$STARK: Hated Rally, Big Gains AheadSTARK just shattered a major resistance level
Would this be pushing higher in a classic hated rally
STRKUST trade ideas
STRK PUMP.Why do I say this?
STRK has dropped 10 times from its peak, and currently, you could say it has formed an accumulation box at the bottom. On the weekly chart, you can see the RSI is in the oversold zone, meaning many investors have cut their losses. This is an opportunity for you to accumulate. The project's performance indicators are still being maintained, and of course, there is buying pressure from institutional funds.
The target prices (TP) I’ve set are based on psychological resistance levels (Fibonaci) and trading volume (resistance volume). I wish you success in hitting your target prices for this asset.
And of course, remember my rule: Do not borrow money to invest and always split orders as a backup in case the price moves against your expectations. Please review my previous post to better understand the capital allocation strategy in investment.
STRK PUMP.Why do I say this?
STRK has dropped 10 times from its peak, and currently, you could say it has formed an accumulation box at the bottom. On the weekly chart, you can see the RSI is in the oversold zone, meaning many investors have cut their losses. This is an opportunity for you to accumulate. The project's performance indicators are still being maintained, and of course, there is buying pressure from institutional funds.
The target prices (TP) I’ve set are based on psychological resistance levels (Fibonaci) and trading volume (resistance volume). I wish you success in hitting your target prices for this asset.
And of course, remember my rule: Do not borrow money to invest and always split orders as a backup in case the price moves against your expectations. Please review my previous post to better understand the capital allocation strategy in investment.
STARKNET long setup - BINANCE:STRKUSDT
COINBASE:STRKUSD
Hello Traders
💥Long position on STARKNET
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.402
0.405
0.410
0.413
0.419
🔴SL:
0.382
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
$STRK (#Layer2 #DeFi) TRADING PLAN🔻 Trend Break Point: A bullish reversal is likely if the price holds above $0.61.
🔻 Decision Zone: Key levels to watch for a bounce are $0.8 - $1.
🔻 Fundamentals: Monthly token unlocks every 16th of the month put selling pressure on the price.
🔻 Downside Risk: New lows are possible, and determining support levels is difficult—there's a potential freefall below current levels.
🟢 Green zone = buying opportunities. 🔴 Red zone = selling or profit-taking zones. Focus on the price action around these critical levels.
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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Has #Starknet started an uptrend?IDX:STRK 1D chart;
#Starknet, which started a downtrend with the level it lost on April 12, will give the second major signal for an uptrend if it can close today above the $0.43 level.
It gave its first signal with the positive mismatch it showed on the RSI side in the past days.
Although the price continues its horizontal progress, the rise in the RSI side stands out.
In the short term, $1.4 can be considered as the target zone. Because it will make a move to clear the liquidity at this level at the first opportunity.
The big green candle on the side shows its weekly performance.
If it closes below the +OB level of $0.337, we will talk about new levels.
STRKUSDTREN trading signal spotted.
- BOS (Breaks of Structure) at @ 0.4195-0.4237 level
- High momentum setup with increase of volume and momentum
- Good reward to risk setup with tight stoploss
It is at extremely good if able to break up the upward trendline.
STRKHi, friends! Today, we're looking at the STRK coin. The coin is moving sideways, making several long accumulations. There is a possibility that we will break out upwards from this accumulation, just like with the previous one.
the sparkeling time for stark! A bullish wave is not far off if the price can maintain current levels. Of course, this also depends on Bitcoin's state. However, it seems that this currency has reached a price floor in this period, and price accumulation has occurred.
STRK potential for a +500% gain💎 STRK has dropped by 90% — entry opportunity? 💎
🚨 STRK has experienced a significant drop, losing 90% of its value! This creates an opportunity for those looking for a good entry point.
📉 I plan to enter STRK at $0.2. If everything goes as planned, I see potential for a +500% gain!
STRK BUYI BUYED!!!
The asset is in the buy zone of 0.556-0.011!
