- Coming to a decision on 12/27; lined up perfectly with a kumo twist - nice chance of kumo breakout.
- Somewhat similar to previous bullish breakout (price crosses above cloud followed by bullish SMA crossover 50 over 100)
With respect to fundamentals, Stratis last hyped announcement proved to be a dud. The next major release occurs on 12/31. It would make sense to see a very bullish breakout based on the hype surrounding this.
Conclusion: Short term, we should see stagnation/decline. Draw key lines of support/resistance to find good entry points for accumulation. Don't wait too long, especially if you see bollinger bands tighten on higher intervals. The hype surrounding this next major release is going to be enough to pump stratis really hard. Even a bitcoin rally would be irrelevant; Stratis will easily outperform it as 12/31 approaches.
- Somewhat similar to previous bullish breakout (price crosses above cloud followed by bullish SMA crossover 50 over 100)
With respect to fundamentals, Stratis last hyped announcement proved to be a dud. The next major release occurs on 12/31. It would make sense to see a very bullish breakout based on the hype surrounding this.
Conclusion: Short term, we should see stagnation/decline. Draw key lines of support/resistance to find good entry points for accumulation. Don't wait too long, especially if you see bollinger bands tighten on higher intervals. The hype surrounding this next major release is going to be enough to pump stratis really hard. Even a bitcoin rally would be irrelevant; Stratis will easily outperform it as 12/31 approaches.
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