Short
STRATBTC: Short to 3600 and then hard up summer 2019
Updated
Dear trading enthusiast,
Like most coins STRATBTC is still correcting from the 2017 pump. Ever since that pump, price is being attracted back to the 3600 sat support level.
There is plenty of space above the current descending triangle and I think Stratis will be one of the first altcoins to see her previous ATH.
Stratis seems to be 6 months leading in terms of pumps and corrections. Summer 2017 pump vs jan 2018 pump of other alts and same for the price rise in Nov 2018 vs the alts Feb 2019.
Bottom-line: I think we will see STRATBTC correct significantly down in search of the 3600 bottom and the see huge pump after breaking out of the triangle this summer.
TheNDK
This post is obviously just for your entertainment and not financial advice
Like most coins STRATBTC is still correcting from the 2017 pump. Ever since that pump, price is being attracted back to the 3600 sat support level.
There is plenty of space above the current descending triangle and I think Stratis will be one of the first altcoins to see her previous ATH.
Stratis seems to be 6 months leading in terms of pumps and corrections. Summer 2017 pump vs jan 2018 pump of other alts and same for the price rise in Nov 2018 vs the alts Feb 2019.
Bottom-line: I think we will see STRATBTC correct significantly down in search of the 3600 bottom and the see huge pump after breaking out of the triangle this summer.
TheNDK
This post is obviously just for your entertainment and not financial advice
Trade active
The 16K support did not hold. So I expect Stratis will keep sliding downwards coming days and to stay in the descending triangle. Once bitcoin drops significantly from the current highs, I expect to see a hard drop on all the alt coinsTrade closed: target reached
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