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tjpezlo
Dec 18, 2018 2:32 PM

Strat Bottom Long

Description

-About to breakout from a Falling Wedge
-Fanchart breakout imminent
-Bounced at a critical support line and trend support line
-Bullish Divergence
-A break above the resistance (greenline) is a confirmation for an entry

Initial 40% Target
Stoploss at 0.00014

Not a Financial Advise!
Goodluck Amigos!

Trade active

looks like that was the local top for strat. A short term bearish signal showed which could give us a goo reentry point at .618 fib level. Will update it once it completes retracement.

Stay Safe Amigos!

Comment

Possible bounce play

Comment

Classic Mega Phone

Comment

A break below the red trendline will confirm downward move for Strat.

Trade active

Break down confirmed!

Comment

Bearish signal for strat is confirmed
Comments
cardan6006
well, when down? the sample has been confirmed
tjpezlo
@cardan6006, Bullflag continuation signal confirmed. will update it bro once it peaks.
CryptoEngineering
kovenant
sold at 31.5k. hopefull it will retrace 20k point for re-entry
tjpezlo
@kovenant, nice gains. Congrats. We will have our next good entry.
kovenant
@tjpezlo, looks like another breakout. what do you think?
lolindor
@tjpezlo, you might want to pay attention to previous rally on stratis in terms of retracement. Im pretty sure strat is now forming a bullish pennant around these levels and breakout tomorrow, maybe monday.
tjpezlo
@lolindor, I see it, 3 wave count, not a strong case for a pennant but I will watch how it develops. I'm still bearish short term unless the red line (see bottom chart) breaks and fails to act as a resistance. thanks for the feedback
cardan6006
yesterday I sold at 32700 today i see 37,000. But what about 23,000?
tjpezlo
@cardan6006, Good profits, congrats. we wait for a good reentry. entering now is risky. short term bearish divergence signal appeared last night and still valid. momentum is weakening. It needs to correct its price for a much larger move in the coming days.
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