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The pennant formation setup on Stratis (STRAT) is a low risk high reward long trade.
To have a larger view of the chart, just right click on the chart image and select "View Image"
Whilst others coins have taken a hammering ,Stratis has remained indifferent just travelling sideways treading water.
We currently have a Doji on the daily chart this presents for us a low risk long trade entry. If it breaks the top of the high of the Doji, we have our bullish confirmation and a trigger to enter long. Our stop will be at the low of 26 June 2017.
Roadmap:
I have 3 targets in mind:
T1 0.004181BTC
T2 0.005300 BTC
T3 0.00620
Hope it helps.
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Analysis by: Sean Vengan 28 June 2017
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