Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
STMX rebounded from the support trendline, dropping as low as $0.003695 and rallying up to $0.010995, a 190% gain.
Although the rally was impressive, it wasn't enough to break the resistance trendline. Currently, the price has been rejected and is once again approaching the support levels.
Key Levels:
- Primary Support: $0.00442
- Lower Support: $0.003322
- Primary Resistance: $0.0083
- Higher Resistance/Targets: $0.0129, $0.0245, $0.0433, $0.0760
DYOR, NFA
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE