STRATBTC - Don't be fooled, wait a few more days before buying

If you're thinking about getting in on Stratis or buying more, don't be fooled by the green candle this past day. Market trend tends to stay inside the Bollinger Bands. I have pointed this out with arrows on the chart. You can see that once the price moves out of the bands it tends to jump back in. This last green candle just may be a way for the market to bounce back in before continuing on the downward trend.

MACD still shows downward trend. Let it cross, wait a few more days to see if the .786 holds, and let the volume pick up. As of now you have nothing to lose. If you wait a few days to verify it bottomed for sure, the price has a lot of potential to go much higher and I doubt it'll jump that fast. However if you waited a few more days and it didn't bottom out, you have a chance to get Strat even cheaper later on.

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Those of you looking to enter now (looks like there might be a break out going on with 1Hr candle sticks) can do so and put stop loss at around 0.0013BTC.

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If you don't want to take too much risk, now might be a good idea to take some profit if you entered yesterday. Still little to no sign that the bearish market has reversed so playing it safe might be a good idea.

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Stock up fellas...