BUY stratis..... look to profit above .0045
first target would be 0.618 retracement that is 0.0023000 - 00.002389
The price has broken out of a downward trend and found upward momentum. A breaking of the R1 resistance on 0.00146 will further strengthen the buy signal and orders should be placed above this level. Set profit targets to resistance (R2) at 0.001539 or R3 at 0.001656. Stop orders should be placed on the support level at 0.001368.
RSI on BITTREX:STRATBTC is looking like it could hit a bullish run ! very oversold. Stratis is bottoming out and could see a run to the .5 Fib line ... lets wait and see
We can see Stratis forming a Symmetrical triangle, with an ascending support (green). We recently saw a Rising Wedge, but some would also consider this a Gartley Bullish Pattern. RSI is showing us a bullish divergence and we can almost see a consolidation in recent volume. Our Bollinger Bands also have compressed around the support, supporting the consolidation....
Still bullish, I am confident it will react nicely from here.
It's developing a nice trend and most indicators showing further upside movement for a trend continuation.
Title says it all. Can go one of two ways, I will be holding for the long. If good news comes I believe it will follow the ray. Worst case it will go down following the line, but would not really match with any past lines.
stratis chart for next 7-10 days .... as we all are seeing that market is improving very fast but it can go down before hit on top in next 7 to 10 days we will see stratis at mid term high (260-k 275k) next short term support is 195k...
Few notes on Stratis Chart 1. Old Channel , acted as support with pattern suggesting reversal of correction wave which happened very quickly (first green arrow on the left) 2. Recurrent engulfing patterns over the last 21 days suggesting more bulls or buyers interest (Green arrows), Possible pump coming 3. Last Monthly support 1 level at 157K meeting the...
after a wild price increase, its time to go down. Price will most likely correct to the main trendline, where it will bounce off. Place your buy on 0.0013- level and hodl your way to the moon.