Long

Stratis trend spotting / opportunistic entry

Updated
Volume on Bittrex went to garbage levels (170btc daily). Full retrace on fibo. Possible chance for nice gains.

Reasoning behind entering this mid/long trade
-Sold my bag earlier around 130k, bought in ages ago around 16-23k.
-Previously crap level volumes have indicated upcoming upward movement (altho one cannot rely on history facts it may play out well)
-Looking to re-enter around 65-67k -> ~ double the bag with profits
-full fibo retrace from last peak
-lack of interest -> time to buy
-Upcoming GLUON ico may revitalize trading (medium.com/@khilonecrypto/gluon-ico-review-887bea18f0af)
-Smart contracts q1-q2
-C# Corner in Delhi April 13th-15th
-Full Breeze node Q1-Q2.
etc ..

I'd say the fundamentals are there. Transparency of the Stratis team could be improved tho.

Targets:

-140k in late April -> HODL
-200k+ once ICO boom starts -> swing trading
-400k+ / ATH once Breeze full node gets released. -> sell at least 50% of the bag.
Long term 1year : hodl at least 1000 coins.

DYOR. Always.

Note
Buy in phase 1 entered. It might fall even further down!
Trend Analysis

Disclaimer