Long

There is a trading opportunity to buy in STRATBTC

Technical analysis:
. STRATIS/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00021500 to 0.00018200). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.00021500)
Ending of entry zone (0.00018200)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Price Action Lesson 3: Hammer, The first sign of beginning ...

Take Profits:
TP1= @ 0.00026800
TP2= @ 0.00031400
TP3= @ 0.00036060
TP4= @ 0.00042010
TP5= @ 0.00046630
TP6= @ 0.00058100
TP7= @ 0.00066730
TP8= @ 0.00083750
TP9= @ 0.00098660
TP10= @ 0.00150310
TP11= Free
Bitcoin (Cryptocurrency)BTCChart PatternsCryptocurrencyTechnical IndicatorsstratstratbitcoinSTRATBTCstratisstratisbitcoinstratisbtcTrend Analysis

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