STG Long Term Profits PlanHello traders!
Currently, we are experiencing a big drop in Crypto but other markets have also been dropping hard. So, now instead of going all panic mode let's switch gears and plan ahead to take advantage of the buying opportunities. So, here's my plan in the long term for StarGate.
1) Right now, we can see price hit the Demand Zone which is the zone marked in green. It got pierced though recently after a real long time. However, it's turning into a hammer candle and reversing altogether which means strong buying pressure stepping and it could totally be a fakeout, so we should stay alert to see how it plays out.
Possible confirmations for the demand zone to be safe are: Wait for the price breakout and take a position when it re-test the zone back again.
In the future if the bearish trendline gets broken, we can expect an important rise on the price. We still have to deal with a strong supply zone which is marked in red. If price manages to pierce through the supply then we fly to the moon ♥ meanwhile, I'll be monitoring weekly and informing STG movements over time.
2) TARGETS: The nearest one would be 0.53, which would act as a mean reversion zone. After that, we can expect ranging, and we'll have to wait for signs and clues to find out what could possibly happen next. Targets long term: the supply zone and the ATH +
This idea is to spot for the long term. This asset is still in ranging mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a triangle pattern playing out in the monthly timeframe, right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
Stargate
STG( STARGATE ) CAN ENTER NEW ALL TIME HIGH $5 SOON!Thanks for reading this update.
We expect that there is a high chance that STG will enter $5, since the confirmation for the cycle trend.
STG can show unexpected targets.
We will follow this coin for new ATH
We have made this study exactly on the way of WLD.
We did check the previous coins that made the same increase effect, the same data we used on STG for the high possibility. > There is a building trend making on STG.
For the cycle trend, we don't check the low time frame, since the real trend is the main trend. The cycle activation is done on STG and will follow the trend of it.
For day updates and low time frames check this update:
STG Stargate Finance PriceT after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for STG Stargate Finance is $0.35.
Looking forward to read your opinion about it.
STGUSDT Bullish Scenario: Potential 34% Increase#STGUSDT continues to show a strong long-term uptrend, which has been validated by the recent bounce off the uptrend trendline. This is a bullish signal and indicates that the price of #StargateFinance is likely to continue its upward trajectory in the near future.
Additionally, the recent rejection of the 88.6% Fibonacci support level, which also corresponds to the VolumeProfile support, further strengthens the bullish scenario. This indicates that there is significant demand for #STG at this price level and that buyers are stepping in to support the market.
Overall, the $0.70 price level is a critical demand zone for #STG, and as long as it holds, we can expect the price to continue its upward momentum towards the April high. This presents a potential 34% price increase in the mid-term, making it an attractive opportunity for traders and investors alike.
STG/USDT🔵🐇 #STG/USDT
📍as you can see we have a bullish divergence around a main liquidity and we have a Liquidity magnet zone as a resistance that not filled yet
🪄#Stargate Position Based On Fresh Liquidity and Order Blocks and Structures
#eth #btc #bitcoin #ethereum #cryptocurrency #crypto #Trade #trading #Invest #Trader #Signal #forex #Scalp #altcoins #chart #RTM #ICT
@aliceinmoneyland
STGUSDT - Stargate by LayerZero with $120M Series B FundingLayerZero Labs recently raised $120 million in a Series B round, with participation from big names like a16z crypto, Christie's, Circle Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital, among others. This funding round has catapulted LayerZero Labs to a remarkable $3 billion valuation.
STG chart looks ready to fly to hit $1.15 which will be +40% from current price.
What's gonna stop STG from flying?
Stargate rocketing.Hi again.
Today, you can spot like first two targets are hit.
STG quickly reverse from golden pocket retrace to
a new higher high.
Very interesting movements.
Let's see what's next and if that third target will be accomplish.
This target is based on inverse head and shoulders.
Third shoulder is often developed in crypto.
Nothing new.
With care and ready,
Emvo.
*This is not any financial advice.
Stargate is rocketed.Hi to you.
Today I edit some basic lines,
on daily timeframe.
I have some stakes into it.
That would be also air drop.
Usually, I am not paying to much attention here.
Actually, with pump cca +40% Stargate has confirmed
higher resistance of the ascending channel.
This should probably follow some retracement,
too keep and eye on. Also because of Bitcoins are close
to 4th wave ending.
Because nobody knows where and why...
Always with care and ready,
Emvo.
*This is not any financial advice.
Stargate Finance STG forming bullish Gartley for upto 20% pumpHi dear friends , hope you are well and welcome to the new trade setup of Stargate Finance ( STG ).
Recently we caught a nice pump of STG:
Now on a 4-hr time frame, STG is completing the final leg of a bullish Gartley move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Stargate Finance STG forming bullish BAT A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Stargate Finance ( STG ).
Recently we caught more than 37% pump of STG as below:
Now on a 4hr time frame, STG is about to coplete a bullish BAT pattern with Bitcoin pair.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
STG to drop hardPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
Stargate Finance broke down this triangle📐 and I think there is chance for drop to 0.21 which would mean -40% loss of value. Setting SELL LIMIT order to previous range low to catch🎣 the pullback.
ENTRY : local low @ 0.3532
STOPLOSS (SL) : local high @ 0.3769
TARGET : height of the triangle projected from midpoint of the local range (SELL LIMIT - SL) @ 0.21
REWARD RISK RATIO (RRR) : 6
INVALIDATION : when STOPLOSS level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
#STG - Broken down on channel and retesting#STG - Broken down on channel and retesting
Further downside expected with STG with breaking down on ascending channel in an already bearish long term framework there has been a push back up to retest the under side of the channel. Be wary as it looks like the 20 DEMA and 200 1hr EMA has been broken and challenged so holding this or breaking back into channel and holding would be worth cancelling the set up.
ATOM - Ascending ChannelAssuming trend continues for COINBASE:ATOMUSD .
Great entry before next push to the upside. Possible +65% return on hold.
* Below 200 MA on the 1H time frame; great entry price!
* Above 200 MA on the 2H chart for support.
* Above 120 MA on the 2H chart for support.
* Trading inside ascending channel since beginning of Feb 2021.
* After hitting next target high, may crash as low as $25.29. Labeled on chart.
* Measured Support/Resistance at:
- 21.82
- 22.86
- 23.59
- 24.32
- 25.23
I'm still very bullish on ATOM. It didn't get a strong push to the upside after Stargate upgrade as expected but the possibility is still there. When comparing market cap to BINANCE:DOTUSD , I believe ATOM is still very undervalued. This is one to watch out for and now may be our last chance for entries below $22. It' does not pump and dump like the other alt coins. The slow and steady growth is great for long term. The consistent price action inside ascending channel is undeniable.
Good luck trading!
20% Bullish Move on ATOM A Possibility...I've seen this exact formation play out on a TONNE of alts this year and this is a real bread and butter trade set up for me.
We've got a W pattern inside of a larger W pattern and some nice upside potential as indicated by our VPVR, Ichimoku and EMA fan.
The first hurdel for ATOM will come ar this 3100 level and the 50ma, where we could see a break and retest, before another up to the 50/61 fib around 3400+ sats and the 100ma.
Don't want to get too excited about this, but 4000+ sats very much on the cards with the ATOM Stargate first testnet on July 27.
PLEASE LIKE AND COMMENT IF YOU'D LIKE TO SEE MORE ALT CHARTS!!
Have a great day friends :)
- Tex