STRKUSDT 2DSTRK Update ~ 2D
#STRK The purchasing range for this is very wide. however, This is a very good accumulation area for now. If you still have Conviction on the coin,. buy gradually inside this support block,.
STRKUSD
STRKUSDT 2DSTRK Update ~ 2D
#STRK If you still have Conviction on this coin,. This support block would be a very good buying place for now,. Buy in stages with a short term target of at least 20%++
Starknet STRK Is Escaping The Dead Zone!Hello, Skyrexians!
Today we are going to introduce for you the analysis of the most hated altcoin of 2024. We are talking about BINANCE:STRKUSDT . You have many reasons to not like this crypto because since it's listing it's is only going down, showed almost the biggest drawdown of all crypto market. Several months ago Starknet has reached the dead zone and we told in this article that it will finally go up. We made a mistake with timing, but it looks like we finally were right with the potential price move.
Let's take a look at the 2 days time frame. We can count listing pump as the wave 1 after that price is forming wave 2 in shape of zigzag ABC. We marked only subwaves inside wave C inside wave 2 to not overwhelm the chart. Awesome Oscillator shows the minimum value in wave 3. After that it crossed zero line and pulled back below zero again but formed the bullish divergence between wave 3 and 5. You can tell, that wave 5 is shorter than wave 3, but it can be the case. We can see the wave 5 finish on the AO.
Also want you to pay attention on our new indicator Fractal Trend Detector which demonstrated the strong bear market with the red zones, acted as a resistance in wave 2 and 4. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . Recently this indicator turned green indicating the start of the uptrend. The invalidation price now is located at $0.43.
As a result, STRK has a great chance to escape this dead zone and reach unbelievable targets. If wave 2 has been really finished, currently price is printing wave 3. It means that there is a high probability of reaching the Fibonacci 1.61 and 2.61 targets at $12 and $20.
Best regards,
Skyrexio Team
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STRK - 300%STRK after exiting this lateral channel, where it accumulated, has nothing else to do but try to go up. Of course, there may be a few more stops (accumulations and reaccumulations) on the upward trend, but the end can bring a gain of over 300%
STRKUSDT - Targeting a 200% Gain PotentialSTRK/USDT has been in a prolonged downtrend, but the recent price action shows early signs of potential accumulation. We’re now at a level where buyers may start stepping in, creating a base for a possible reversal. This setup suggests that STRK could be positioning itself for a significant upward move.
Why This Trade?
Historical Support: After a lengthy decline, the price has found a potential support zone where selling pressure has lessened, hinting at an accumulation phase.
Volume Dynamics: Volume spikes during recent consolidations suggest interest from buyers at this level, which could lead to a breakout if the trend shifts.
Risk-to-Reward: With a clearly defined entry point and manageable stop level, this setup offers a high reward-to-risk ratio, targeting a possible 200% gain on a bullish continuation.
As always, patience and discipline are key. The market may take time to unfold, but if the reversal is confirmed, this could be an excellent opportunity to ride the trend.
dYOR
Hedonist
STRKUSDTSTRK ~ 1D
#STRK If you have Conviction on this coin,. Maybe this will be a very good support block to start accumulating from here.
STRKUSDT Forms Bullish Flag PatternSTRKUSDT technical analysis update
STRK price has formed a bullish flag pattern on the 1H chart, with the price moving toward the flag's resistance line for a potential breakout.
We can enter the trade once the breakout is confirmed on the 1H chart.
Regards
Hexa
STRK target 0.6528 (short-term)4h time frame
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Entry: $0.4535
TP: $0.6528
SL: $0.41
RR: 4.58
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(1) Just broke above the ascending channel pattern
(2) Going to retest the channel, might get support on the top of pattern
(3) Both supports are overlapped from pattern and Fib 0.618 at around $0.4535
(4) Target is set at Fib 2.0, which also have the resistance from previous structure
(4) Stop loss once going below $0.41
STRKUSDT Price Making Higher HighsSTRKUSDT technical analysis update
STRK's price is making higher highs and has formed an ascending channel on the 4H chart. The price has broken the ascending channel's resistance line with high volume. We can expect a small retest before the price continues upward.
STRK price potential to reach $1.00 in few weeks.
Starknet STRK price and upcoming unlock coinsOn 15/09, $64 million of STRK will be distributed, which is +3.6% of the coins in circulation.
Given that the price of OKX:STRKUSDT is currently hovering near its lows, and we are waiting for positive macroeconomic decisions ahead, it is unlikely that these coins will be sold on the market now.
Targets for the #Starknet price look more attractive:
- medium-term - $0.60
- long-term - $1.20-1.30
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Starknet STRK price tamping the bottom "3"Most #STRK holders would probably like to see the blue scenario play out💙.
Because the pattern for an upward breakout in the price of OKX:STRKUSDT is quite good
and we would give this scenario a 60% probability of development.
