Step is ready Broke structure numerous time and now fliped a major S/R level. After accumulation is done we are in for a ride.
STEPUSD trade ideas
Break Out! symmetrical triangle patternFirst target will be around $1.1
$STEP already breaking out the symmetrical triangle pattern.
Do Your Own Research and good luck!
Volume/Market Cap 11.4
All Time High $10.5
STEPUSDT LONGBreak the down sloping resistance on the 15m, and the market structure with the impulse move and waiting for the retracement. switch to daily to see the bigger picture.
STEP 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Don't you say? $step finance has potentialA double bottom like this can result in a push back to the '.618 fib.
$step Market cap just 6 mil at the moment, juicy.
STEP 1H BUYAlso set some Buy orders near the Trendline
Remember no more than 5% of the deposit in one trade
SL: next sell signal
Step Finance - A potential 500% upsideIn this bull market, there is less and less opportunities to see upside. As many of the tokens have already had 10-40x returns, fewer and fewer are able to generate returns that makes it worth while. STEP Finance as a product is a great idea to help investors manage their portfolio, and led by a crypto veteran.
Why I like it?
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- This token has already reduced from the high to have a 85%+ correct. This was typically the average correction for most ALTs from 2018-2019 before they have increased in value since.
- Round bottoming structure on the charts as sellers are becoming exhausted
- SOL ecosystem and invested by Alameda and the team behind FTX.
- Will use this opportunity to help build out the product as Sam and his team try and sell the solutions of Solana vs BSC .
Why I don't?
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- Token economics are off
- Product yet to be launched
What could go wrong?
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- BTC doesn't not play well and brings the market down
- SOL ecosystem doesn't get further traction (which I doubt).
What strategy would work?
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- Spot purchases at the early stages would be key and continue to purchase as the price allows you to capture your holding cost
Potential target prices
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- Could see a bounce to the $1.70 mark to form an inverted Head and Shoulder.
- Further resistance around the $2.30 mark.
- Alot of volatility round $3.5 mark.
Major target price
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- $9.00 and above before October 2021.
STEP FINANCE Potential 10xNot TA, pure speculation. It seems like this is the 1inch for Solana. So if Solana gets big this coin will probably explode. If I'm right it will be so funny because this is the first-ever idea on STEP/USD on the entirety of tradingview.
