Stratis (STRAT) is a proof-of-stake coin, unlikely to be classified as a security, and is deep into Microsoft technologies. They're involved with development, testing and deployment of native C# blockchain applications on the .Net framework. It has been caught in the bear market for alt-coins, but seems to be trying to put in a bottom. Thoughts?
ETH is busting through resistance and holding up well. More volume needed to take out the bearish bots, but I think a clean break above 547.40 will confirm the end of the long hard correction from the Dec. highs. Feedback welcome.
ETH should be ready to break above the falling trendline in red at around 735 into a wave iii of V impulse. The only thing holding it back appears to be BTC, which is approaching the equivalent downtrend line at around 8834. The bears are, of coarse, eyeing those trendlines as entry points. Let's see if they have exhausted themselves when we get there again. ...
The previous count, showing completion of Wave 2 down was confirmed by today's breakout above 790. One would expect some consolidation around the old support level of 720 - 730, then a move up to retest the last major uptrend line that was broken when the sell-off began. Appreciate any feedback or comments.