Stratis has followed other coins in reaching higher levels in the recent days. That has led the coin to break the multi-week trend line resistance that currently sits around 0.0004060. Moreover, the coin is also trading above the 100 and 200 MA levels on the h1 charts, which will provide additional support to buyers.
Our advise is to go long the Stratis at current or near levels and trade it against the trend line support (previous resistance) and 100 MA on the H1 chart. In general, one can never be 100% assured if the setup is correct otherwise everyone would be making tons of money but as long as our trading parameters have been met, we can enter the current market looking for a healthy profits.
Stratis
Entry: Long
Level: 0.0004150
SL: 0.0003950
Profit-taking level: 0.0004550 - 0.0004600
R:R 2.38:1
Our advise is to go long the Stratis at current or near levels and trade it against the trend line support (previous resistance) and 100 MA on the H1 chart. In general, one can never be 100% assured if the setup is correct otherwise everyone would be making tons of money but as long as our trading parameters have been met, we can enter the current market looking for a healthy profits.
Stratis
Entry: Long
Level: 0.0004150
SL: 0.0003950
Profit-taking level: 0.0004550 - 0.0004600
R:R 2.38:1