Long
Stratis - Moon if Alt Market Stays Healthy
(Trade this coin on Binance in my signature. Fees are 0.05% with Binance Coin instead of 0.25% on Bittrex)
I literally know nothing about STRAT. Like, nothing at all, even though I've been hearing about it since September.
Regardless, we have a trade set up, in my opinion. STRAT broke out of a long term downtrend line on the 6H chart a few days ago but proceeded to show no further upward movement, but pulled back.
We've now had a retest of the breakout point and, in my opinion, have had confirmation of further upward movement during today's breakout.
Long Trade:
Between 00105-00110
STOP 0089
Target 00200
RR: 6.82
I think so long as the alt market stays healthy and doesn't get blown up by some movement with BTC that this trade will hit very frequently.
Check out the apparel shop in my signature for some super cute Bitcoin bulls. $2 from each purchase is going to the Bitcoin Cash Fund community group!
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
I literally know nothing about STRAT. Like, nothing at all, even though I've been hearing about it since September.
Regardless, we have a trade set up, in my opinion. STRAT broke out of a long term downtrend line on the 6H chart a few days ago but proceeded to show no further upward movement, but pulled back.
We've now had a retest of the breakout point and, in my opinion, have had confirmation of further upward movement during today's breakout.
Long Trade:
Between 00105-00110
STOP 0089
Target 00200
RR: 6.82
I think so long as the alt market stays healthy and doesn't get blown up by some movement with BTC that this trade will hit very frequently.
Check out the apparel shop in my signature for some super cute Bitcoin bulls. $2 from each purchase is going to the Bitcoin Cash Fund community group!
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org/petition-to-the-united-nations
Note
Strat still trading pretty sideways, which isn't so bad considering BTC is continued downwards movement. Trading in a large channel on the 6H. Looking for a break over 00120 to confirm further upward movement.
Note
This has taken a little bit longer than anticipated, and this current chart is on Binance. But, this is looking like it's about to geyzer. Mandatory take profit at 1600-1700 sats.
Trade active
Big breakout. Just started to touch the top of the channel. Look for 4-6H candle closes over 120 and then we should see a run towards target. Note
Right now I expect Stratis to test and break through it's prior ATH on Binance and the .786 fib from Bittrex. Looking good. Congratulations on being in profit.
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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.
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.