Updated
STRAT; one more drop before lift off?
Stratis seems to have found a bottom and has touched upon a long term trendline twice now. MACD is already green, but it looks like the second bounce can't overcome the first bounce and it is also overbought at the 4h and daily candles. So I think stratis has to cool off a little and go for another trendine touch. From there, there is a lot of room for stratis to go up.
Trade closed: target reached
Sometimes you have to play the waiting game. Target reached ;)
Note
This actually played out perfectly.
Related publications
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.
Related publications
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.