Short
STMX/USDT 4-hour short trade opportunity
$BINANCE:STMXUSDT
STMX/USDT 4-hour short trade opportunity
The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours.
Overall, this is a Bearish setup for STMX/USDT, and a Short position could be considered.
Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
STMX/USDT 4-hour short trade opportunity
The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours.
Overall, this is a Bearish setup for STMX/USDT, and a Short position could be considered.
Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.