STRAT still within a symetrical triangle in the 4hr charts

25 giu 2017

Just as it did yesterday on Friday, it broke the triangle that appeared on the one hour charts. Look for a breakout within the next couple of days and as late as the 28th. I expect the new and current support level to hold as it prepares for the next leg up.

-X

29 giu 2017

Nota

STRAT has moved into a descending triangle which means bearish momentum. The good news is it has tested support at the .00241 sitoshi mark three times and has bounced back.

I expect this to continue and the support to hold as long as the market itself moves into a bearish pattern. If this support does hold I would expect a reversal around this time next week.

-X