Long
STR chart analysis
After XRP annouced their partnership with MoneyGram we saw a bull break on the consolidation pattern that was forming in the chart. As STR is keeping a strong correlation with XRP, it broke his consolidation pattern aswell.
As you can see, the correction may have come to an end. The Fibbonacci Retracement was projected with the 0.618 level from the all time high to the end of the first correction wave.
As you can see, the correction may have come to an end. The Fibbonacci Retracement was projected with the 0.618 level from the all time high to the end of the first correction wave.
Nota
We need to break 0.618 level to confirm that the bulls are in control.Watch for that resistance breakout and the pullback after that for a good entry.
Nota
Now we may see the pullback. I will place my buy order at 0.59 usdt and stop at 0.473My first target will be at 0.749
Second target i will wait and see if the bullss can break the ATH... If they are able to do this my target will be at 1.39
Nota
Nota
Nota
Going to test the resistance again
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.