Long
Stratis STRATBTC - Elliott Wave - one more leg up?
Quick Elliott Wave idea.
There's a triangle forming right now - it might break down a bit from here and form a slightly larger triangle and end up at (4) before the last leg (5), or may break upwards sooner. In any case this should be the last leg before a corrective phase.
There's a triangle forming right now - it might break down a bit from here and form a slightly larger triangle and end up at (4) before the last leg (5), or may break upwards sooner. In any case this should be the last leg before a corrective phase.
Note
Possible double top - I'm out for now. Not quite enough upside to risk it.Will re-evaluate after the next significant retrace.
Note
Looks like I got faked out & sold too early! But getting out early is better than getting out too late. I didn't see a lot of TA to confidently stay in anyway so I'm happy with the trade. If you stayed in, congrats!Will be watching for another opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.