STGUSDT trade ideas
🔥 STG Showing Strength After Sell-OffI haven't seen many STG analyses around yet. However, this token has seen incredible growth in the past month, so it becomes hard to ignore a top-performer.
After reaching a value of around $0.95, and consequentially the top resistance, STG has sold off quite significantly. However, it appears to have found support at the bottom of the channel.
In my view, there's a high probability that this top performing token will see gains in the near future. I'm aiming for a move all the way to $1 in the coming days/weeks.
STGUSD Long Signal📌 Traders, are you ready for some profit-making action? STG is backtesting the local support in the 1H timeframe, and the charts are SCREAMING BULLISH! This could be a golden opportunity for short to mid-term investments, so don't miss out.
Short-term traders, day traders, and scalpers, it's time to grab your trading guns. Look for an entry at 0.71-0.72 and aim for the latest peak.
Longer-term players, be patient, wait for a better entry at 0.6x, buy a SPOT, and watch your investment reach a new All-time-High.
Scalpers, here's the gameplan:
📍 Entry: 0.71x-0.73x
📍 Stop Loss: 0.66x
📍 Take Profit: 0.8xx
Always trade at your own risk and never risk more than you can afford to lose. Happy hunting!
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.
$STG. Stargate Finance Buyzone and target.Multichain is one of the industry targets in the future. The concept of storing assets in one chain, and interacting/using the dApps on another is always exciting and necessary for a mass-adoption future.
That is why multichain infrastructure projects such as bridges, oracles etc... was always one of the most important ones in the industry right now. Stargate is one of them.
Chainslab was always fascinated by Stargate and its development. But their tokenomics, on the other hand, is not quite as impressive as their technological mechanism.
At the time of writing, their market cap is about $60 Million, with FDV of ~$456M, and only 13% of the total supply is circulating.
That mean, after listing on Binance, their token prices are getting lower every day and there is a high chance that $STG can get even lower.
Our target for $STG in the next 2 months is ~$0.36 - $0.38. This might be the accumulation zone before $STG can reach back to higher levels.
Buyzone: $0.36-$0.38
Target: $0.8 - $1.
Stoploss: Under $0.34.
And make sure that you always use stop-loss if there is an exploit on their contracts. Bridges have always a good target for hackers recently. DYOR before investing as always.
STGUSDT | KEY LEVELSTG has been trading with in a descending triangle .
The price has been converged.
Now the price has trading above the breakout of triangle and near the horizontal resistance zone .
The same zone is also a breakout zone for further bullish trend continuation.
The bulls need to break above the resistance and horizontal support.
Manage your trades accordingly.
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.