Short
STRAT - first short and then long at the bottom of channel
Stratis is one of my favourite projects in the world of cryptocurrency and corporate blockchain solutions. It price went down a lot, and I believe it is the right moment to look for the uptrend.
Chart is now at the top of the channel and it looks like it will reject resistance at 645200 satoshi. I find it as opportunity to open short position and keep it to the bottom of the channel, then I will definitely reverse my position and open long.
To be honest I'm holding some small amount of STRAT from last year - I forgot to sell it when the market starts to go down, but I still believe in this project, which is supported by amazing platform dedicated to corporate clients and what is very important, Stratis have great team. I'm not only looking at STRAT as trading instrument, but also as long term investment.
Chart is now at the top of the channel and it looks like it will reject resistance at 645200 satoshi. I find it as opportunity to open short position and keep it to the bottom of the channel, then I will definitely reverse my position and open long.
To be honest I'm holding some small amount of STRAT from last year - I forgot to sell it when the market starts to go down, but I still believe in this project, which is supported by amazing platform dedicated to corporate clients and what is very important, Stratis have great team. I'm not only looking at STRAT as trading instrument, but also as long term investment.
Trade closed: stop reached
STRAT is growing - I had to close this trade. I will definitely watch more carefully to SMA20 at next trades on STRAT/BTC, because maybe it could be treated as good support level.
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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.