And 40% for the red one ❤️. Because if the OKX:BTCUSDT price breaks below 65K towards to $61k, then the price of the #Starknet token will drop to $0.47, at best.
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Will StarkNet STRK revive from the dead zone? Hello, Skyrexians!
Today we have another one "perspective" crypto to overview. This is BINANCE:STRKUSDT token. Since Binance listing price dropped significantly and continue dropping now. Entire crypto market dump boosted the STRK sell-off. Today we will analyze in details this asset and try to understand will this coin pump or die. It's vital for successful cryptocurrency trading to consider all possible scenarios.
Looking at the most of ideas on this asset we can conclude that most of the crypto trading strategies gave the advice to buy this coin when price was above $1.5. Obviously, it's not profitable crypto trading strategies. Even automate crypto trading of most cryptocurrency trading platforms fails to predict the price of this asset because after dumping at 50% it continues dumping, which is not likely according to the most crypto trading algorithm. That's why most of automated trading bots and grid bot faced with losses for this asset.
The exception is the ai crypto trading bot which takes into account the Elliott wave, the key feature of successful crypto trading. Today we consider STRK price action using advanced technique. Let's go!
STRK dump structure
Let's use the 1D time frame to analyze this downtrend. Fortunately, it has the clear Elliott waves structure. Awesome oscillator helps us to find the most impulsive wave 3, this is the min value. After this the price formed the flat or triangle wave 4. If crypto has already significantly drop it tends to form the flat corrections without big retracement to the upside. This is because most of early bulls have been locked in their position and they shall be disappointed before reversal.
Now we can see three strong signs of trend reversal. Awesome oscillator crossed zero line after wave 3 bottom reaching, it has printed bullish divergence and the momentum now is upward. In most of cases these are enough to make a decision about the entering trade, but we will make the deep dive further in different indicators.
Long idea on STRKlast time we longed, it was knocked out by stop los, it's unpleasant but the market needs it. Now the market is more cleaned than it was then. I hope everything will be as it was with not
STRKUSD Bullish Study Case
On the daily timeframe, STRK was in a bearish trend. Then, it started forming the Wyckoff accumulation pattern, which included a bearish candle with a long wick, marked on the graph as SC for Selling Climax. Then, we had the AR for Automatic Reaction, followed by the ST for Secondary Test, UT for Upthrust, and another STB for Secondary Test in Phase B.
Currently, I'm waiting for the retest that aligns with an inverse head and shoulders pattern in the 4-hour timeframe. Additionally, it aligns with a Fibonnaci's zone of interest.
STARKNET (STRK)StarkNet, a layer-2 scaling solution employing state-of-the-art zero-knowledge rollups, aims to enhance Ethereum's scalability by enabling high throughput and reduced gas costs. This innovative technology provides a vital infrastructure for developing efficient and scalable decentralized applications (DApps).
Given StarkNet's strategic importance in Ethereum's ecosystem and its promising technology, the next price targets for STRK could be set at $2.00, $2.4, and $5.00. Traders might consider taking a position now. This trading idea is based on the anticipation of continued interest and investment in solutions that facilitate blockchain scalability, particularly as Ethereum evolves.
STRKUSD 1DSTRK ~ 1D
#STRK Successfully penetrated this resistance line. It's quite interesting to start buying gradually. Short term target of at least 15%+.
STRK/USDT PLAN STRK/USDT:
The price of STRK is currently breaking out of a horizontal resistance level. I anticipate a bullish move of 15-30% in the short term. Additionally, STRK appears to be a promising coin for the mid-term, with a potential to reach $5 in the upcoming weeks.
Please note that this analysis is based on my personal opinion and is not financial advice. Kindly do your own research before making any investment decisions.
STRK target 31h time frame
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STRK is retesting the support zone at 2.1~2.2, which is made of structure and Fibonacci Projection. Also, there is a potential falling wedge working, and might bring STRK back to 2 in near future, so we need to set SL lower to avoid liquidation.
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TP: 3 / 3.4
SL: 1.98
$STRK upside $4-9?IDX:STRK looks like it has the potential to make a strong move here. It has a very similar look to SPARKS:AERO before it went up ~7x.
While I don't think it'll be as strong of a move, I do think there's good potential for upside.
Let's see what happens. Price needs to confirm resistance as support before it has the chance to move.
I've entered from $2.27.
STARKNET TO THE MOOON📊Analysis by AhmadArz:
🔍Entry: 2.14 to 1.50
🛑Stop Loss: 5% or 10% from capital
🎯Take Profit: 2.676 - 3.21 - 3.73 >Mooon
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
STRKUSDT: Bullish Divergence at Support within a Bullish DragonSTRKUSDT has formed Bullish Divergence at the Support/Resistance level of the range it's been trading in. This may result in STRK breaking to the upside, in which case that would put it in a Harmonic position to at least make a 0.786 upside retrace.
It also broke out and tested the down-sloping trend line which could be a sign that we have confirmed a Bullish Dragon which has a minimum target of a 0.618.
