- STPT (Standard Tokenization Protocol) is a sleeping Giant, but when wakes up it will be huge, you can be pretty sure about that!
- We have been moving sideways for more than 3 years now on the weekly chart, and if we break this head and shoulders pattern, it will be tremendous!
- 4000% profit is a lot and I don’t want to miss this altcoin, unfortunately, we can go sideways for another 1 year. So if you buy now, you can sit on the coin for a long time before it explodes.
- Yes, you can buy now and tomorrow it will be +1000%, it’s really possible.
- Keep in mind that this is STPTBTC chart, not STPTUSDT chart. If you buy this coin, then your USDT value can go down, 50% drop is possible. You can buy this coin, if BTC hits 13k in the immediate short term.
- For a confirmation trade, buy a breakout above the Head And Shoulders pattern if you don’t want to wait and want to catch the momentum. But there is a chance of another rejection at the neckline, which can lead to 50% decline almost immediately.
- Also, there is a local trendline that you can clearly see on the chart and if the bulls can break this trendline, then there is definitely a potential.
- I think this coin is a great choice and even if you buy for only 5% – 10% of your funds, it can be a smart bet.
- https://www.tradingview.com/chart/STPTBTC/UNr9eADK-STPT-4000-Brutal-Gains-Sleeping-Giant/
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Tolberti
Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.