5/28/18
- Per Request, here is what I'm seeing on STRAT
- looks like were near strong support levels at the 0.786 fib and the lower trend line of the symmetrical triangle (5660)
- If we can hold here, we could see an attempt at a bull run
- RSI and Stoch RSI looking bullish on the 4H and 1D time frames but not sure if well have enough bullish momentum to break through the strong resistance zone (red box)
- potential trade idea
entry: <5700
Target 1: 6750 (+17%)
Target 2: 7530 (+32%)
Target 3: 8660 (+53%)
Stop loss: 5400
Please understand that all trades are very risky given the current state of bitcoin, which is why I would have a tight stop loss. Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- Per Request, here is what I'm seeing on STRAT
- looks like were near strong support levels at the 0.786 fib and the lower trend line of the symmetrical triangle (5660)
- If we can hold here, we could see an attempt at a bull run
- RSI and Stoch RSI looking bullish on the 4H and 1D time frames but not sure if well have enough bullish momentum to break through the strong resistance zone (red box)
- potential trade idea
entry: <5700
Target 1: 6750 (+17%)
Target 2: 7530 (+32%)
Target 3: 8660 (+53%)
Stop loss: 5400
Please understand that all trades are very risky given the current state of bitcoin, which is why I would have a tight stop loss. Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*