A look at Stratis last month's performance shows us that we are about to have a new try in breaking out. With the Sidechain Masternodes being released at July 1st (right when the triangle is closing in) and the testing phase beginning next Monday, we might see a first breakout attempt in a couple of days after touching the lower trendline. If Stratis manages to break out, we can expect to see a little rally. If the release is a sucess, we can maybe even see a bigger one! Let's join the release party!
Buy-in: 11300-11600 sats or after breakout confirmation at 13000 sats
Stop/Loss: 10000 sats
Targets are very hard to determine. Once a new milestone appears to be incoming, the market can go crazy at times - into both directions. Prepare for a huge drop after July 1st and try to save earnings by adapting your stop/loss to the price increase before the release. Happy Trading!
Buy-in: 11300-11600 sats or after breakout confirmation at 13000 sats
Stop/Loss: 10000 sats
Targets are very hard to determine. Once a new milestone appears to be incoming, the market can go crazy at times - into both directions. Prepare for a huge drop after July 1st and try to save earnings by adapting your stop/loss to the price increase before the release. Happy Trading!