STRAT looking really nice here as it regained support and seems to have bounced off with higher than normal volume
Still off a lot of peoples radar and once it starts to move will be all over twitter, which could cause a further move up
Could easily return back to its yearly POC, which is a +80% move
It's JJ back again with another cryptocurrency analysis.
As I predicted Bitcoin is hitting its one year 0.236 fibonacci (5200$) and this will declare an official bull run for cryptocurrenices in 2019.
Let's talk about Stratis.
In the past year Stratis have been developing very nicely and It's been accomplishing goals from its roadmap.
Here are some...
You can see the Chart of STRATBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
So far it's up around 20% since the start of the fractal, but to be honest, it has been very disappointing so far. I expected much more of this one, but it is still following that blue line quite well. It could still happen of course, simply don't know, but i will be using the blue and red zone as a stop level now. If we do see another move up from Bitcoin' above...
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....
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...
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...
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.
Megalodon Pro Automated Trader is giving short term buy signals(orange) on hourly time frame.
We believe that enlightening others is an incredible way to make this world a better place. That's why we created the tools you need to stop worrying about your investments and focus on what...
. STRATIS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
. There is a possibility of temporary retracement to suggested support zone (1.22317800 to 0.91432000). if so, traders can set orders based on Price...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. Sell while you get some profit. Good Luck!
Looks Good? Leave a like, share and tell me in comments if my trading advices are working for you.
Thanks for visiting.
Strat Coin are Coming on the Bottom then We can Etntry For Longterm or Midterms Period , in Both Conditions are VeryGood Coin.
Buying Zone 2000-2050
Sell 2750, 3550
I hope that Price can fly From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this...