Long
#STMX/USDT
#STMX
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.001610.
We are experiencing a downtrend on the RSI indicator, which is about to be broken and retested, supporting the upward trend.
We are in a trend of consolidation above the 100 Moving Average.
Entry price: 0.001926
First target: 0.002150
Second target: 0.002380
Third target: 0.002730
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 0.001610.
We are experiencing a downtrend on the RSI indicator, which is about to be broken and retested, supporting the upward trend.
We are in a trend of consolidation above the 100 Moving Average.
Entry price: 0.001926
First target: 0.002150
Second target: 0.002380
Third target: 0.002730
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.