Stratis ( STRATBTC ) is ready to move. Just take a look at the chart above and follow me for a few minutes, allow me to entertain you... this entertainment can result in massive profits if you take action.
Let's take a look.
Stratis weekly chart analysis
- We start by noticing the biggest bar for Stratis since its inception to Binance. Last week the was higher even when STRAT was on its bull run.
- After hitting a low point on August, creating a , started to increase. We are seeing higher lows and even higher highs.
- With the biggest ever, EMA10 has been broken (green line). This is the first time since May, and that was a fake out. Expect lots of action from Stratis in the months to come.
- crossover, clear and strong.
- coming out of oversold. STOCHRSI is .
- The price where Stratis found support, was only hit once back in October 2017. This is a strong support and we are expecting action from here.
- Here is my long term trade for STRATBTC:
- 77 Days since low point was hit, and we are just starting to move up. Slow steady growth is good as a start, it signals strength. A strong push up would only mean a corrective wave. But starting slow, strong accumulation and sealing support (bottom), only reinforces what we already know... The altcoins market continues to hit up.
If you like Stratis and this post. Please enjoy LIFE, hit LIKE, love, share, follow, comment and support.
It has great potential for 2019 and beyond.
You can use volume as a very strong indicator and it only adds up to your other signals. You need a combination of signals to reinforce what you are getting from the charts... and yet you still need to be open for all these breaking down, and you take into consideration also the opposite scenario.
- Notice that after the first high volume bar, the price increase by over 34%. From bottom to top, the whole wave generated 80% profits, and the same came early on the daily time frame. This can be a very useful tool, keep it close.