockstack (STXBTC) recently and shared a full trade signal, you can find it by clicking in this image below:
Blockstack (STX) Trade Signal (183%)


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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.