parissap

STPT try to break out falling wedge

BINANCE:STPTUSDT   STPT / TetherUS
#STPT/USDT
$STPT trying to break oy from falling wedge. if this happening price will head up toward resistance zone around $0.12 and break out from this resistance can increase price to touch resistance zone between $0.16 and $0.2
there is a support zone around $0.74 which is the same with long term ascending support, that price may have touch it in pullback after break out from falling wedge.
break down from ascending support line will invalid this analysis.

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.