TRADE ANALYSIS: Stratis - Potential 49% ROI - 4.3:1 Risk/Reward

A break-out pattern on STRAT/BTC has been brewing nicely over the last few that qualifies with my trading rules and provides an excellent risk/reward ratio.

Stratis has been on a steady decline however since the MArch 18 low, price has formed a rounded bottom. With an impressive risk/reward ratio of 4.3 to 1, I'm willing to place a probability based trade with a potential 49% ROI.

After the impressive run in Bitcoin today, I'm expecting BTC to calm down and retrace which should push the alt pairs higher.

Follow this trade on TradingView => https://goo.gl/P51449

Reasons to BUY:

1. Breakout triangle has formed with a clear consolidation zone
2. Increase in volume prior to break out of consolidation zone
3. High return on investment (50%) with 4.3:1 risk/reward
4. Buy low / sell high - excellent upside potential!

Welcome your comments on my trade analysis.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.