Stratis (STRATBTC) is ready to move. Just take a look at the chart above and follow me for a few minutes, allow me to entertain you... this entertainment can result in massive profits if you take action.
Let's take a look.
Stratis weekly chart analysis
We start by noticing the biggest volume bar for Stratis since its inception to Binance. Last week the volume was higher even when STRAT was on its bull run.
After hitting a low point on August, creating a hammer candlestick, volume started to increase. We are seeing higher lows and even higher highs.
With the biggest volume ever, EMA10 has been broken (green line). This is the first time since May, and that was a fake out. Expect lots of bullish action from Stratis in the months to come.
Bullish MACD crossover, clear and strong.
RSI coming out of oversold. STOCHRSI is bullish.
The price where Stratis found support, was only hit once back in October 2017. This is a strong support and we are expecting bullish action from here.
Here is my long term trade for STRATBTC:
77 Days since low point was hit, and we are just starting to move up. Slow steady growth is good as a start, it signals strength. A strong push up would only mean a corrective wave. But starting slow, strong accumulation and sealing support (bottom), only reinforces what we already know... The altcoins market continues to hit up.
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