Three touches signifies the establishment of trend, no swing highs or lows in between. If the price remains above the line, the trade stays on. If the line is violated by more than a wick, I move on. Fundamentals: A masternode release on the 30th. This is a trade, not an investment. In an investment, patience pays. One withstand vicissitudes, selling a % at...
Price testing zone of strong resist. X - point= Supply + d + R. Need break out this zone to go! Use Supply zone 79000-81000 sat. as trgt.
Stratis price reached last quarter min price and now it should bounce from it's current position. RSI confirms oversold level. We may see 15%-30% rise first, but if it goes higher, next target is ~50%. Stop orders must be at 2.55 level
BTC is following the Elliot waves wonderfully so far. Would be interesting to see if it follows this wave all the way down.
Looks like STRAT is on the end of its way down. on 88 fib lvl its got support and should break falling wedge and go up to 61.8 thats resistance at the moment. So, we'll need to wait while falling wedge will be break to confirm revers.
STRAT just reached buy zone for longterm, with 0.886 fibo retracement as currently support, possible accumulations before the release of masternode.
STRAT is building an inverted flag pattern, perhaps it will go down in the future until it meets the strong support threshold below. A profit level can be expected in the next 10 days at: 0.00092433
Seems like the ABC downtrend from $STRAT will come to an end soon, there should be news around the corner.
Prepare yourselves for the upcoming Stratis takeoff. RSI dipped into the oversold territory on the daily chart . Volume , RSI , MACD all converging on bullish signals. Wait until there is an RSI/Price breakout and have your buy orders set & ready. Good luck!
Strat is oversold on daily , 4h looking for reversal , strong coin with strong team . Should bounce from support , i'd wait and see what it wants to do , if it breaks support i'll be ready to buy on the next one.
Strat has bounced down from its highs of $7-8 because of all the china FUD and Bitcoin bad talk, here is Strats chance to breakout of the triangle , watch the inside of this square closely!