BTC_JackSparrow
Short

How to short STRAT

BITTREX:STRATBTC   Stratis / Bitcoin
TA:

~ Short term upward reversal on RSI
~ It saw nearly 50% gains in the last 2 days
~ ADX shows peak
~ Possible head & shoulders pattern developing

FD:

STRATIS released their 1.2 alpha version of their breeze wallet. Prices tend to go upwards before releases and correct afterwards, which seems to be happening now.

STRATIS might pump again end of the month when they release their MASTER NODES.

How to trade:

~ Short @ 58-60k
~ If 52.5k is reached and it bounces, make sure to buy back in
~ Sell on the next shoulder
~ Buy back in at end of shoulder if it bounces, else wait for a lower buy back target.

Comments

is more like "How to not trade STRAT" ...
+1 Reply
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