Long
Stratis Request for my follower
Hello, this is a trading idea that was requested from me by a follower.
I have not researched stratis that much from a fundamental analysis, and since I have no news from that coin, I suppose it will act normally like other coins. So I do not have the guarantee of the fundamentals, but I can read the charts, and usually retracements stop around that area. This coin is long term, so if you are a long term holder, you get it at a nice discount now.
It can go down lower, but in my opinion, we're pretty close to the bottom. I see a triangle forming, and a double bottom meaning the support is very strong.
Recommendation
Buy and hold.
I have not researched stratis that much from a fundamental analysis, and since I have no news from that coin, I suppose it will act normally like other coins. So I do not have the guarantee of the fundamentals, but I can read the charts, and usually retracements stop around that area. This coin is long term, so if you are a long term holder, you get it at a nice discount now.
It can go down lower, but in my opinion, we're pretty close to the bottom. I see a triangle forming, and a double bottom meaning the support is very strong.
Recommendation
Buy and hold.
Note
Bitcoin is killing alts. Halt the buys until bitcoin stabilizes. It's in a good buy range the stratis. Apparently there are some nice news coming out
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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.
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.