Long
Stratis possible breakout? Let me know what you think!
Disclaimer: I am an absolute beginner with TA and am hoping for expierienced Advice on my take.
Strat has been following the bullish channel nicely over the past few days, expieriencing a false Breakout hitting resistance around 118850, fell right back and found support on Ichi Cloud. Been moving nicely along cloud support since then and is currently retesting resistance level 118850.
If resistance is broken (MACD looking good) I think we will be heading towards 148251. If not, it will fall back into channel, possibly forming Cup and Handle.
In any case Stratis Plattform will be having a glorious 2018, good working Product and active and motivated developer team. I reccomend you take a look for yourselfs.
Happy New Year!
Strat has been following the bullish channel nicely over the past few days, expieriencing a false Breakout hitting resistance around 118850, fell right back and found support on Ichi Cloud. Been moving nicely along cloud support since then and is currently retesting resistance level 118850.
If resistance is broken (MACD looking good) I think we will be heading towards 148251. If not, it will fall back into channel, possibly forming Cup and Handle.
In any case Stratis Plattform will be having a glorious 2018, good working Product and active and motivated developer team. I reccomend you take a look for yourselfs.
Happy New Year!
Note
So Resistance at 118850 broke, next test I guess will be around 120012, once that is down 14 hundreds coming :DNote
* forget the 120012, meant to put 126012.Note
The Trend failed Resistance and is now channeling sidewards, forming the possible handle.Trade closed: stop reached
Stratis went full on bear momentum, long run still looking bright!
Disclaimer
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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.