Stratis (STRATBTC) couldn't remain above MA200 and prices dropped below this level.
The good news is that bullish divergence exist with the MACD and a higher low was printed, this can signal that the retrace is over and Stratis will soon resume its growth.
The arrows on the chart mark my main bullish scenario. This is what we believe will happen after the higher low.
The red dashed line at the bottom is our stop-loss.
Thanks a lot for reading.
This is not financial advice.
Namaste.
The good news is that bullish divergence exist with the MACD and a higher low was printed, this can signal that the retrace is over and Stratis will soon resume its growth.
The arrows on the chart mark my main bullish scenario. This is what we believe will happen after the higher low.
The red dashed line at the bottom is our stop-loss.
- Trading above this level keeps us bullish and waiting for an impulse move up.
- If prices move below this level, the above signals become invalid.
Thanks a lot for reading.
This is not financial advice.
Namaste.
Comment:
TARGET:
1) 0.00004800 |Hit 19-Mar. (+23%)
2) 0.00005300 |Hit 19-Mar. (+36%)
3) 0.00005900 |Hit 19-Mar. (+51%)
4) 0.00006800
5) 0.00007700
6) 0.00008900
7) 0.00009700
8) 0.00010700
1) 0.00004800 |Hit 19-Mar. (+23%)
2) 0.00005300 |Hit 19-Mar. (+36%)
3) 0.00005900 |Hit 19-Mar. (+51%)
4) 0.00006800
5) 0.00007700
6) 0.00008900
7) 0.00009700
8) 0.00010700
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BUY: 0.00003300 - 0.00004000
TARGET:
1) 0.00004800
2) 0.00005300
3) 0.00005900
4) 0.00006800
5) 0.00007700
6) 0.00008900
7) 0.00009700
8) 0.00010700
STOP: Close weekly below 0.00002850
DATE: 18-March | 10:17 AM GMT-4.