Stratis has the Smart Contracts Alpha catalyst today and has hit long term support with a breakout coming soon. 1H Stoch is down. BTC looks like it's hitting a bounce zone.
Entering a position. Potential C&H could be forming.
Oversold, far from Ichimoku Cloud, multiple bullish divergences, bottom of bollinger band, everyone is scared.
>>Stacking longs & keeping a tight stop on my short from the top.
After a 1000$ Falling Wedge resistance finally breaking, BTCUSD has broken the downtrend line. It seems as if we'll be making an Inverse H&S with the trend being fairly strong as the 4H Bullish Divergence finally comes into play with the 1H breaking the downtrend as well.
The price should retrace back down to the Falling Wedge's (Red) resistance line as the 1H...
