Starknet — Bullish BreakoutAnother great opportunity.
Trendline breakout and since Bitcoin has finished its correction, reversal is likely to follow here.
Target: $10 (2000%).
STRKUSD trade ideas
Testing Strong Base of SupportAfter a little breakout move above .45 we have since come back and tested prior years resistance level, and looks like we have confirmed some support here.
Looking long now to make new relative highs above .50 and eventualy towards that 1$ mark. Ideally we get consistent breakouts that pullback just enough to test prior highs and keep rolling forward through this market cycle. Consistent and strong is better then quick and reckless.
STRK/USDIn the main trend, there is a selective descending channel with a 40% step. The large player operates by accumulating, pushing, and so on until there is an exit from the channel. Afterward, the chart is highly likely to transition into a "saucer" pattern. The pattern will play out up to the previous highs. It’s better to start trading on the breakout or a pullback after the breakout of this descending channel.
STARKNET (STRK)starknet token is most active in the Russian Federation according to information from crunchbase.com HQ is the other title.
(STRK) starknetStarknet; most active users appear to be coming from Russian Federation (16%) and secondly from Vietnam (10%), Brazil (9%), Ukraine (9%).
Starknet In a Fallen Channel We are ready for a bounce back to upper channel and carry on falling downwards.
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STRKUSD Bullish Study Case
On the daily timeframe, STRK was in a bearish trend. Then, it started forming the Wyckoff accumulation pattern, which included a bearish candle with a long wick, marked on the graph as SC for Selling Climax. Then, we had the AR for Automatic Reaction, followed by the ST for Secondary Test, UT for Upthrust, and another STB for Secondary Test in Phase B.
Currently, I'm waiting for the retest that aligns with an inverse head and shoulders pattern in the 4-hour timeframe. Additionally, it aligns with a Fibonnaci's zone of interest.
(STRK) starknet tokenStarknet token on Base chain. Is it a viable contender in the future for cryptocurrency? I do'nt see why not. Why would coinbase add this token to their ... does Coinbase add or do people build on Base whether Base likes it or not? There was a problem with Binance Chain now BNB chain in the past with too many bad programs using BNB chain for their ill willed intentions.
STRK-USD: StarkNet ready to excel?2024-03-11 Starknet STRK
Starknet is a coin that has been on major exchanges for only a few weeks.
Some analysts speak highly of it, as potential multiplier of our funds.
After some struggles getting a footing, it appears ready for a breakout for 2x gain.
$STRK upside $4-9?IDX:STRK looks like it has the potential to make a strong move here. It has a very similar look to SPARKS:AERO before it went up ~7x.
While I don't think it'll be as strong of a move, I do think there's good potential for upside.
Let's see what happens. Price needs to confirm resistance as support before it has the chance to move.
I've entered from $2.27.
