VectorAlgo

STG - PUMP or DUMP - We are ready with our entries 👻

Long
VectorAlgo Updated   
BINANCE:STGUSDT   STG / TetherUS
#STG/USDT Analysis
Description

- STG has formed a nice descending triangle and currently in decision phase of whether this will breakout upwards or downwards.
- No matter in which direction the price breaks the triangle I see a good trade opportunity.
- If the price breaks above the resistance line then we can enter a LONG trade around 0.6593
- If the price breaks below the support line then we can enter a SHORT position around 0.6200

LONG Entry: 0.6593 | StopLoss: 0.6200 | Target 1:0.6807 , Target 2: 0.7197
SHORT Entry: 0.6200 | StopLoss: 0.6593 | Target 1: 0.6015, Target 2: 0.5660

Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-20x

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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Comment:
Pump pump pump... Profits
Comment:
We went with the LONG trade as price went up.
Target 1 reached. Enjoy the profits

Enhance. Trade. Grow

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