šØ Hey, Skyrexians! š
Starknet ($STRK), one of 2024ās most controversial altcoins, is finally showing signs of life after a brutal downtrend. Yes, we knowāitās been a rough ride, with STRK enduring one of the marketās biggest drawdowns. But after months in the "dead zone," we might just be witnessing a breakout!
š§ Whatās Happening with STRK?
Letās dive into the technicals:
Wave Analysis: After the initial pump at listing (Wave 1), $STRK has been building a zigzag pattern in Wave 2 (ABC). Inside Wave C of Wave 2, we saw a bullish divergence between Wave 3 and Wave 5, signaling potential for a strong reversal!
Awesome Oscillator: This indicator turned green recently, highlighting the end of the bearish trend and the start of a potential uptrend.
Fractal Trend Detector [Skyrexio]: This new tool showed strong resistance during the bear market but now indicates an uptrend, confirming the bullish potential.
š Why It Could Explode:
Wave 3 in Play: If Wave 2 has indeed ended, STRK is currently printing Wave 3, which could lead to a powerful move upwards. Fibonacci extensions predict targets of $12 and $20 for the next leg up! š
š„ Whatās Next for STRK?
Targets to Watch: With the current uptrend, STRK could hit $12 or even $20. The invalidation price is at $0.43, so if it dips below this level, the bullish scenario will need to be reevaluated.
Strategy: For those eyeing a breakout opportunity, buying now could be worth considering before STRK potentially takes off. Keep an eye on the market for any signs of correction or continuation.
š Donāt Miss Out on This Rally!
STRKās journey from the dead zone to a potential $12-$20 target could be just beginning. Stay updated with Skyrexioās Fractal Trend Detector and watch for key signals on Binance. Ready to ride the wave? š
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