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STARKNET/TETHER USD PERPETUAL CONTRACT

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STRKUSDT.P trade ideas

RSI are neutral due to consolidationThe Starknet (STRK) started from a bull run in March and rose fabulously up to $2.65 price by March 13th, 2024, this surge was more than 1200%. The bulls were not sustainable at that time, and deteriorated in a declining wedge, and the price corrected slowly, until it reached and formed support at $1.05 by May 20th, 2024. Moreover, after 21st May, the price has been in a consolidation box, which appears to have breached the wedge, with a slide bullish move in the box. This scenario illustrates that the bulls are holding the key support of $1.05, and bears are desperately trying to breach the support. But, bears are not that strong to break the support level of $1.05. This could be a major sign of a Resurgence, as the price needs a push to break the consolidation box range and aim for 100% growth on the daily chart. Analyst Ijaz Awan posted an optimistic tweet, that STRK exhibits that if it manages to maintain this momentum the price could see a move towards the $2.67 mark over the daily chart, and a strong bullish spike could be triggered out of this consolidation box. At press time, STRK fell by 1.99% in the last 24 hours, trading at $1.181. Indicators like EMA, MACD, and RSI are neutral due to consolidation. Therefore, as per the hypothesis, if the demand for the asset rises abruptly, then Starknet (STRK) could bounce back from the current level. The next target for the STRK could be to reach $1.80 and $2.60. However, if the Starknet (STRK) fails to maintain above the $1.05 level, it could decline further, as well.
Long
by Sam_TCR
STRK-USDT -> LONGLong Bias for the upcoming weeks. (Watch out for Whipsaw situations) Price already in my area of value, just waiting for the market to tell me to get in on a LONG. We are situated on the uppermost side of the channel's centre. It may come for a retracement and search for LONG. NEWS: Starknet launches GETTEX:25M token incentive for top projects Starknet TVL -> $1.07 Bn Starknet, seem to be changing course to the upside, but that will only happen if the price breaks the $1.35 mark, and if the market doesn't, We can see the Good short below $1.15 - --------------- **First Scenario - Long:** (Very Good Chances) Initial Target: $1.67 First Entry: $1.18 Second Entry: $1.35 Stoploss: $1.137 **Second Scenario - Short:** First Target: $1.02 Second Target: $0.83 (Rare Event) Entry: $1.4 Stoploss: $1.205 - --------------- Take into consideration: Psychological Resistance at $2 Psychological Support at $1 - --------------- NFA DYOR - --------------- Good Luck! ⚠️ Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
Long
by irfanp056
3
STRK Rally Alert: Your Chance to Buy and Prosper!"Gemini Conversazione con Gemini immagine del profilo Short Fondamental, recent news and desclaimer STRK coin in english usa Mostra bozze STRK Coin: Fundamentals, Recent News, and Disclaimer Fundamentals STRK can refer to two different coins: Starknet (STRK): This is the native token of StarkNet, a platform designed to scale Ethereum transactions. STRK is used for transaction fees, governance voting, and staking. It has a much larger market capitalization (over $1.5 billion) and circulating supply (over 728 million tokens) compared to Strike. Strike (STRK): This is a smaller cryptocurrency with a focus on payments. It has a total supply of 6.5 million tokens and a current market capitalization of around $68 million. Recent News There haven't been any major news headlines specifically about STRK (either Starknet or Strike) recently. However, the price of both coins has been down in the last 24 hours. Disclaimer I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. The cryptocurrency market is volatile and high-risk.
Long
by MoonTradingForecast