STRATUSD just released their roadmap for the remainder of 2017. After an astronomical bullish run, a correction was in order before the next wave. Prepare for STRAT to return to a top-10 market cap coin as their platform is finalized and they increase their marketing efforts.
Great analysis, exactly what I have been thinking too!
mitarcher
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@mitarcher, Where would you say a good entry point would be?
GucciBuddha
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@mitarcher, Based on Fib levels and the daily RSI I would say right now. Wait for bullish confirmation and will update if my analysis confirms
mitarcher
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@Josh Wollman, 0.0012 looks like a key level to look for
fred0002
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@mitarcher, Indeed, it does. I would like to remind you that last huge spike in Juli also stayed at 5-5.5$ when RSI was under 30 and then dropped to 2.84$. Not that the past has the impact on the future. Just that Stratis has weird tendencies.
mitarcher
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@fred0002, Let's keep a good watch on this opportunity! Currently MACD indicates to wait
fred0002
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Let me understand this: Your arrow indicates if it goes under the blue line next support level is grey line. Wouldn't buying now be a bad option before we can confirm resistance? So my question is, do you think it will drop down to 0.0006-8 btc levels before next wave comes?