Full analysis of the $STRK chart using Gann theories and Fibonacci levels:
1. General trend:
The price is moving in an upward direction following a consolidation phase, supported by the breakout of the VWMA (99) indicator, which reflects strong bullish momentum.
2. Key levels based on Gann theories:
- Dynamic support:
Levels 1/4 and 1/3 have acted as strong support zones, providing clear reactions and reinforcing the bullish trend.
- Future dynamic resistance:
2.7875 represents the first dynamic resistance level in the medium term.
3.65 marks a stronger resistance, indicating potential for continued upward momentum.
3. Fibonacci-based upward targets:
- 2.7875 (37.5%)
This is the first upward resistance level, signaling the start of a strong recovery.
- 3.650 (50%)
A pivotal resistance level indicating further upward reinforcement.
- 6.237 (75%)
A significant level that suggests overall recovery and long-term bullish continuation.
.. etc
4. Summary:
The market shows a positive trend supported by rising momentum, with clear interactions at dynamic levels and targeted levels based on Gann and Fibonacci theories. The price aims for higher levels as long as support holds at critical areas.#AltCoinSeason #strkusdt #BTCBreaks80KATH