Stpt
#STPT/USDT#STPT
The price is moving within a bullish channel pattern on the 12-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.03550
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, upon which the price is based higher at the discount
Entry price is 0.4000
The first target is 0.04832
The second target is 0.05365
The third goal is 0.06020
STPTUSDT is Ready for the Next Big Move? Get Ready for BreakoutYello Paradisers! Are you ready for the next big move in #STPT? Let's break down these statements and analyze what's happening:
💎#STPT is currently trading within a descending channel, which typically signals a bearish trend. This pattern showcases a series of lower highs and lower lows. However, there’s a potential breakout and retest zone just above the descending resistance. A successful breakout and retest could lead to a strong upward move.
💎#STPTUSDT has been consistently rejected by the channel as indicated by the red arrows. A break above this line could signal a potential trend reversal. 50EMA is also reinforcing this bullish outlook.
💎There's a highlighted support zone around $0.03737, this level has been tested and respected multiple times by the GETTEX:STP , making it a crucial support area to watch. It’s also where we find a bullish order block, suggesting that buyers are likely to step in at this level.
💎Within the support zone, this order block indicates strong buying interest, providing further support for a potential bullish move. The bullish outlook will be invalidated if the $STPT falls below the major support zone at $0.03565. This level is key for maintaining the current structure.
Stay focused, patient, and disciplined, Paradisers!
MyCryptoParadise
iFeel the success🌴
STPT buy setupBy maintaining the green range, it can break the trigger line and move to the red box.
On the chart, we have a bullish iCH, which can be the first sign for a pullback towards higher supplies.
The target is the red box.
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
STPT LOOKS BULLISH (1D)It looks like the big wave B is over and has entered the ascending wave C.
By maintaining the green range, it can move towards the TPs. Closing a daily candle below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$STPT Breakout and retest inverse head and shoulders pattern **$STPT Breakout and retest inverse head and shoulders pattern **
The inverse head and shoulders pattern is a reversal pattern that can indicate a potential change in the trend from bearish to bullish. It consists of three troughs: a lower low (head) between two higher lows (shoulders). Here are the steps to trade the inverse head and shoulders pattern:
1. **Identify the Pattern:**
- Look for a downtrend in the price chart.
- Identify the three troughs that form the inverse head and shoulders pattern.
2. **Confirmation of Pattern:**
- Confirm the pattern by checking if the second shoulder's low is higher than the first shoulder's low.
- Volume analysis can be useful. Typically, the volume is higher during the formation of the head than during the shoulders. As the pattern completes, the volume should diminish.
3. **Neckline Breakout:**
- The neckline is a horizontal line connecting the high points of the two shoulders. Wait for a clear breakout above this neckline.
- The breakout should ideally be accompanied by a surge in volume, indicating strong buying interest.
4. **Confirmation of Breakout:**
- To avoid false breakouts, wait for confirmation. Some traders wait for a daily close above the neckline to confirm the breakout.
5. **Price Target:**
- The distance from the head to the neckline can be measured and added to the breakout point to estimate a target price. This is a potential target for the upward move.
6. **Stop-Loss:**
- Set a stop-loss order below the neckline to manage risk. If the price falls back below the neckline after the breakout, it may indicate a false breakout.
7. **Risk Management:**
- Consider the risk-reward ratio before entering the trade. Ensure that potential profits are worth the risk taken.
8. **Monitor the Trade:**
- Keep an eye on the trade as it progresses. Look for signs of strength or weakness in the price movement.
9. **Consider Other Indicators:**
- Use other technical indicators, such as moving averages or relative strength index (RSI), to confirm the strength of the trend reversal.
10. **Patience:**
- Be patient and allow the trade to develop. Not all breakouts lead to sustained trends, so monitor the market conditions.
Remember that no trading strategy is foolproof, and there is always a risk of losses. It's crucial to combine technical analysis with risk management and stay informed about market conditions. Additionally, practice on a demo account before implementing any new trading strategy with real money.
FTM HACK NEWS: NEAR TWO YEAR SUPPORT Recently, the company of the coin, Fantom Foundation were the latest victims of coin hacking. From a price perspective, this can be a bearish sentiment for traders as it questions its overall security and integrity of the blockchain. For more detailed information regarding this news, check out the links listed below (all on TradingView):
www.tradingview.com
www.tradingview.com
In this weekly chart of BINANCE:FTMUSDT above, the price is on pace of touching the support line for the third instance from July 2021. The coin is still on a downtrend and a breakdown could be possible if we will have another hacking cryptocurrency, hopefully not.
