STRATBTC Long Opportunity
Updated
STRATBTC
Technicals:
Falling wedge (continuation pattern, bullish in this example)
Bollinger Band Contraction (ready for break-out)
RSI Divergence (hint upward movement
Fundamentals:
Mainnet wallet release
twitter.com/stratisplatform/status/932990140091387906?s=09
How to trade:
Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling wedge
Buy a retest of the former resistance (top of falling wedge) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.
Technicals:
Falling wedge (continuation pattern, bullish in this example)
Bollinger Band Contraction (ready for break-out)
RSI Divergence (hint upward movement
Fundamentals:
Mainnet wallet release
twitter.com/stratisplatform/status/932990140091387906?s=09
How to trade:
Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling wedge
Buy a retest of the former resistance (top of falling wedge) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.
Note
broke outTrade closed: target reached
130% profit, will continue to move up.sold 40% of position to regain original investment, will let the rest ride Q1 2018.
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