rjmacarthy
Long

STRAT support with cup and handle (Decision Time)

POLONIEX:STRATBTC   Stratis / Bitcoin
Hi folks, as you can see STRAT has bounced off it's channel support and decision time for a rise is near with cup and handle pattern formation coming to an end. If the pair manages to break out of its local down trend channel we can expect to see it reach levels of around 0.002 level of resistance.

The STRAT team is currently attending the bitcoin super conference in Dallas which should help to create some volume and potential upwards price momentum to fulfill this idea.

Potential to break the 0.02 area will put STRAT into new territory which potentials to reach a new all time high against BTC .

Checkout the conference here:

https://www.bitcoinsuperconference.com

Trade active: Decision time for STRAT at this level. Hoping for a break upside. We will continue to watch at these levels.
Comment: The short term trend line was broken forcing this coin down to lower levels. We still hold our long position from November where we bought in at 52k satoshi
Comment:

Now might be a good time to accumulate more STRAT whilst the price is low.
Comment: We have updated our idea here:

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out