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.
STPTUSDT
STPT TRENDChart shows two possible price movement in the coming days. This chart indicating a perfect entry point has already been published yesterday but was restricted due to some violations. You can buy btw current price and some lows and stop loss as 4.187 (4.5% risk)
Your likes and comments would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
STPT/BTC (Daily Swing Support Failing?)💎Technical Analysis Summary💎
BINANCE: STPTBTC
-STPT is starting to break its daily key level of support around 102s sat
-This is quite too Bearish as we can a strong waterfall from 170s sat
-Guys, please don't try to guess the bottom
-If the Altcoin market is totally Bearish, Key Levels are useless
-Always wait for any signs of strength or market reversals
-Before taking your next trade idea and reducing the risk is a must
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
STPT/BTC (Back at Key Level Support)💎Technical Analysis Summary💎
BINANCE: STPTBTC
-STPT is rejected strongly at 220 sat area
-The price fell back to its key level support
-This is a strong indication that the Bears are always ready
-Retesting key support for the 3rd time is not good
-Because it becomes weaker over time
-If this support will fail next time
-The next key level is around 120s sat area
-Please be cautious and use proper stop loss location
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
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
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
``````````````````````````````````````````````