STRBTC
STR/BTC The Bullish State of The UnionAppreciate the bounces, and buy on the dips.
Let's see where it takes us in the next 8 hours
STR/BTC - Depends on BTCSTR dropped below the Bullish Divergence line last night.
Not what we were looking for, however, BTC did jump to ~1920...
Note the series of retraces over the next 8 hours, to see if we get back inline with projections and see if Ranging is over with or will continue for some time longer.
If you are not in a trade, consider waiting to see what happens. If you are, good luck for now.
STR/BTC Following Bullish ChannelWhat you will notice here is the big dip lastnight into this morning makes for a nice upswing.
The interesting thing here to notice on MOST dumps then ups, you will see the State of Texas forming in the trend, and end up looking like the United States... seriously it looks like that almost always.
On this chart, the State of Texas isn't really shaped like Texas, so we can notice that the uptrend is moving slowly. This occurs usually before a big shift in Intra-day trend moves into the longer-term swing of things.
This stated, appreciate your position to go Long here and ride the wave, adding to your position on each dip
STR/BTC Uptrend ComingSymmetrical Triangle is about to break through and along the Bullish Divergence Line.
Expect to set sail. This is a great range to grab a position for the next month.
STR/BTC Pendant Broke. Heading to Descending Triangle Trgt 1750Target is in the ~1700s to hit the Descending Triangle Bottom.
STR/BTC Pendant to Fall into Descending TriangleThe Pendant is looking to break in a moment here.
We have had a bullish presence to retrace the massive drop earlier. Thing to remember here is large moves tell signs of where the major trend will go.
The Pendant is asking to break and fall into the Descending Triangle for Intra-Day trend Bearish.
STR/BTC Next MoveAs the Pendant is broken, another Ascending Triangle is about to pass, leading to a Falling Wedge for breakout upward.
STR/BTC Uptrend ContinuanceThe Inverse Cup and Handle just broke a few minutes ago and the Pendant is broken as well.
Stellar - possible trend reversal.This was a great bullrun, but I think it's over. Very good risk/reward ratio to open a short position.
