Stratis (STRATBTC) is looking strong with prices bouncing off MA200.
Here we have a new uptrend taking form and potentially a new higher low.
We are likely to see a higher-high on the next bullish move.
We stay strongly bullish above 0.00004081.
If prices break below this level we can see a retest of the last low.
The next target is marked on the chart.
Chapter 6: "Give me a ping Vasili, one Ping only please"
"Impulse" is a surge that creates "Ripples", like a pebble into water.
Each of the Ripples has precise bounds defined by the "Golden Ratio".
Until a new Impulse occurs, the Price oscillates within "Energy Bands".
Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?"
Some Pings are so...
Patience is key because patience pays...
Stratis (STRATBTC) is looking good now after printing a higher low compared to May 2020.
Just as I keep on repeating... The altcoins are retracing/correcting, but they would end on a higher low and then continue growing.
This is the latest example, STRATBTC, now with good volume coming in and a very strong bullish...
-Stratis has pulled back after the rejection at trendline resistance
-Two potential Bullish scenarios for STRAT
-1st is to hold current support at 4479 sat then a breakout of the resistance
-2nd scenario is a double bottom retest of the recent Low at 4172 Sat and a Bullish breakout
-Aggressive entries are buying at key support areas with a...
I noted down a previous Elliott wave and a potential new Elliott wave and decided to give it a shot and bought in a good chunk for me and my customers. Four impulsive waves would have passed and the fifth one is about to start.
If you haven't bought in yet, between now and 8 hours would be a good time if you were to follow this analysis.
Within a few days, the...
STRATBTC - Long - Potential 21.98%
Entry - 5289
TP2 - 6439
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
In the daily time frame, the price is dealing with a major resistance around 0.000061 BTC and by breaking the resistance it can rise to 0.000080 BTC in first step and then 0.000100 BTC. On the other hand a cup and handle pattern is forming and it seems this coin will hit the targets. Also if the price could not pass the current resistance it may fall to 0.000051 BTC.
Since hitting recent highs in July, the blockchain platform has corrected sideways. With that correction, the GoNoGo Oscillator gave an advance warning of the GoNoGo Trend color change by breaking into negative territory.
After struggling with resistance at the zero line, recent price action has enabled the GoNoGo Oscillator to cross back into positive territory....