STRATBTC | A small decrease before a pump
Updated
STRATBTC is one of our most recent signals. We would like to share a short cut analytics for this trading idea
On the one hand:
According to directional movement indicator the price action tends to go lower as -DI is higher than +DI. But more important is that ADX line which represents strength is above both lines thus the pressure should change direction soon. The forecast is enhanced by MACD and EWL values which reveals a bearish mood of this position.
On the other hand:
Bitcoin price is in a decrease phase thus positions with BTC quote currency should be in an uptrend now. Stratis price has just touched lower Bollinger band and this also confirms an upcoming reverse.
However we cannot ignore technical indicators state because they show us a mathematical projection based on historical values. So we should find a strong trend confirmation to enter the position
Stratis is near with support trend line and taking into account values of technical indicators we can conclude price action reverse will happen once it touches support. We will enter the position with limit price 0.0000402.
You can find targets, SL and full settings list in the signal
On the one hand:
According to directional movement indicator the price action tends to go lower as -DI is higher than +DI. But more important is that ADX line which represents strength is above both lines thus the pressure should change direction soon. The forecast is enhanced by MACD and EWL values which reveals a bearish mood of this position.
On the other hand:
Bitcoin price is in a decrease phase thus positions with BTC quote currency should be in an uptrend now. Stratis price has just touched lower Bollinger band and this also confirms an upcoming reverse.
However we cannot ignore technical indicators state because they show us a mathematical projection based on historical values. So we should find a strong trend confirmation to enter the position
Stratis is near with support trend line and taking into account values of technical indicators we can conclude price action reverse will happen once it touches support. We will enter the position with limit price 0.0000402.
You can find targets, SL and full settings list in the signal
Trade active
A sharp STRATBTC price pump has just happened. From the level of 0.00004039 price reached 0.00004424 which is very close to our 2nd targetIf you were out of the position do not worry and wait till the coin retraces down. We will make an update which level is good to enter the position again.
The pump brings additional confirmation of reversal and beginning of an upward trend
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