THE STRONG EFFECTS OF ACCUMULATION CAN BE SEEN THROUGH THESE. . .
#STG 10.17% PROFIT AFTER THIS PATTERN HAS SHOWN UP!
If you're looking for great patterns to identify for potential profitability. Then, you're in the right place.
Here's why.
Perusing the pattern STG has shown us has paved a path towards gaining the 10.17% with a 1.69 risk to reward ratio. This position was taken by us after we have noticed STG getting rejected at its initial attempt to break the 0.3274 key level. The confirmed pattern is the double bottom pattern that it was created at 0.2558 to 0.2809 and this neckline has been broken causing the price to consistently stay on top of this broken neckline. Right now, a possible cup and handle is forming on top of this broken neckline but knowing the tendencies of these to be invalidated. We are keeping an eye on it for now. Thus, we have decided to take the profit immediately after the resistance was tested.
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.
