Long

Stratis HODL trade

By Bimbo_Capital
Updated
Although this trade might be viewed as a late one, it is still not foolish to enter Stratis at these levels. It showed very strong when bitcoin had the impulsive move few days ago and is still undervalued in my opinion. All of the bullish evaluations are showing in the same direction, and that is 3D Cloud.

In case stratis starts to come down due to BTC impulsive movements, it must hold the purple uptrend line in order for this trade to continue. Nontheless, considering the Stratis potential, I believe the right strategy right now is to buy the dip.

Good luck.
Comment
bitcoin making some moves currently, stratis may dump all the way down to the trendline at 58-60, which makes an excellent entry. still a hold coin, even a buy the dip one.
Comment
trade valid, and working as expected. touched the resistance but had to consolidate. We will see if it holds the 100-110k area. If it does, we can expect to enter the 3D Cloud.
Chart PatternsTechnical IndicatorsSTRATBTCstratisTrend Analysis

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