Stratis Falling Wedge Completion
We've seen a pretty solid falling wedge on the Stratis coin over the following 5 months & it has shown support time & time again at 0.00034500, and we've seen a similar trend line above at this 0.00047900 mark in which Stratis sits currently.
This is reinforcing my faith in Stratis for a long-term investment, being confident in its support volume.
We're currently seeing a pretty large sell wall to face on Bittrex currently & I'm expecting it to dip closer to this 0.00034500 desired buy point. I wouldn't discourage buying earlier however if you do not have time to follow the order books if you were to hold Stratis until approximately mid-January.
I'll be looking to take my profits on Stratis around 0.001200, though I will be following it's potential to reach gain 0.001900 (The 38.2% line on the Fibonacci retracement).
This is reinforcing my faith in Stratis for a long-term investment, being confident in its support volume.
We're currently seeing a pretty large sell wall to face on Bittrex currently & I'm expecting it to dip closer to this 0.00034500 desired buy point. I wouldn't discourage buying earlier however if you do not have time to follow the order books if you were to hold Stratis until approximately mid-January.
I'll be looking to take my profits on Stratis around 0.001200, though I will be following it's potential to reach gain 0.001900 (The 38.2% line on the Fibonacci retracement).
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