A flat pattern appears to be forming on STABLE.
Once this pattern is completed, the market may reverse and move in the opposite direction of the pattern. After Wave C is completed within the green zone, price could potentially rebound to the upside.
We are looking for buy/long opportunities within the green zone.
The targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think STABLE is bullish?
Once this pattern is completed, the market may reverse and move in the opposite direction of the pattern. After Wave C is completed within the green zone, price could potentially rebound to the upside.
We are looking for buy/long opportunities within the green zone.
The targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think STABLE is bullish?
Trade active
This analysis has been active for 122 days and it has dropped by 47% so far.⚠️ Just keep in mind that you should only enter the position after receiving a proper confirmation and trigger within the green zone, as the type of reaction to this zone is crucial.
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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.
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
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.