Many alts sitting at their lows have similar setup and structure.
Risk to reward, worth taking a shot, just manage your stop loss. We can always look for another entry if it drops. If you wanna play it safe, put the SL tight and close below the last low.
Targets as shown via fib extension, fib retracement and resistance levels. Target those areas by spreading your TP sell orders
NFA.
A major breakout could lead to another high on STG
will update....
Let us know if you have some ideas to share, leave a comment and smash those likes to help support and grow the channel. Let us know if you bank profits on my setups
Thanks & happy safe trading
Risk to reward, worth taking a shot, just manage your stop loss. We can always look for another entry if it drops. If you wanna play it safe, put the SL tight and close below the last low.
Targets as shown via fib extension, fib retracement and resistance levels. Target those areas by spreading your TP sell orders
NFA.
A major breakout could lead to another high on STG
will update....
Let us know if you have some ideas to share, leave a comment and smash those likes to help support and grow the channel. Let us know if you bank profits on my setups
Thanks & happy safe trading
Nota
upper targets are along the upper channel trendlineIF we push up, you can trail the stop and let it ride risk free. Ideally, take most your profits before $1.45 resistance, in chucks along the way. ABove that is the greed zone, we want to be de-risked and in the money before that.
Nota
clearer view without the mess 
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.