Stratis - Moon if Alt Market Stays Healthy

(Trade this coin on Binance in my signature. Fees are 0.05% with Binance Coin instead of 0.25% on Bittrex)

I literally know nothing about STRAT. Like, nothing at all, even though I've been hearing about it since September.

Regardless, we have a trade set up, in my opinion. STRAT broke out of a long term downtrend line on the 6H chart a few days ago but proceeded to show no further upward movement, but pulled back.

We've now had a retest of the breakout point and, in my opinion, have had confirmation of further upward movement during today's breakout.

Long Trade:

Between 00105-00110
STOP 0089
Target 00200
RR: 6.82

I think so long as the alt market stays healthy and doesn't get blown up by some movement with BTC that this trade will hit very frequently.

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Comment:

Strat still trading pretty sideways, which isn't so bad considering BTC is continued downwards movement.

Trading in a large channel on the 6H. Looking for a break over 00120 to confirm further upward movement.

Comment:

This has taken a little bit longer than anticipated, and this current chart is on Binance.

But, this is looking like it's about to geyzer. Mandatory take profit at 1600-1700 sats.

Trade active:

Big breakout. Just started to touch the top of the channel. Look for 4-6H candle closes over 120 and then we should see a run towards target.

Comment:

Right now I expect Stratis to test and break through it's prior ATH on Binance and the .786 fib from Bittrex.

Looking good. Congratulations on being in profit.