Short

Stratis | Taking Profits and Enter lower | 300% to ATH

Aktualisiert
Stratis is another coin that I charted, but chart was removed by admins.
Our original entry there was 90k. We are now up about 50%, and I want to take some profit.

Never just jump in or out of a coin, no matter who is telling you to. Always do your own research and analysis.

That being said, if you've been following this coin, and you have some, I believe this is a great time to take some profit.
Excuse the quick chart, but I think this is a time-sensitive trade.

Stratis appears to be hitting up on resistance in the new channel it is traveling in.
In addition RSI is overbought and hitting on similar levels that triggered a correction.

If you take profit make sure to reenter, as I also believe that Stratis will blow through it's ATH.
Protocol coins are the coins I believe have the biggest long term upside as these are where platforms, company, applications, etc. will thrive!

Will update with a longer term outlook. Just wanted to slap this together to give you guys my up-to-date trade.
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Trade Details
I only want to take profits in order to enter lower, and gain more Stratis. Since this is alt season it it is possible for Stratis to blow through resistance. Thus, I will only be taking about 30% of my position for profit.
Entry below is good for both new people who want Stratis and for people who want to reenter.
If idea breaks down and Stratis does not correct into entry zone, look to enter back at 145k

Take Profit: 137k - 127k (10-50% of position)
Enter: 121k - 115k

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As always, please feel free to ask me any questions you have. Always willing to have discussions with new and experienced people alike!
Trade ist aktiv
Reentered majority at 121k. Reentered rest of position now.
Stratis only had a minor correction with a wick touching down on first FIB support. Pretty clear break out from resistance now. May want to watch for support test of old resistance before walking away from trade.
Trade ist aktiv
We appear to be testing old resistance as support here. I like these kinds of support tests as a bullish signal

Reentered majority of my position at 121k
Lower orders didn't fill, so I will enter here at 138k
Leaving some out in case we dip lower.

I see next target at 159k (1.618 FIB Line)

Snapshot
Trade ist aktiv
Alts are dipping at the moment. This means we have a great opportunity to accumulate more.
And look at that! Stratis is back in our accumulation zone. I'll be looking to pick up a little more around here (125k)
Snapshot
altcoinALTSaltseasonBitcoin (Cryptocurrency)cryptoCryptocurrencyFibonacciParallel ChannelstratSTRATBTCstratisSupport and Resistance

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