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

10 nov 2020

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

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.