#STAK/USDT#STAK
The price is moving within a channel pattern on a 1-day frame, which is a retracement pattern
We have a bounce from a green support area at 1.07
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 1.20
The first goal is 1.53
The second goal is 1.72
The third goal is 1.93
Stakeeth
#USDT potential Head and shoulders pattern. #Crypto relief rallyMass hysteria and panic was achieved this week
similar to past capitulations
We are due a bounce.
Let's watch & see how it plays out...
I am long ETH spot, and quite happy at picking up a long term bag for close to an 80% discount.
Arthur Hayes has a 10K target which i concur with.