Technical analysis: . STRATIS/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00021500 to 0.00018200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00021500) Ending of entry zone (0.00018200)
Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00029000 TP2= @ 0.00036060 TP3= @ 0.00044860 TP4= @ 0.00058100 TP5= @ 0.00069300 TP6= @ 0.00083750 TP7= @ 0.00100700 TP8= @ 0.00126200 TP9= @ 0.00151580 TP10= @ 0.00187700 TP11= @ 0.00233840 TP12= @ 0.00320000 TP13= Free
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