Good triple bottom bounce and a double top that finally got broken. It was met with a strong retracement only to bounce of the previous double top. Seem likely that we might see Stratis revisiting the 7 dollar mark.
I'm seeing this pattern. First $STRAT will be getting the first triangle popping up, which has three ways to go: 1 - It can drop down to the 0.618 on the bigger scale immediately, as it will bounce on the RSI bottom line then + on the FIB level, which is quite heavy. 2 - It can move up to 57K, before hitting the resistance line on the RSI level and drop down...
Description of analysis: Critical moment for Stratis, i would not like to short Stratis after this run and all infos in the market, as Stratis can be a good platform from a very influencial people behind. So just buy the dip. Entry price:(C) Exit price: (D) or hold Resistance to watch: (A) (E) Support to watch: (D) first elliot waves Exit position fraction:...
Strat looking good. Bullish movement. Now is near support line S - good point to buy.(when breakout r) When price breakout r, then it will be above all MA's!
Strong supports Ichimoku cross soon Trendline Big targets Upcoming events : - 01 December 2017 Academy Platform Update - By 03 December 2017 Stratis Identity iOS app - 11 December 2017 Breeze Wallet MainNet - 11 December 2017 Masternodes on Mainnet - 18 December 2017 Full Node Alpha Release
Expecting this to hit 0.0009, previous high level - perhaps even open to further gains.
STRAT got panic sold, but is still in a good buying zone. It seems that it's preparing to do a new breakout and start a new market cycle.
Potential for a $STRAT breakout here - getting a lot of love on twitter, I personally think it has a little more consolidation. BTC pair chart also looks like it has a lot more downside potential. I'll personally be waiting for more confirmation before entering, as well as waiting to see how BTC hitting resistance around $10k affects alts.
Stratis should breakout in the nest 3-4 days. Target .0009 Stop Loss .00036
Stratis have announced a test ICO on the 30th Nov at the silicone valley conference. Hold until then. New target is $5.8.
Stratis is close to a break-out, I think we will see a little pullback first which would allow for a perfect entry ( hedge in if needed ) this is supported by STOCH RSI strongly in overbought and P already high, furthermore the down-channel has been strong and tested multiple times over the last months. Trade active if it breaks - out and look for...
TA & fondamentals are looking great... Pretty sure NLG will be doing extremely well these next weeks... This downtrade will certainly be broken and will then see a major increase in the value... Moreover Gulden will be announcing its biggest update ever. An update they have been working on these 2 last years. So we can clearly expect something big.
Stratis, and other June coins should definitely be looking to start on their second wave. After extremely extended periods of consolidation due to the BTC run up to 9.7k I expect these coins to be revived once BTC itself starts to dive. Entry for STRAT would be around 44~46k satoshis, stop loss at 41k first target is the 54k upper trend resistance, on break out...
The trading idea is based on a double bullish divergence which gives us a trend reversal signal. We can try to join a new price movement at the beginning of it. RSI confirmed price reversal from the support zone. MACD lines give bullish signal. We can use the previous high for placing buy orders. If the market moves above this high and SMA50, we'll get an...