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MikeCryptoSignals
Jan 17, 2021 10:31 AM

STRAX / BTC Looking good for a try ! Long

STRAX / BitcoinBinance

Description

#STRAX / BTC ( BINANCE )

Buy Range : 0.00001382-1450
Stop Loss : Daily close below 0.00001175

Target 1: 0.00001986



STRAX is performing really well in the last week. We see how price is trying to break above moving averages while oscilators are pushing higher

- RSI leave oversold area pointing up
- Momentum indicators suggesting turning into green territory
- MACD , STOCH and CCi looking bullish



- RSI bullish divergency in Weekly chart
- Last week candle suggest bear action has ended and we can expect some bounce up

- Dominance is going down and many alts are outperforming bitcoin. I think this target is perfectly reachable for strax ( old strat ) . If we see a closed candle below daily MA , then we have to be a bit careful.

Remember use correctly your funds.
Good luck

Trade closed: target reached

Nice profits
Comments
ridwansadega.rs
Hi, nice TA, what is the third indicator you're using?
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