Today I'm sharing y'all, one of my top pick alt-coin for swing position. I'd done my research about this one and bullish with it's fundamental! Don't have to shill about this one, if you wanna know about it, you gotta DYOR. This thread is about TA only.
Looking at daily stratbtc chart we could see that it has got beaten up so bad from ATH. Right now this babe is like having a sleeping (or comma) on it's price but all altcoin pretty much got the same thing so don't need to worry much.
The price is currently on the edge of resistance downtrend line (in red line). Considering the overall market, I'd say it may breach the resist line today or tomorrow but don't hope too much coz if it go up, it'll be dead cat bounce and only hit the top of downtrend channel or tops at grey line.
But once again, I wouldn't be worry if it's go down again. If you confident with the fundamental, then the best time to start accumulate is when stratbtc entering the consolidation zone between 5.060 Sats - 5.940 Sats. As I predict, this beauty will about to wake up and shoot up on early April.
Looking at daily stratbtc chart we could see that it has got beaten up so bad from ATH. Right now this babe is like having a sleeping (or comma) on it's price but all altcoin pretty much got the same thing so don't need to worry much.
The price is currently on the edge of resistance downtrend line (in red line). Considering the overall market, I'd say it may breach the resist line today or tomorrow but don't hope too much coz if it go up, it'll be dead cat bounce and only hit the top of downtrend channel or tops at grey line.
But once again, I wouldn't be worry if it's go down again. If you confident with the fundamental, then the best time to start accumulate is when stratbtc entering the consolidation zone between 5.060 Sats - 5.940 Sats. As I predict, this beauty will about to wake up and shoot up on early April.
Comment:
6 days had passed and stratbtc is still consolidating between my consolidation zone
Comment:
The sleeping beauty has awake. Time to work that ass and get up and up. Looking at the chart it had through the falling wedge pattern along with significant amount of volume. Currently stratis is above EMA7 with the short-term target is draw on yellow price range defend by EMA21 and blue stripes resistance trendline. Swing target is on 50% Fibonacci retracement. Follow me to get more update trading ideas. Thank you and wish u a profitable trading. Cheers
The sleeping beauty has awake. Time to work that ass and get up and up. Looking at the chart it had through the falling wedge pattern along with significant amount of volume. Currently stratis is above EMA7 with the short-term target is draw on yellow price range defend by EMA21 and blue stripes resistance trendline. Swing target is on 50% Fibonacci retracement. Follow me to get more update trading ideas. Thank you and wish u a profitable trading. Cheers
Comment:
Short term target reached
