Updated
STRAT, are we seeing a trend reversal?
-Daily SRSI bottomed.
-Moved above weekly open.
-Moved above multiple MA's on lower timeframes
-Moved above 5 MA on Daily
Obviously BTC decides the direction here. If BTC keeps in an uptrend or keeps ranging between 3-4k my guess is altcoins will do well.
Will we see a 1:1 extension or are we going for a double top?
-Moved above weekly open.
-Moved above multiple MA's on lower timeframes
-Moved above 5 MA on Daily
Obviously BTC decides the direction here. If BTC keeps in an uptrend or keeps ranging between 3-4k my guess is altcoins will do well.
Will we see a 1:1 extension or are we going for a double top?
Note
It seems btc atleast spoiled the party. Strat made a 12% drop after i posted the chart.tradingview.com/chart/Iyy9nb7l/
Im optimistic about STRAT in this range, we are seeing some indecisive candles on the 4h. We need some buyers to step up. Weekends volume is lower, so lets see.
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