Blockstack (STX) Bullish Momentum Increases (4H + D TF)

12 de nov. de 2020

We are looking at Blockstack (STXBTC) and things are starting to heat up... Let's start with the 4H chart.



In this timeframe, we have prices now trading above EMA300 and MA200, as well as strong bullish indicators.

The volume is going fully towards the bulls.
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Now, looking at the daily chart, which is the main chart above, we can see prices challenging/moving above EMA200/EMA300 and MA200, all three very strong levels.

We can also see really strong volume.

Closing above this level would basically guarantee a very strong jump, based on TA.

Here we also have very strong indicators with RSI above 63 and the MACD entering the bullish zone.

The next target is marked on the chart with a dashed magenta line.

Namaste.