STRATBTC
Technicals:
Falling wedge (continuation pattern, bullish in this example)
Bollinger Band Contraction (ready for break-out)
RSI Divergence (hint upward movement
Fundamentals:
Mainnet wallet release
twitter.com/str...990140091387906?s=09
How to trade:
Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling wedge
Buy a retest of the former resistance (top of falling wedge) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.
Technicals:
Falling wedge (continuation pattern, bullish in this example)
Bollinger Band Contraction (ready for break-out)
RSI Divergence (hint upward movement
Fundamentals:
Mainnet wallet release
twitter.com/str...990140091387906?s=09
How to trade:
Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling wedge
Buy a retest of the former resistance (top of falling wedge) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.
Comment:
broke out
Trade closed: target reached:
130% profit, will continue to move up.
sold 40% of position to regain original investment, will let the rest ride Q1 2018.
sold 40% of position to regain original investment, will let the rest ride Q1 2018.