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Stratis Long Term Trade

13 490
This is a long term trade and it's based on a trend reversal signal. The price is going to break SMA100 and it gives us a new trading opportunity. We can use the local high as a level for placing pending orders for buy. MACD lines and DMI confirm upward movement. But in short term we can see downward movement to the uptrend line. RSI confirms price reversal and it gives a bearish signal. If the market can stay above the uptrend line and bounce from it, we'll have confirmation of a new uptrend. Entry level is 0.000880 with stop orders below the support at 0.000360 level. Profit targets are 0.002500 and 0.004200 resistance levels.

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