Long
Stratis Bullish
Updated
Stratis had a lot of developments in Q3/Q4 of 2017 but was mostly over-shadowed by bitcoin (futures trading, forks etc.)
But now with attention gradually shifting toward alt coins stratis looks like one of the solid coins out there. Its provides Smart contracts, identity protocol, written in C# and compatible with microsoft azure.
It is also backed by microsoft and like Ethereum can potentially be the platform of choice.
In summary, fundamentally this is a really solid coin
As for the technicals, the long down trend is finally over for stratis, supported by huge bull volumes. The price faces some resistance around the 23% fibonacci level
RSI is slowly moving toward the bullish momentum zone, Stochastic RSI already bullish.
MACD is bullish on the weekly.
But now with attention gradually shifting toward alt coins stratis looks like one of the solid coins out there. Its provides Smart contracts, identity protocol, written in C# and compatible with microsoft azure.
It is also backed by microsoft and like Ethereum can potentially be the platform of choice.
In summary, fundamentally this is a really solid coin
As for the technicals, the long down trend is finally over for stratis, supported by huge bull volumes. The price faces some resistance around the 23% fibonacci level
RSI is slowly moving toward the bullish momentum zone, Stochastic RSI already bullish.
MACD is bullish on the weekly.
Trade active
Stratis is ready to relaunch will keep posting updates as things happen.
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