STG - idea for last correction before up reversal
STG is one of my favorite tokens and crypto projects. Mostly for trading. But I would like to have a bag either. That's why I watch it not only for daily trading (I am not a daily trader at all, prefer the formula "buy low, sell high). It looks like STG is at his "last leg down" phase. It is healthy to reach 0.147 on the Fibonacci retracement level.
The only thing that makes me uncertain about buying STG at these levels is the information that FTX will be urged to sell the quantity they have. So, maybe I'll not buy it for the upcoming Bull market, but will continue to follow and trade it.
NB! I am not professioanl trader. The chart and thoughts are only an idea, not financial advice.
The only thing that makes me uncertain about buying STG at these levels is the information that FTX will be urged to sell the quantity they have. So, maybe I'll not buy it for the upcoming Bull market, but will continue to follow and trade it.
NB! I am not professioanl trader. The chart and thoughts are only an idea, not financial advice.
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