Stratis Mooning!
Weekly
Looking at our higher timeframe we can see Stratis provides us many opportunities(short/mid/long). Double Bottom has been formed + Stochastic RSI showing us momentum is heading towards the upside. Get ready to take a ride to the moon folks. Ideas for short/mid/long will be provided, however I am saying now I highly recommend the long term ideas. Let’s get to it!
Daily
Taking a look at our trend timeframe we can resistance was hit @ 0.00070000.
If we look left (structure leaves clues) we can see price had trouble back in November 28th, & December on the 5th, 25th breaking through 0.00065000. April 18th price broke through and close above, today that is being tested for support. If we hold here, this is a perfect dip to buy. Option 2 wait for break and close above 0.00070000 on daily for entry.
4Hour
Shifting over to our pattern timeframe we can see a steady uptrend, currently being tested for support @ 0.00065000. Double bottom on trendline and psychological support. Stochastic RSI showing momentum is heading bullish. Break and close above 0.00066000, triggers an entry.
Hourly
Finally looking over @ our trigger timeframe we caprice is looking bearish short term. Supports @ 0.00065000 & 0.00061400. Stochastic RSI showing intraday bearish momentum. Waiting for a break and close above 0.00067000 on the hourly for an entry.
Target 1: 0.00100000 (Short-term)
Target 2: 0.00110000 (Short-term)
Target 3: 0.00130000 (Short-Term)
Target 4: 0.00170000 (Mid-term)
Target 5: 0.00370000 (Long-term)
Target 7: 0.00500000 (Long-term)
Target 8: HODL
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.