Broken up the 1900 Resistance, and now establishing a new support at the same point.
Breakout has happened earlier today, expecting to hit 2200 which is the next resistance, with the current bull trend this could break up to hit 2500. For swing traders: I entered at 1400 and potentially looking to exit at 2200 depending on the energy of the market, then look to rebuy the dip. For long holders: HOLD.
Note the support line at 1400, if it ever goes down there it's an instant buy.
STR has also hit the Chinese Exchange, Yuanbao, a small-mid sized exchange which made a fake break out point on Bittrex - Yuanbao is a small exchange so I didn't anticipate this to be a market move. Be careful of fake market moving news and do your research. Yuanbao is a rank #24 volume exchange.
The current bull market could give enough energy to move STR into a positive trend and back on track.
-Positive
Watch STR closely!
Breakout has happened earlier today, expecting to hit 2200 which is the next resistance, with the current bull trend this could break up to hit 2500. For swing traders: I entered at 1400 and potentially looking to exit at 2200 depending on the energy of the market, then look to rebuy the dip. For long holders: HOLD.
Note the support line at 1400, if it ever goes down there it's an instant buy.
STR has also hit the Chinese Exchange, Yuanbao, a small-mid sized exchange which made a fake break out point on Bittrex - Yuanbao is a small exchange so I didn't anticipate this to be a market move. Be careful of fake market moving news and do your research. Yuanbao is a rank #24 volume exchange.
The current bull market could give enough energy to move STR into a positive trend and back on track.
-Positive
Watch STR closely!