Long
Stratis 1-Hr Chart – Bull Flag
Target: $13.25
Stop- Loss: $9.12
Straits is one of the only coins down today, which I think presents an opportunity. It has been trading around its all-time high for a while now and is looking fairly bullish on the 1-hour chart according to Bull flag & RSI. Mid-term support should also hold if we break down from the flag by chance. If this does occur, and the support line breaks, exit the trade.
Stop- Loss: $9.12
Straits is one of the only coins down today, which I think presents an opportunity. It has been trading around its all-time high for a while now and is looking fairly bullish on the 1-hour chart according to Bull flag & RSI. Mid-term support should also hold if we break down from the flag by chance. If this does occur, and the support line breaks, exit the trade.
Note
we are testing the lower trendline and need volume to pick up.Trade closed: target reached
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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.