Starknet
Who’s farming this narrative pump and who’s actually trading the chart? After the recent mainnet and ecosystem headlines, according to the market there’s fresh attention on L2 names and Starknet is back in rotation. Today we saw a fast spike into that orange supply zone and an equally fast rejection - classic “news gets you in, levels decide if you stay.”
On the 4H chart price just tapped into resistance around the upper orange band while RSI is stretched near overbought and curling down. Volume on the push up was strong, but this first touch looks more like profit taking than a clean breakout, so for now I lean short term pullback before any serious attempt higher.
My base plan: I want a dip back into the green demand area to see if buyers defend it. If we hold that zone and RSI cools off, I’ll look for a long toward the mid black zone and then a retest of the orange highs ✅ If price loses the green block and closes below it, I assume bulls fumbled the bag and I’ll stand aside or look for a deeper fade. I might be wrong, but chasing right into resistance usually ends with funding your broker’s weekend.
Who’s farming this narrative pump and who’s actually trading the chart? After the recent mainnet and ecosystem headlines, according to the market there’s fresh attention on L2 names and Starknet is back in rotation. Today we saw a fast spike into that orange supply zone and an equally fast rejection - classic “news gets you in, levels decide if you stay.”
On the 4H chart price just tapped into resistance around the upper orange band while RSI is stretched near overbought and curling down. Volume on the push up was strong, but this first touch looks more like profit taking than a clean breakout, so for now I lean short term pullback before any serious attempt higher.
My base plan: I want a dip back into the green demand area to see if buyers defend it. If we hold that zone and RSI cools off, I’ll look for a long toward the mid black zone and then a retest of the orange highs ✅ If price loses the green block and closes below it, I assume bulls fumbled the bag and I’ll stand aside or look for a deeper fade. I might be wrong, but chasing right into resistance usually ends with funding your broker’s weekend.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
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.
SIGNAL INDICATOR
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
NO REDESIGNING
✅Buy&Sell according to 7 strategies
✅Technical analysis according to 30+ parameters
✅WinRate of signals up to 75%
✅RR 1k3, no deep drawdowns!
Free test drive using my link:
👉t.me/Multiindicator_bot
Related publications
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.