Stealth Breaking Out Against Bitcoin
Stealth is one of the coins that doesn't face a huge down fall crisis comparing other alternate crypto currencies. It was in a downward falling wedge trend since May. Both RSI and Volume are showing good progress after the weekend. If volume just get a little better and it closes breaking the trend resistance line around 3340 satoshi's we might see a potential rally towards the next fib levels in the next 2 weeks.
This might be a risky trade specially when we see the dependency of the alt market on bitcoin so we should use a partial long strategy while accumulating.
Short term target should be the 23.6% fib level at 4639 satoshi's.
Mid to Long term accumulation might go upto 9953 sats at 78.6% fib level which might take some time to accomplish though. Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in
your legal jurisdiction. All information stated here and in our reports don't gurantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
This might be a risky trade specially when we see the dependency of the alt market on bitcoin so we should use a partial long strategy while accumulating.
Short term target should be the 23.6% fib level at 4639 satoshi's.
Mid to Long term accumulation might go upto 9953 sats at 78.6% fib level which might take some time to accomplish though. Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in
your legal jurisdiction. All information stated here and in our reports don't gurantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
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