Stargate Finance chart is interesting; an ascending channel in which STG bounces off from lower and upper lines. Also, it seems the previous two sharp uptrend waves were followed by downtrend waves which unfolded in curved way. Could the trend be repeated and we see another sharp uptrend wave? Let's see what happens.
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STG broke the second curved downtrend line.
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After STG broke the second curved downtrend line, it went into correction phase. Now, it seems an upward wave started. Let's see if STG can break the minor downtrend line.
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So, as it turned out, STG is moving in an inverted wedge pattern and is currently at the bottom; the next upward wave could be big and interesting. Let's see what happens.
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So, STG is right on track, going up toward the inverted wedge's upper line. Let's see what happens.
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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.