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$STRK BREAKOUT IS INEVITABLE! 🚨 37.5% Potential Upward Gap 👇 Starknet has finally found support on S2 and according to the chart, a breakout should happen in hours! STRK is currently trading at $1.3 while gathering liquidity for its potential upward trend with potential gap of 37.5%. However, STRK's price is just below the EMA 20 but RSI is suggesting an oversold situation. Currently the situation looks bullish with an exception; May 16, 64 million STRK tokens will be released (8.8% of the circulating supply) which are valued at $82 million. If this unlock is already priced in, then I won't be bothered; instead, if it isn't, then STRK's price may revisit S1. So, my strategy according this situation will be: Strategy + Hedge Short Position: Stop Loss on $1.28, entry price on S2 (1.31 to 1.34). First TP on R1 (25%), Second TP R2 (25%) and Third TP on R4 (50%). If the market goes against me, I'll open a short position on $1.28 with stop loss on $1.32. TP on S1 (100%) STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #StarknetUpdate #STRKpriceanalysis #StarkNetTradingSignal #Altcoins2024

$STRK BREAKOUT IS INEVITABLE! 🚨 37.5% Potential Upward Gap 👇

Starknet has finally found support on S2 and according to the chart, a breakout should happen in hours! STRK is currently trading at $1.3 while gathering liquidity for its potential upward trend with potential gap of 37.5%. However, STRK's price is just below the EMA 20 but RSI is suggesting an oversold situation. Currently the situation looks bullish with an exception; May 16, 64 million STRK tokens will be released (8.8% of the circulating supply) which are valued at $82 million. If this unlock is already priced in, then I won't be bothered; instead, if it isn't, then STRK's price may revisit S1. So, my strategy according this situation will be:

Strategy + Hedge Short Position:

Stop Loss on $1.28, entry price on S2 (1.31 to 1.34). First TP on R1 (25%), Second TP R2 (25%) and Third TP on R4 (50%). If the market goes against me, I'll open a short position on $1.28 with stop loss on $1.32. TP on S1 (100%)

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝

#StarknetUpdate #STRKpriceanalysis #StarkNetTradingSignal #Altcoins2024

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$BTC HALVING ALERT! 🚨 1464 Days Left! Meantime 👇 The recent surge in Bitcoin's price has been attributed to various factors, including institutional adoption and the recent halving event, which reduces the rate at which new coins are created. Miners are now rewarded 3.125 BTCs per block and in 1464 Days they will be rewarded for 1.5625. Currently, I see Bitcoin's future still split between optimism and caution. In fact, since its inception, Bitcoin has faced both highs and lows. To determine the next BTC's trend, I would put the attention on the following macro factors: 1) Can Miners Afford Their Current Expenses? 🤔 If miners can't afford expenses and new environmental laws comes in, they might sell BTC and consequently causing prices to drop drastically 2) Will China Join The Run BTC ETFs? 🐲 There are rumors that in the future, thanks to Hong Kong (first mover), Chinese whales might soon access spot BTC ETFs. This event could attract massive inflows in the crypto market. 3) How Long Tension In Israel, Ukraine & North Korea Will Last? 🪖 The expansion of wars could shake up the market even more and make people fall in FUD. This it translates into selling BTC for Gold, Silver and food 4) How Hard Will The Next Wave Of Regulations Hit? 🫵 Any new regulations, bans or restrictions imposed by major economies like the US, China or the EU could drastically affect the investor sentiment and thus the BTC's price. I believe Bitcoin's long-term prospects will be positive only if miners switch to renewable energy (or find cheaper energy), regulators allow Chinese investors access to Bitcoin ETFs, geopolitical conflicts are resolved peacefully and there's active communication between industry players and policymakers! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #BitcoinHalvingEvent #BitcoinMining #BitcoinNews #BitcoinPricePredictions
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