#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
Stptlong
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
STPT Retraced, Reversal LikelySTPTUSDT 12H.
The STPT token is an ERC-20 platform token that allows users to participate in events like airdrops, bounties, Micro Token Offerings, and virtual staking. Additionally, STPT can be used as a payment currency for services within the ecosystem.
Oct 5 there was a huge pump. It dropped down, bounced near GP, but bulls couldn't hold up, retested it and broke below GP slightly. Luckily the Bulls held strong at the Key Support level . Now that's a retracement that's near 65%.
Ranging between minor resistance and support level as seen on chart , with one attempt initially made to break up
Currently trading in the GP Zone .
Daily RSI TF is bullish .
Reversal is highly likely , high probability of upward movement again. Given BTC is stable, this idea will play out .
PS : Based on a follower's demand, I have analyzed this token.
Follow @CryptonKidd for more analysis and ideas.
STPT/USDT (Bearish Daily Pattern?)💎Technical Analysis Summary💎
BINANCE: STPTUSDT
-STPT is forming a Bearish H&S pattern
-The confirmation here is the break down of the neckline support
-You can enter a Sell position on the breakdown or pullback
-Downside target is 0.012-0.011 dollars
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