The coin has formed a descending structure in the form of a triangle with the compression of the price maxima along the trend line, which indicates the presence of limit sellers. The price is shrinking near a strong support level, which was confirmed by a lot of touches with the accumulation of stops of long participants.
STMXUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.0080.
stmxusdt speculative view stmxusdt on weekly looks like made a higher low since it started the consolidation phaze and now looks good for good long position trade at least to its previous ATH- about 20x look for short if rejects 7490 area look for longs if close above 8090 area *** Tolerance will reach such a level that intelligent people will be banned from...
ALREADY have msb and im going to long at 0.00669 and Might DCAaround 0.0062 area. i'm Preety bullish on this
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol. It looks like a falling triangle is formed. It can drop to the green box in the first step. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any...
STMX Short position using fibonacci retceiment with trend line
Entry: 0.00683 SL: 0.00656 TP1: 0.00710 TP2: 0.00737 TP3: 0.00791 The argument for this trade is the exhaustion of the correction and break of the descending trendline. Even if the correction movement continues to the downside, I expect at least TP1 to be hit, eliminating the risk from the trade.
STMX has broken trend and retested it as resistance now we have targets for a short. In my opinion those targets line up with all the old support zones created on the rise of trend over the last 2 weeks. How low can it go? major order block at 0.0054
Considering that this currency has hit the middle of the bearish target and is in the support range, the probability of its rise is high.
$STMX🧐HTF Perfect straight forward look here, At resistance of ascending triangle, Break & close above would have a technical target equal to the resistance at the recent breakdown level. Noted in chart.. ✍
BINANCE:STMXUSDT STMX/USDT 4-hour short trade opportunity The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours. Overall, this is a Bearish setup for STMX/USDT, and a Short position could be...
after long downtrend finally stmx showing signs of strength expecting decent recovery in coming weeks descending channel breakout has already confirmed in weekly tf rsi printed massive bullish divergence now i am expecting retest and incase of successful retest expecting massive bullish rally in midterm expecting 400%+ Bullish wave
Signal: Red -> Green Context: Green Bottom Structure is developping DISCLAIMER This is only a personal opinion and does NOT serve as investing NOR trading advice. Please make your own decisions and be responsible for your own investing and trading Activities
It is printing LH and LHL, with no divergence noted. Aiming to enter instantly with SL set at last LH and TP at 1:1 R/R ratio.
plenty of confluence for a bounce here but will the need to fill the fvg out weigh it either way im waitin to see how this tracks
helo dear friends & traders this is my idea about the next movement of stmxusdt in 4h time frame... i will be happy to hear your comments... let me hear your comments
BINANCE:STMXUSDT , rejected the main trendline on 1D view STMX couldnt break the trendline. Lower support is 0.5 - 0.52, that should be the epic buy zone for next breakout. Keep eyes on it. Enjoy!! Follow me for more chart analysis. Patience is the key to success. DYOR