Get started

Stratis

Stratis Signals The Incoming Of Money (Chart Analysis)Here is my classic introduction: "Looking at the Stratis (STRATBTC) chart, I am seeing some signals that are telling me that a strong move can happen really soon. "We love Stratis because it has always been a great money maker for us. Our last STRATBTC trade generated up to 70% profits... In two short weeks. "You can find this trade here: ..." Ok that's it. Please hit LIKE and allow me to entertain you a little bit... And we both might learn something while we enjoy this post. Let's get started. Namaste. Stratis (STRATBTC) Chart Analysis by Alan Masters So let's get to the more entertaining part, let's get to the analysis. We will be looking first at the daily chart, and later the weekly chart, for more entertainment, learning, and fun. Daily chart: To the left side of the chart, in green, you can see the last bullish wave. A 152% increase in value from bottom to top. I am only mentioning this so that the next point is more relevant and easier to understand. STRATBTC retraced all the way down to 0.786 Fib. This level is marked with a red line and stands at 0.0002219 btc. Yes, the price went lower but quickly bounced up. This starts telling us that this support held, but one signal isn't enough so we look for more. So Stratis price retraced to a strong support to bounce and start to move up. We can see that it broke above EMA10 (green line) and MA200 (black line). As I always mention, MA200 is a very strong resistance/support. Resistance if it is above, support if it is below. We can see that the volume is rising on the last candle (green bars at the bottom of the chart), not big volume but definitely above average and signaling the beginning of something. We also have a bullish RSI and the MACD clearly trending up, lines converging (bullish crossover). Now, these signals are good, yes, but still we remain open for change. And I write the following: "Conditions for change: If STRATBTC breaks down and closes below 0.786 fib. (0.0002219) with strength, then the above signals get invalidated and a new analysis is needed". Can you see how that works? We have the signals, we see the price moving up and we are even making profits already yet, we remain open to seeing it change. So we have our bullish bias, our bullish signals as confirmation but we know that just as the trend is starting to change from down to up, it can quickly change from up to down. And for this reason, we use a stop loss when trading and remain vigilant of the charts. You don't have to remain vigilant, that's my job. Let's continue. As for the weekly chart... I think we had enough with the daily one. Thanks a lot for reading. Make sure to comment and hit LIKE if you enjoyed this post, learned something or were entertained. Repeat with me... "I LOVE MYSELF NOW & ALWAYS. I ACCEPT MYSELF AS I AM. I ACCEPT ABUNDANCE IN MY LIFE ALL OF THE TIME!" This is Alan Masters. Namaste.
SEducation
by AlanSantana
2
STRAT-BTC Long Trade PlanCommodity : STRATIS Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Trade Setup 1 Duration - 2-4 weeks Investment in trade : 5% of the total Trading Balance. Prospective Profit : 39% to 106% Prospective Loss : 22% RRR : SL to TP1 is 1.75, SL to TP2 is 2.87, SL to TP3 is 3.58 and SL to TP4 is 4.73 Trade Setup 2 Duration - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 17% to 87% Prospective Loss : 13% RRR : SL to TP1 is 1.33, SL to TP2 is 2.87, SL to TP3 is 4.28 and SL to TP4 is 6.53 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
SLong
by CryptoTherapist
BTC bull or bear?Looking at the 1 day chart on BTC What is BTC playing inside the wedge. Will it break bullish or bearish? Time will tell If bullish target is between the 618 and 786 fib Histogram looking ok Willy is not yet over sold Volume is dropping off OBV has made a bullish cross For me I will be watching how BTC plays out this wedge before I make any trades. Sometimes its better to cool your jets rather than forcing a trade. * Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
BITFINEX:BTCUSD
by Cryptonite_trader
2