Standard Tokenization Protocol Chart Analysis

Let's have a look at STPTBTC.
We have a long-term consolidation phase.
We say this based on the sideways action that has been happening since October 2021.
After the price peak, strong volatility developed and finally the price stabilized in a tight range.
Very low volume in a tight range = A breakout can happen anytime.
It can go either way but the bulls have the upper hand, technically, as prices are trading above the moving averages.
You can have more data by looking at the chart.
Thank you for reading.
Be safe!
Namaste.
We have a long-term consolidation phase.
We say this based on the sideways action that has been happening since October 2021.
After the price peak, strong volatility developed and finally the price stabilized in a tight range.
Very low volume in a tight range = A breakout can happen anytime.
It can go either way but the bulls have the upper hand, technically, as prices are trading above the moving averages.
You can have more data by looking at the chart.
Thank you for reading.
Be safe!
Namaste.
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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.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
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.