Strat = Showing good accumulation = Bull yet to come.
Strat tested the upward trend line after failling from ATH. [all time high] Broke the downward trend line on on 18th July.
It has now accumulating inside the channel.
Long term targets 1st Target = 0.00324 [upward channel line] 2nd Target = 0.00430 [previous ATH]
Can see a new ATH in coming weeks to months as there are some major releases in Q3 - Q4 2017
Stop loss = 1st SL = below the lower channel support 2nd SL = below the upward trend line support
Bullish Signals Ichimoku cloud breakout = Bullish Support at EMA 200 = Bullish Support at bottom of cloud = Bullish Upward Trendline support since March 2017 = Bullish
Possible scenarios We may see strat touch the bottom of channel once more to test it. = That would be instant buy signal
1st target would be the upward line of channel. Followed by retest of ATH