STRAT/BTC AnalysisSTRAT has broken the long term downtrend line(dotted) with 200 MA(Moving Average) and have moved significantly(150%+).
It has tested resistance 0.0004500+ and its undergoing a correction(dip).
Levels of support(buy levels) are shown in the chart and expect a more upside if the bitcoin doesn't dump significantly.
STRATBTC
STRATBTC Latest Technical Analysis.You can See STRATBTC Chart in 1 Day Time-frame.
Which is following the symmetrical triangle pattern.
You can see That First small symmetrical triangle breakout but if you noticed
previous High between a symmetrical triangle formation.
it seems like that we are still in the symmetrical triangle.
For what we are waiting we are waiting for the Breakout of the symmetrical triangle.
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
A trading opportunity to buy in STRATBTCTechnical 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
A trading opportunity to buy in STRATBTCTechnical 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 43.
. 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 (0.00020940 to 0.00015270). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00020940)
Ending of entry zone (0.00015270)
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= @ 0.00100760
TP8= @ 0.00126220
TP9= @ 0.00151580
TP10= @0.00187720
TP11= @0.00233840
TP12= @0.00320000
TP13= Free
There is possibility for the beginning of uptrend in STRATBTCTechnical analysis:
STRATIS/BITCOIN is in a range bound and beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 70.
Trading suggestion:
The price is in a range bound, but we forecast the uptrend would begin.
There is still possibility of temporary retracement to suggested support zone (0.00063 to 0.00041), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00063)
Ending of entry zone (0.00041)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00079
TP2= @ 0.00103
TP3= @ 0.00128
TP4= @ 0.00162
TP5= @ 0.00243
TP6= @ 0.00320
TP7= @ 0.00468
TP8= Free
Buy Entry for (STRAT)BTC on BittrexHere We have Buy Entry for Stratis BTC in Bittrex
Bollinger Band Showing entry point Chart Follow Rectangle Pattern with following Support and Resistant Level
this is MID term Signal very Good for Buy .
Best of Luck.