General idea of what the next bull run would look like.
Will provide more TA and info in later posts If interested.
Heres the TLDR: Price should play within the diamonds and should follow the price line or rise at a more parabolic rate.
Entering this anywhere around the $1 mark should get some gains.
I will be entering this trade soon, Putting buy line now...
This is the best count at the moment and implies a lot of upside potential. The deep retracement during 2018 hints to a wave 2, so now a rapid wave 3 (to be precise 3 of 3 or 3 of 1 of 3) might unfold.
There are chances that stratis reached the bottom.
I base my supposition on the daily timeframe.
The bullish impulse of the second half of december is a very atypical movement in the context of the bear market.
The RSI confirm this supposition as the negative trend of the buying strenght was broken.
In the DMI there are also very interesting movements.
I never use linear chart, this is just for fun - not trading adivce.
Chart is like Wall Street Cheat Sheet, and goes in line with previous cycle in terms of time. FA is good, and releases next month should give a push that will be suckers rally. After that price could wait for next bitcoin halving and half year (ish) after go in full euphoria.
This is yet...
Stratis is going for the 1$ area!
After we break this area and take it as a huge support we could see a 50% jump to 1,50$
ATH is at 20$ so come on theire is so much room for more gains!
Stay safe guys as always :)
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...
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