larsmrtns

Starlaunch: Topped out locally and a very good buy

Long
FTX:STARSUSD   StarLaunch
STARSUSD is really new, so there's not a huge degree of TA that's possible. What is clear, however:
  • There is a local high (1h-4h)
  • There was a very bouncy bounce on some candles
  • The price action has been bullish as f since its start and I don't see anything that makes me thing it's not going to continue for at least another leg up

    This leads me to the following ideas:
  • If the 4h finds support at one of the support lines or the 0.618 Fib..
  • Or if there's a 4h close above the previous highest close..

    -> Long!

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