#STRK #Starknet #Write2Earn $STRK #training

Hey guys,

the new STRK (Starknet) coin.

L2 network project, for Dapp scaling.

The project is young with no history or market trading history. So the only thing that can be said at the moment, if you want to buy or sell this thing, you need to understand that the price is in balance at the moment (balance between buyers and sellers), and buying an instrument in balance is a coin flip with the desire to guess where the price will go. This is the most common mistake that many market participants make, trading inside the range.

For a safe entry point it is necessary that the price, came out of consolidation and buyers/sellers confirmed the strength.

All work and trading with consolidations is built from their boundaries. This is a false breakout (rebound) or breakout. Therefore, for this purpose we need the price to approach the boundaries of the sidewall, which is 1.6 -1.7 and the upper boundary of 2.2. It is necessary to look carefully at these points and plan your deal in advance if you are interested in this instrument.

If the price approaches the zone of 1.6-1.7, it will make a false breakdown and sharply return to the range, this is a signal of the strength of buyers and you can consider buying. And vice versa with the upper boundary of the range for sales.

If there will be no false breakdown, and the price will smoothly start to grow from the border, then you can also consider buying, but it is a weaker signal to buy. The same scheme works with selling from the upper boundary.

This is a universal scheme for all consolidations (rectangular, triangular)

stay tuned.