$STBU Token on the 13th April 2021 imminent for breakout?
About $STBU:
An award - winning company that provides technology tools to streamline all operations with securities such as raising capital, secondary trading, investor relations, and makes capital markets more accessible and transparent.
Market Cap: $1,683,248 on 1st April 2021, damn f$%$$king low. Get in now.
Based on:
4 Hourly Chart as there has been 3 recent breakouts before consolidation. Currently 4th breakout imminent but may take slightly longer. PLEASE READ THIS CHORNOLOCIALLY AS PER NUMBERING.
1) Main resistance line:
Main resistance line on 21st, 27th & 31st March 2021 was established as head and shoulder pattern was identified on these 3 separate dates.
2) Head and Shoulders:
Head and shoulders were then formed to illustrate for visual clarity on the bullish pattern formed. However, when looking back at main resistance line and red candles forming the bullish pattern, there were a lot of panic sellers selling after each accumulation. This shows psychological pressure selling.
3) Market Cipher Momentum Wave (Blue Waves + Green Dots on the Market Cipher B)
Green dot of momentum wave trigger and give signal on 20th March 2021 = successfully give signal for 21st March 2021
Green dot of momentum wave trigger and give signal on 25th March 2021 = successfully give signal for 27th March 2021
Green dot of momentum wave trigger and give signal on 30th March 2021 = successfully give signal for 31st March 2021
This is a confirmation signal.
No green dot formed yet to give signal on the next breakout.
4) Money Flow Indicator (Red bar on the Market Cipher B)
All money flows on the 21st , 27th & 31st March 2021 were red, which means people were panic selling more than buying and holding. This will also mean that a great likelihood whales with big wallets are holding these coins and dump them which shows the repeated breakdowns after the high price action on all the 3 dates. This is a confirmation signal.
5) Trendline:
Trend line (strictly trends without consideration to market sentiment and fundamental analysis news) was placed on the right shoulder where red candle indicating the opening price on 1st April 2021 to be at 0.243. Trendline hits on main resistance line on 13th April 2021. This is a confirmation signal.
6) Projection Price:
Referenced to trendline hitting onto the main resistance line, projected price to be at 0.3064481 on the 13th of April 2021. Then, let's see if this coin pass through main resistance and reach a higher high.
PLEASE READ THIS CHORNOLOCIALLY AS PER NUMBERING.
DO YOUR OWN RESEARCH. GOD BLESS. Just to take note, this coin has a very low market cap at $1,683,248 on 1st April 2021. Get in now.
An award - winning company that provides technology tools to streamline all operations with securities such as raising capital, secondary trading, investor relations, and makes capital markets more accessible and transparent.
Market Cap: $1,683,248 on 1st April 2021, damn f$%$$king low. Get in now.
Based on:
4 Hourly Chart as there has been 3 recent breakouts before consolidation. Currently 4th breakout imminent but may take slightly longer. PLEASE READ THIS CHORNOLOCIALLY AS PER NUMBERING.
1) Main resistance line:
Main resistance line on 21st, 27th & 31st March 2021 was established as head and shoulder pattern was identified on these 3 separate dates.
2) Head and Shoulders:
Head and shoulders were then formed to illustrate for visual clarity on the bullish pattern formed. However, when looking back at main resistance line and red candles forming the bullish pattern, there were a lot of panic sellers selling after each accumulation. This shows psychological pressure selling.
3) Market Cipher Momentum Wave (Blue Waves + Green Dots on the Market Cipher B)
Green dot of momentum wave trigger and give signal on 20th March 2021 = successfully give signal for 21st March 2021
Green dot of momentum wave trigger and give signal on 25th March 2021 = successfully give signal for 27th March 2021
Green dot of momentum wave trigger and give signal on 30th March 2021 = successfully give signal for 31st March 2021
This is a confirmation signal.
No green dot formed yet to give signal on the next breakout.
4) Money Flow Indicator (Red bar on the Market Cipher B)
All money flows on the 21st , 27th & 31st March 2021 were red, which means people were panic selling more than buying and holding. This will also mean that a great likelihood whales with big wallets are holding these coins and dump them which shows the repeated breakdowns after the high price action on all the 3 dates. This is a confirmation signal.
5) Trendline:
Trend line (strictly trends without consideration to market sentiment and fundamental analysis news) was placed on the right shoulder where red candle indicating the opening price on 1st April 2021 to be at 0.243. Trendline hits on main resistance line on 13th April 2021. This is a confirmation signal.
6) Projection Price:
Referenced to trendline hitting onto the main resistance line, projected price to be at 0.3064481 on the 13th of April 2021. Then, let's see if this coin pass through main resistance and reach a higher high.
PLEASE READ THIS CHORNOLOCIALLY AS PER NUMBERING.
DO YOUR OWN RESEARCH. GOD BLESS. Just to take note, this coin has a very low market cap at $1,683,248 on 1st April 2021. Get in now.
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