#STMX/USDT#STMX
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.004610
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.005170
First target 0.005436
Second target 0.005700
Third target 0.006093
Stmxusdtshort
#STMX/USDT#STMX/USDT
We have a period of perfect head and shoulders formation.
We are now at the formation of the right side of Pattern.
The decline is expected to be completed
The first target is 0.008404
The second goal is 0.007060
The third goal.006620
STMX/USDT 4-hour short trade opportunityBINANCE:STMXUSDT
STMX/USDT 4-hour short trade opportunity
The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours.
Overall, this is a Bearish setup for STMX/USDT, and a Short position could be considered.
Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
STMX short position until 26 januaryWe've seen in LTF bearish momentum yesterday, opening short position on chart expecting corrective wave until 5 minute fractal to grab liquidity below 0,00460$
STMX/USDT bias 📈🌱Strong sell pressure here confirmed on bigger time frames also(Trend confirmed in H4 and H1, Price below cloud). Just waiting for a perfect entry below 0.00898 before we call a short signal. Let's see how this play out!
STMXHello traders. I expect the price to fall to the bottom of the downtrend channel after a price increase and the creation of a -HD. Be profitable. Are you agree?
