#STG MOVES BELOW ITS MAJOR SUPPORT: FORMED AN EXPECTED BOTTOM PATTERN!
Before that, let me tell you something...
So a trader asked me. Why don't you do trades a week before and after the closing and opening of a month?
Simple answer is.
Monthly buying happens if the month closes bearish and monthly selling happens if the month closes bullish.
These normally happens a week or more in the crypto market.
Even when you hype me up with major news on major resistance, it won't make me budge.
Since I know for a fact that it will just follow the same traditional way of trading (but with slight twist called volatility).
Opportunities aren't given, you open them.
Now, let's talk about STG.
A strong movement may possibly happen with this altcoin as the fear factor in the crypto market is still lingering. The current signs of breaking out to reclaim the previous major support is highly likely. On the way from the new major support to the previous one may take this year to fully realize. STG's major support that we're pertaining to is at the price range of 0.38-0.45. Just like the long position we've took that has resulted to 24.49% increase. We will continue to look for optimal entry points that may yield more profit than we have anticipated.
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.
