It is in a bearish channel that has broken the $3 border resistance and returned to it.
It is expected to reach the roof of the channel
Let's have an increase.
The targets are indicated in the picture.
#STMXUSDT #STMX #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT
$STMX holds above ascending support, which is the same with SMA20. also RSI is above HMA in daily and 4h time frames.
🐮 price has to break out from resistance zone and descending resistance that is the same with SMA200, then it can fly more than 100%.
STMXUSDT has been in a downtrend after defining a top. The price action has making lower lows and lower highs. Currently, it is approaching to a horizontal support level where price action may show some upside.
Trade your levels accordingly.
Gradually we reach the support range of 0.0044,0.00406, which is very important and a good place to invest.
Green lines are numerical targets for the medium term
*But I have a long-term investment offer of at least 1.5 years *
Strong sell pressure here confirmed on bigger time frames also(Trend confirmed in H4 and H1, Price below cloud). Just waiting for a perfect entry below 0.00898 before we call a short signal. Let's see how this play out!
As it is very volatile market today, be careful with volume .
STMX level is awesome since it's a round number and usually there a lot of stop-losses hidden behind such levels, which could become fuel for our short.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Today FED releases inflation predictions
⭐️ Strong level
⭐️ Round number
⭐️ Formation is close to an end