STPTUSDT.P trade ideas
STPTUSDT - Long - Potential 20.19%338) STPTUSDT - Long - Potential 20.19%
Entry- 1926
TP1- 2102
TP2- 2319
SL- 1782
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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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STPTUSDT ANALYSISI am bearish at the moment .It is crossing up trend line and it goes below the up trend line
If you hold this coin , time to sell it
Buy this coin when it breaks the up trend line and before you buy this coin wait 1 candle open- close totally above the up trend line ( about $ 0,2228)
Also if you want to buy this coin buy at the support line( $ 0,1382)
However, EngineeringRobo gave Sell 1 & Sell 2, Bear and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment.
If you want to use EngineeringRobo please dm me.
STPTUSDT - Long - Potential 10.45%STPTUSDT - Long - Potential 10.45%
ENTRY: 2296
TP1: 2435
TP2: 2536
STOP: 2121
Let us know how you get on & if you like it, then hit like on the idea & happy trading!
STPT/USDT resistance and support, both weak.The STPT/USDT pair on binance indicates very little resistance above, and very little support below.
Due to the volatile nature of low-volume assets, traders should be diligent about a risk management strategy. Great rewards come with great risk. No need to bet the house on this one, but it might be one to keep an eye on.
In terms of fundamentals, I'd like to see more, but again, very little overhead resistance. Would require very little to move this coin.
The convergence of a potential retracement to prior horizontal support zone with the upward trendline might be a good secondary entry if scaling in feels too risky.
Do your own research, and keep an eye on BTC.
Good luck.
STPTUSDT ANALYSISThe candles are stuck in the 2 dashed trend line, so they continue until the resistance line(0.02304). Then, they will pass the resistance line(0.02304), and it will turn the support line.
Until that day, If you want, you will enjoy your small profit. Do not use EngineeringRobo:)
STPT analysis McGinley Dynamic, Bull and buy signals show that this chart is bullish. Once it goes below the McGinley dynamic or we get sell signals, we must sell. LISTEN to engineering robo. If you would like access to engineering robo, please dm me.
STPTUSDTSTPTUSDT, the trend has been increasing and just broke the uptrend line.
Watch the trend if it goes down and you wait for an open-close candle then sell it.
If it goes up, keep your eyes on the resistance line (the yellow one), wair for an open-close candle then buy.
SPTPUSDT Trading PlanDaily:
-MACD had a bullish cross
-RSI also in the bullish area
-10DMA praparing to crrss 20DMA
-200% increase in volume in the last 7 days
-looking for a long entry on the pullback from this move up (0.5-0.618 fib zone)
-could also just confirm getting out of the range, retest top part of the range by turning DEMA55 into support
Tools
EMA's 8/13/21/55 (scalp)
MA's 10/20/50/100/200 (swing trade)
RSI , MACD , VOLUME , FIBONACCI,DIVERGENCE
STANDARD PIVOTS , CANDLES, TRENDLINES
STPT/USDT (Sign of Strength? Potential Break)STPT/USDT
-bullish rejection at previous support
-testing trendline resistance multiple times
-if we see closed above these two resistance lines
-buy position is the ideal entry
-bulls need more strength to break it
-since BTC Dominance is dropping
-we will have a higher chance of going up
Standard Tokenization Protocol vs TetherUS Chart AnalysisWe looked at Standard Tokenization Protocol (STPTBTC) on Bittrex and the pair went on to print 500%+ , see it here:
This happened after this pair was added to Binance.
Now, we are looking at the USDT pair (STPTUSDT), this is a young chart.
Since there is no history, it can go either way.
Looking at the market cycle and the BTC pair, this one might be preparing to move up.
Prices are now trading above EMA10 and the RSI is trending up.
If prices drop below EMA10, the bearish bias comes back on.
Thanks a lot for your support.
Namaste.
