Overview of the situation : Stratis has reached its ATH in summer 2017 then has declined until end of October 2017, like of altcoins that were strongly present last summer on the market. During November & December, Stratis has consilated and started to break the negative trend it has been following for months. As it is drawing a huge & wonderful cup, we have notice a strong decrease in early February despite huge news like the announcement of 2 ICOS and a partnership with C#Corner. After reaching 0.00160, the market situation has became terrible with a a weak Bitcoin and a global marketcap which has been divided by 2 since the 1th January.
Looking at the , we can see that Stratis is low and should invert the trend soon and leave the it has been following this week. Stratis is now in a good situation to reach new highs 2018. The market is recovering and so the alts are becoming greener these days even if we still have to be careful. We are coming at the end of a huge triangle which started in June 2017 which will show us a strong change in the trend of the coin. I am expecting a breakout before the end of April breakout.
Buy zone : Between 800 - 950
*resistance zone possible around 1024 (low of )
Thank you for your reading,
I will post some updates about my thoughts and indicators performance for this coin.