On an indicator perspective, our RSCD (RSI and MACD) is still bearish from a daily perspective.
Thus, I still have bear bias for the coin unless we see a bullish reversal by looking at the chart below. I plotted a months-long resistance line for a potential breakout scenario. This could happen before the month ends.
Always plan your trades.
Happy trading :)
STPT/USDT what next? 👀 STPT Today analysis💎 Paradisers, turn your attention to STPTUSDT! We've observed a captivating trajectory as it firmly anchors at a crucial demand level, setting the stage for potential outcomes.
💎 In our prior observations, STPT successfully surpassed a descending channel, initiating an upward trend. However, after facing rejection from a supply point, it revisited the channel's support. Currently, it's poised for a significant leap towards a formidable resistance, all while operating within the demand zone. This presents us with two potential scenarios:
💎 The price embarks on a bullish journey, breaking through the robust resistance, leading to an upward continuation.
💎 Conversely, if the price dips below the demand zone, we might see it approaching the support level once more.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
STP (STPT) formed bullish BAT move for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of STP (STPT) with US Dollar pair
Previously we caught almost 29% pump of STPT as below:
Now on 2-hr frame, STPT has formed a bullish BAT move for the next price reversal.
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.
STP (STPT) forming bullish BAT move for upto 31% pumpHi dear friends, hope you are well and welcome to the new trade setup of STP (STPT) with US Dollar pair
Previously we caught almost 40% pump of STPT as below:
Now on a 2-hr time frame, STPT is about to complete a bullish BAT for another price reversal.
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
STP (STPT) formed bullish BAT move for upto 24% pumpHi dear friends, hope you are well and welcome to the new trade setup of STP (STPT) with US Dollar pair
Previously we had a nice trade of STPT as below:
Now on a 4-hr time frame, STPT has formed a bullish BAT pattern for another price reversal move.
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
STPTUSDT#STPTUSDT
we have very important and strong support zone in 07/2021 price flew from this powerful support zone TO 600% dont's miss up this opportunity buy and hold it to the next targets at the chart RSI showing bullish EMAs showing a bullish move MACD is showing bullish ZELMA is neutral Ichimoku cloud is bullish Accumulation distribution is bullish Fib retracement is neutral
STPTUSDT Daily tf Range Updated till 12-09-22STPTUSDT(Standard Tokenization Protocol) Daily timeframe range. A decent chart. funny part is even tho in the crypto downtrend it never reached its old low's or create one while having minimum volume and less retail interest. some quality performance their. but as of those massive wicks its a high risk and reward alt and used by p and d groups. so better be careful while trading it.
STPTBTC - 20 000% opportunity! + Huge Base / Head and shoulders!- We have a massive base on the weekly timeframe / inverse head and shoulders!
- If you love bases as much as I do, then this is definitely your opportunity for great gains!
- Volume looks solid, no bearish pressure and we have a massive volume spike, which is always good to see.
- The price is currently above the POC level, so we can expect a pump any time soon.
- You can buy a breakout above the base for a safe trade with confirmation.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Standard Tokenization Protocol Chart AnalysisLet's have a look at STPTBTC.
We have a long-term consolidation phase.
We say this based on the sideways action that has been happening since October 2021.
After the price peak, strong volatility developed and finally the price stabilized in a tight range.
Very low volume in a tight range = A breakout can happen anytime.
It can go either way but the bulls have the upper hand, technically, as prices are trading above the moving averages.
You can have more data by looking at the chart.
Thank you for reading.
Be safe!
Namaste.
STPT try to break out falling wedge#STPT/USDT
$STPT trying to break oy from falling wedge. if this happening price will head up toward resistance zone around $0.12 and break out from this resistance can increase price to touch resistance zone between $0.16 and $0.2
there is a support zone around $0.74 which is the same with long term ascending support, that price may have touch it in pullback after break out from falling wedge.
break down from ascending support line will invalid this analysis.
🆓Standard Tokenization Protocol (STPT) Dec-5 #STPT $STPT
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.09$ zone
🔴Buy : 0.1 - 0.09
🔴Sell : 0.13 - 0.17 - 0.23
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.09$ zone
🔵Sell : 0.09
🔵Buy : 0.07
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section