sebastian.soik

STRBTC - new upward movement initiated

Long
sebastian.soik Updated   
POLONIEX:STRBTC   None
As described in my last analysis STRBTC had a natural pullback phase over the weekend.
Target was exactly hit and we now see a strong upward movement.

Link:

As shown in the chart we still need a clear buy signal that would be confirmed at the 1H RSI.
MACD confirms trend reversal, Momentum turned into the green.

Depending on your trading style and risk management we should buy into the market at one of these certain points.


STRBTC market may be connected to Ripple market. We have an important market event one week ahead

Ripple Conference
The superstar of growth has been Ripple.
In one week from today Ripple will hold their first-ever annual conference called SWELL. Speaking at the event will be two of the world’s most famous innovators. Tim Berners-Lee is largely known as the inventor of the Internet and Ben Bernanke the father of Quantitative Easing.



Target is set to former high for now but a further surge to new highs is definitly in the cards. Stay tuned for updates
Comment:
Swing low confirmed.

BUY SIGNAL!!
Comment:
Warning - critical pullback

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.