Buy level 0.348
Bucket 0.18
Volume price 0.596
The recruitment of a position by a major player continues!
STRK position setThe position set has started
It is possible to go to the Global Buy Zone to the level of 0.267, I put a bucket (pending order).
Price of total volume 0.382!
STRK. 0.3452. SHORTThe token did not react to the market pullback. Looks weak and goes to retest its minimum levels. In the direction there is free space. Looks even weaker than the weak market.
STRK longTo restore your values, you need to grow by 500%. The market has gone down a lot and most likely it is not the end yet. I suggest to gradually collect this asset as an investment with goals of 100-200%. All those who traded this coin on futures have been liquidated, and we can say that the market is completely ready for a reversal
STARKNET hasn’t BOTTOM YET?Based on the current market of layer 2.
AMEX:ARB is about $7.88 Billion in FDV, high TVL
NASDAQ:OP = $7.66 Billion in FDV, high TVL
NYSE:ZK = $3.89 Billion in FDV, low TVL
$Blast = $2.15 Billion in FAV, low TVL
We can see that Starknet ( IDX:STRK ) has lack of community, but has $6.66 Billion in FDV is to high for a new project. It also has a bad tokenomics when the team unlocks a big amount of tokens every month. This is an overpriced product with high selling pressure due to their vesting schedule.
Think about that! It is possible that the team may dump their token to at least in haft of FDV (about $0.3) to attract more investors.
In a long run, the price maybe recovering, but that we will waste much time. #DYOR
All above are not financial advices.
STRK/USDT: Bullish Momentum Builds as Technical Indicators SignAnalyzing the recent performance of STRK/USDT, several technical indicators suggest that the cryptocurrency might be poised for an upward trend from its current price of $0.489.
Firstly, the Moving Average Convergence Divergence (MACD) has shown a bullish crossover, with the MACD line crossing above the signal line. This is typically a strong indicator that upward momentum is building and could lead to price appreciation.
Additionally, the Relative Strength Index (RSI) is currently at 60, which is above the neutral 50 level but still below the overbought threshold of 70. This positioning suggests that there is room for further growth before the currency enters overbought territory, making it an attractive option for traders looking for upward potential.
The 50-day moving average is approaching a crossover with the 200-day moving average, signaling a potential "golden cross." This is a bullish indicator often seen as a sign of a long-term upward trend in the making.
Moreover, trading volume has shown a significant uptick, indicating increased market interest and participation. This rise in volume is often correlated with sustained price movements, suggesting that the current upward trend may continue.
The Bollinger Bands are also starting to widen, reflecting increasing volatility with an upward bias. The price has consistently closed near the upper band, which is another indication of bullish sentiment in the market.
Overall market sentiment around cryptocurrencies, particularly altcoins like STRK, has been improving, driven by positive developments and increasing adoption. These factors combined with the technical indicators point towards a potential continued rise in STRK/USDT from its current price level of $0.489.
STRK is experiencing a downward trend todaySo, STRK has reached its resistance level. Today is the day when STRK should break out of its downward trend, which will pave the way towards $1 per STRK. In my opinion, STRK will travel this path quite quickly.
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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#STRKUSDT LONG I'm expecting an impulse breakdown1h TF. The coin has formed a clear local resistance level with several confirming touches, behind which the stops of the participants' shorts have accumulated. There is also a trend in the form of a triangle, pushing the price to the level with the help of limit buyers with a local increase in volumes.
I will wait for consolidation along the level and, with increased activity in the glass, an impulse breakdown.
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.
Alikze »» STRK | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is a demand in the green box and the bottom of the descending channel.
- After the demand in the green box area, it has re-entered the descending channel.
- According to the current structure, it can grow up to the middle of the channel and the range of 0.78 after the pullback.
- If it can stabilize above the 0.78 area, it can continue its growth until the neck line area and the supply area.
💎 In addition, if the green box is broken, the downward trend can continue up to the 0.39 area.
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Alikze.
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BINANCE:STRKUSDT
