RotiWokeman

STRAT-BTC Long-term - preparing for 120% gains

לונג
I think STRAT is a great hold for 2018 as enterprise technologies are going to explode. If not in Q1 then certainly by the end of the year. I have been looking at STRAT on multiple time frames.

(Edited. Apologies, I didn't set my global Fib correctly and we're looking at both the 3D and 2D timeframes here)

Here we see that right through the BTC correction it has obeyed a steadily fanning channel and looks to be gearing up for an edge-to-edge cloud break of the 2D timeframe (these are all hypothetical but it does line up very well with the speed of the market and shape of the global Fibonacci retracement levels right now).

It's also oversold on both the 4H and 1H as of this writing, and the RSI is trending upward on the 15min.

On the 1H we see a red 9 via the T.D sequential indicator, and considering all market conditions and the oversold RSI, this is a great opportunity to buy in and hold for a few days, in my opinion.

It would not be too far-fetched to expect a target of 0.00237

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