STR has been in a consolidation phase and resisted the recent market crash correction well only falling 21.99%. It has recovered quickly and the MACD and RSI look promising.
The recent propagation of STR into BTC addresses cause a drop in price so set stop accordingly but risk reward ratio is worth the trade in this case.
Buy zones: 180 261
Sell Zones: 171 525
Stop loss 157
Risk reward ratio:4.25
- Tenjin Crypto @Tenjin_Crypto
Follow, share and like for more regular trading analysis. Comments welcome. Tweet for quick responses.
As always, do not overextend on a position. Hold with 70% of portfolio and trade with 30% or less depending on your risk model.
Set alerts on blockfolio or whatever alert software you use for either sell areas or stop losses.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.