TECHNICALS
Hi folks,
I have previously made some extravagant claims on this coin...Maybe I was blinded by hype. Here is an updated chart and where I see this coin going within the next few months. I believe the general bear market and lack of volume has kept this pair back from making some substantial gains in relation to other pairs in the same category.
The chart explains some technical sides of this possible swing to ~ 250k Satoshi where there will be heavy resistance.
STRAT has had quite a small breakout of a large descending wedge but the lack of volume prevented this pair from taking off properly. The RSI has touched over sold and the pair also bounced off its long term up-trend line, break down of this line was crucial and did not happen. The MACD looks to turn positive, but we need a break into positive integer to confirm reversal.
NEWS
On the 5th of march Pacific time the first ICO will begin on STRAT which is the Gluon ICO (Link below)
www.gluon.com/tokensale/
Smart contract developer Jordan Andrews from Stratis will also talk about C# smart contracts in London blockchain expo 18-19 April 2018
blockchain-expo.com/...kchain-applications/
The trade technicals and news announcements around the corner might be enough to push this coin to the target.
There are a few other announcements and news around the corner for this coin, keep an eye out on twitter and their blog for updates.
HOW TO TRADE
Buy levels - 70k - 75k
TP1 - 250k satoshi.
TP2 - Hold for ATH.
Stop Loss - 50k satoshi but this should not happen.
PS: Only invest what you can afford to lose.
Good luck!
Hi folks,
I have previously made some extravagant claims on this coin...Maybe I was blinded by hype. Here is an updated chart and where I see this coin going within the next few months. I believe the general bear market and lack of volume has kept this pair back from making some substantial gains in relation to other pairs in the same category.
The chart explains some technical sides of this possible swing to ~ 250k Satoshi where there will be heavy resistance.
STRAT has had quite a small breakout of a large descending wedge but the lack of volume prevented this pair from taking off properly. The RSI has touched over sold and the pair also bounced off its long term up-trend line, break down of this line was crucial and did not happen. The MACD looks to turn positive, but we need a break into positive integer to confirm reversal.
NEWS
On the 5th of march Pacific time the first ICO will begin on STRAT which is the Gluon ICO (Link below)
www.gluon.com/tokensale/
Smart contract developer Jordan Andrews from Stratis will also talk about C# smart contracts in London blockchain expo 18-19 April 2018
blockchain-expo.com/...kchain-applications/
The trade technicals and news announcements around the corner might be enough to push this coin to the target.
There are a few other announcements and news around the corner for this coin, keep an eye out on twitter and their blog for updates.
HOW TO TRADE
Buy levels - 70k - 75k
TP1 - 250k satoshi.
TP2 - Hold for ATH.
Stop Loss - 50k satoshi but this should not happen.
PS: Only invest what you can afford to lose.
Good luck!