justacryptotrader123

Stratis has not found the bottom yet but it's very close.

Short
As you look at the chart, there's already a clear sign of bullish divergence on the daily chart and it also almost oversold on the weekly chart. Which indicates that a big bounce is quite ready.

However, I do believe that Stratis hasn't found the support yet, the volume is still fairly low and looking at the chart we can easily see that the biggest support is around 12k Sats. Once Stratis hit that price, the divergence will become clearer, the volume will rise and Stratis will also be oversold on the Weekly chart, then it will have enough ingredients for a really big bounce.

Signs:
Forming bullish divergence on Daily chart.
Almost oversold on the Weekly chart.
Volume is still pretty low ( indicates that it has not found the bottom yet ).

How to play:

Layer your buys at around 11k - 12k Sats, hold tight because the bounce will take a couple of weeks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.