Technical analysis by takethecannoli about Symbol STRK: Buy recommendation (2/27/2024)

It is a new coin and has an unstable chart. But the current levels are working fine. I think it will evolve into a more bullish structure as it gains the red regions above. I care about candle closes. It gained momentum with its daily closing above 1,966. 2,092 in 4 hours is important now. Closing on it will make it even more active. Selling pressure was continuing due to an eventful airdrop and a large amount of locked tokens to be opened in April, but the company made a statement and said that they had changed tokenomics and it had a positive effect, the price jumped to around $2.17 and the selling pressure decreased. The market seems to have the wind behind it as BTC reached 55 thousand. I think it will aim for higher prices unless something goes wrong. I made gradual purchases from the $2.23 and $1.88 regions and accumulated money. My average is $1.99. I will add it if it reaches the green areas below. Its investors are big and it is a project as big as its investors. I think they will not leave this property on the ground even if it falls. This is a chart I created for my own tracking. ytd