BITTREX:STRATBTC   Stratis / Bitcoin
Weekly
Looking at our higher timeframe we can see Stratis provides us many opportunities(short/mid/long). Double Bottom has been formed + Stochastic RSI showing us momentum is heading towards the upside. Get ready to take a ride to the moon folks. Ideas for short/mid/long will be provided, however I am saying now I highly recommend the long term ideas. Let’s get to it!

Daily
Taking a look at our trend timeframe we can resistance was hit @ 0.00070000.
If we look left (structure leaves clues) we can see price had trouble back in November 28th, & December on the 5th, 25th breaking through 0.00065000. April 18th price broke through and close above, today that is being tested for support. If we hold here, this is a perfect dip to buy. Option 2 wait for break and close above 0.00070000 on daily for entry.

4Hour
Shifting over to our pattern timeframe we can see a steady uptrend, currently being tested for support @ 0.00065000. Double bottom on trendline and psychological support. Stochastic RSI showing momentum is heading bullish . Break and close above 0.00066000, triggers an entry.

Hourly
Finally looking over @ our trigger timeframe we caprice is looking bearish short term. Supports @ 0.00065000 & 0.00061400. Stochastic RSI showing intraday bearish momentum. Waiting for a break and close above 0.00067000 on the hourly for an entry.

Target 1: 0.00100000 (Short-term)
Target 2: 0.00110000 (Short-term)
Target 3: 0.00130000 (Short-Term)
Target 4: 0.00170000 (Mid-term)
Target 5: 0.00370000 (Long-term)
Target 7: 0.00500000 (Long-term)
Target 8: HODL

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@WhaleAgents

Really good and technically precise chart. Can you update please?
Reply
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