MikeCryptoSignals

STRAX can be doing very well in the upcoming days/weeks

Long
BINANCE:STRAXBTC   STRAX / Bitcoin
#STRAX / BTC ( BINANCE )

Buy Range : 0.00002460-2480

Stop Loss : Daily close below 0.00001990

Target 1: 0.00002790
Target 2: 0.00003150


- Good moment to trade STRAX once again after have around 40% profit in our last spot trade
- STRAX is bouncing from the MA200 in 4h and looking to the recent past this could be the lowest point to buy while we stay in a bull market.
- RSI touched oversold zone and price action back above MA200
- In hourly timeframes we could be looking for a retest ( Double bottom ) or a higher low before have a go higher. But this zone should be good place to buy as others does.

Good risk/reward. Looking for a upside movement in the following days.

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