pesch
Long

Stratis is going to make the next huge step!

POLONIEX:STRATBTC   Stratis / Bitcoin
strat is going to make the next huge step.

Stratis is currently touching the trendline of the uptrend (from June).
Based on Elliott waves theory and fib retracements we could see a raise from 0.0056 BTC to 0.0064 BTC .

As you can see in the chart, all major raises in the last month occurred with higher volume (traded volume > moving average of trading volume ).
Trade active: Trade is still active. Consolidation phase takes longer as expected. Stop/Loss placed arround 0.002.
What about growth from beginning to 130k? You dont take that into consideration?
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pesch dajspokoj
@dajspokoj, hi - i think the previous growth is not that important in TA. I just painted a picture of last month - but if you look on the past, the uptrend was absolutely stable (price raise on high volume). I dont want to judge if strate if under- or overevaluated. I just analyse the chart picture here.
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