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.
Comment:
we are testing the lower trendline and need volume to pick up.
Trade closed: target reached