$STG 10.17% PROFIT AFTER THE EXHIBITION OF THIS PATTERN!
If you want to spot profitable trends, this is the place to be. If so, you're in the proper location.
This is the reason.
By examining the pattern that STG has provided, we have been able to gain 10.17% with a risk to reward ratio of 1.69. We took this stance after observing that STG was denied its first attempt to breach the 0.3274 key level. The price has continuously remained above the broken neckline, which is the confirmed pattern, which is a double bottom pattern that was formed between 0.2558 and 0.2809. Given the tendency for these to be invalidated, a potential cup and handle is currently building on top of this broken neckline. For now, we are monitoring it. Therefore, as soon as the resistance was challenged, we made the decision to grab the profit.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
