tuntheterrible

Long on STMX - Set up very nicely

Long
BINANCE:STMXUSDT   STMX / TetherUS
We broke the ascending channel and fell below the trend line possibly to retest near the 50-61.8 FIB retracement zone.
We could see a nice upward trend once our pullback is completed.

Possible entry points - 0.052 USD
Target T1- 0.8, T2 - 0.12648, T3 - 0.15971
SL - 0.042

Educational purpose only. Not financial advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.