Badrosha
Long

A&E Will it be the start to Mars?

POLONIEX:STRATBTC   Stratis / Bitcoin
what i see here is a form of bullish reversal pattern ( Adam & Eve ) with RSI divergence at lower time frames forming higher lows, the neck of this pattern is where u buy above but what i can also see that a breakout prior had also made another neck, so if I'm going to take a trade i can buy the first neck break or below if fell to the channel trend which less likely .. for long term trade which i prefer here, i see a bigger opportunity after breaking this main down trend if the new uptrend holds, Fib. levels are targets, depend on the waves count and how much volume and how big the next impulsive move up prior a breakout will determine some exit targets ..
P.s. this coin can go beyond Fib. and expectations whether upward or downward
"This is not an investment advice, Trade at your own risk"
Regards,
Thanks for the chart!
Lol, i didnt know the name of that adam n eve pattern,i always called it 'the camel' :D
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