STPT / Bitcoin
Long
Updated

#STPT/BTC C&H Breakout+Defi Launch July 31st-> 60% Potential

1079
Welcome to this quick update everyone.
STPT Looks very bullish here:
Trading above 50D MA
Cup and Handle breakout from the bottom.
Breaking out of the triangle (Bullish continuation pattern)

Fundamentals:
Defi Launch on JULY 31st This is a very significant news. As we know right now DeFI is the trend and every coin having a news on DEFI is getting hyped everywhere on every single platform.
Resulting in massive rallies.
I am keeping this setup quite simple with decent targets which is likely to be met within the next 2 weeks.

ENTRY: CMP (Current Market Price)

TARGETS:
223
238
259
279
294

Stop Loss: 166

If you like these setups please hit the like button and share your views in the comment section.


Stay safe

#PEACE
Note
Buy this DIP!
Note
166 is a very strong area of support and it can bounce anytime.
You can place a Stop Loss around 159 and buy the dips.
I bought more around 168 to 170 level.

Rally is imminent its just the matter of when.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.