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?