STRAT Analysis

Updated

Stratis has been dropping for a long time. If it doesn't hold support the red line will become the next support line and if it breaks out upwards the green line becomes resistance. Given the fact that the long awaited Breeze Wallet and Stratis' Proof of Concept release (the framework for developers to build on the Stratis blockchain) is around the corner, I expect a good price increase. However, I think that Stratis will go down a bit more.

Note

Stratis just keeps bouncing on this support line, which is a good sign.

Note

Strat broke support, new support is formed and has been touched.

Note

Support has been touched twice again. If you plan on buying and holding on to this coin this should be your safest entry.

ArieCaesar

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