#STG/USDT Analysis
Description
- STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards.
- No matter in which direction the price breaks the triangle I see a good trade opportunity.
- If the price breaks above the resistance line then we can enter a LONG trade around 0.6593
- If the price breaks below the support line then we can enter a SHORT position around 0.6200
LONG Entry: 0.6593 | StopLoss: 0.6200 | Target 1:0.6807 , Target 2: 0.7197
SHORT Entry: 0.6200 | StopLoss: 0.6593 | Target 1: 0.6015, Target 2: 0.5660
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
- STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards.
- No matter in which direction the price breaks the triangle I see a good trade opportunity.
- If the price breaks above the resistance line then we can enter a LONG trade around 0.6593
- If the price breaks below the support line then we can enter a SHORT position around 0.6200
LONG Entry: 0.6593 | StopLoss: 0.6200 | Target 1:0.6807 , Target 2: 0.7197
SHORT Entry: 0.6200 | StopLoss: 0.6593 | Target 1: 0.6015, Target 2: 0.5660
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Note
Pump pump pump... ProfitsNote
We went with the LONG trade as price went up. Target 1 reached. Enjoy the profits
Enhance. Trade. Grow
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✈️ Telegram: t.me/VectorAlgo
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🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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.