UCTS showing a buy signal on the 6h, Volume looks kinda weak for now. RSI Rising & MACD bullish. EMA50/100 acting as resistance. Potential targets:~2600-3200-4200sats. For now wait for confirmation before taking actions (Volume mostly). #Strat
Stratis' is still following the fractal , but it's lacking the conviction though. This is obviously the fault of Bitcoin , since it is not moving or going up. Objectively, this is not a good sign. It could still play out, the rally, but it has to happen soon. There is not much room left. I think if the curved blue line breaks, it will probably start to drop again....
Looking at Strat on a 1 day chart
MACD looking for form a nice bullish divergence (Not confirmed yet)
Willy is stupid and trying to form a W
In the buy zone between the 786 and 618
OBV healthy and formed a W
Volume picking up
Price sitting right on top of Below value
Would like to see it break the down ward trend line to confirm breakout
Double bottom in...
So far following the previous analysis quite well, with the possible 'fractal'. The past days there have been a few attempts to break that resistance around 0.845, but each time it just fails. Volume is not enough yet, but of course it's because Bitcoin' is moving slowly downwards as well.
There is small chance the market might move up now, Bitcoin' seems to be...
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see comment for lltc comparison
. STRATIS/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
Keep an eye on Stratis. The daily has a very large nearly completed triangle and bullish divergence can be seen on the MACD as well as support. I will be watching for the daily MACD to to clear the zero line. This has been a key historical indicator for incoming bullish trends.
I am seeing some similarities now and the Dec rally. In the chart below we can see that Stratis' the rally a day later than Bitcoin'. It looks like the same is going on this time. Also see a wedge again and a breakout and currently a retest. Based on the fractal, we should stay above the green support zone now, just like in Dec
When zooming in, it shows we are...
$STRAT completed full cycle and now finds itself in accumulation phase.
It shows bullish divergence on daily RSI and MACD.
It's a solid project with a great potential and one of the biggest PPT on top 100 cmc!
Green - buy. Red - sell.
It's not a financial advice.
Trade carefully and good luck!
There are chances that stratis reached the bottom.
I base my supposition on the daily timeframe.
The bullish impulse of the second half of december is a very atypical movement in the context of the bear market.
The RSI confirm this supposition as the negative trend of the buying strenght was broken.
In the DMI there are also very interesting movements.
2 Falling wedges, big picture Falling wedge(orange) about to be break. Another smaller (purple) just broke up and is pushing the price to the upper trendline of the 1st one. Buy signal from the UCTS, MACD & RSI bullish. Key resistances $ Supports on chart. #STRAT
Looking at the 1 day chart on BTC
What is BTC playing inside the wedge. Will it break bullish or bearish? Time will tell
If bullish target is between the 618 and 786 fib
Histogram looking ok
Willy is not yet over sold
Volume is dropping off
OBV has made a bullish cross
For me I will be watching how BTC plays out this wedge before I make any trades. Sometimes its...