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