Stratis at long time supportAs we can see here Stratis has completed it's full alt cycle back to November 2017 support. If we look at the TD sequential indicator we can see how Stratis has reversed when we have hit a 9 on the weekly several times in the past. Will it follow this trend and bounce back from it's slaughter? With murmurs of Poloniex coins due for a round of pumps on CT this looks to be a good play. If we break this support line we can expect further downside to all time lows.
Stratis
STRAT/BTC - WHAT'S NEXT AFTER GATHERING LONG TIME. SHARKS ?After hearing about next release of STRAT, I think I need to check this coin quickly! And recognize this is a big chance for earning money!
Bottom of Falling Wedge and nearly the end of this form.
01 August 2018 - Breeze Privacy (Mainnet)
"We are pleased to announce the Breeze Privacy Protocol (Mainnet) will be released on Wednesday the 1st of August!"
So, don't wait too long anymore. You can begin to find good entry and buy.
Buy : 32000-32500
Sell : 41000-57500-65000-75000
Stop-loss : 30000
Thanks for reading :)
Stratis - Last line of defense and bullish divergence Stratis is on a major support + near the end of a huge triangle + may be near a old trendline. Also we can see a bullish divergences on 1D frame.
If no up movements and support break I will buy around 6 or 7k sat
#Stratis $strat trend reversalYellow is where my buy orders have been placed
red stoploss
green targets
Stratis - Accumulation zone at strong support levels In our previous post, we emphasized on picking fundamentally strong projects trading at deep discounts. Stratis Platform (token: BINANCE:STRATBTC ) is another project that we feel may outperform the Market as the dust settles.
Stratis Platform:
The Stratis Platform offers simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework. With their development platform and team, building and deploying complex blockchain apps becomes a breeze. The token BINANCE:STRATBTC acts as a vehicle for value transfer on the Stratis Marketplace. Prominent use cases for the platform include Transparency of Scientific publications, Product tracking and verification, data management for IoT projects, and Fintech.
The project's Market Capitalization reached an all time high of over $2B back in January 2018. However, it was not sustainable due to uncertain market conditions at the time. Today, it stands at $271M , trading at a discount of roughly ~90% versus ~65% discount in total Market Capitalization. Having said that, the project by every means is stable and backed by a determined team and a powerful community.
Price Outlook:
BINANCE:STRATBTC currently trades at a crucial horizontal support, with clear technical indications of a sustainable reversal. The horizontal support at 35295 Satoshi (Marked as dotted blue line on the chart) plays a strong role in previous reversals. Our observations include:
1. Strong Horizontal support at 35295 Satoshi - It has proven to be a strong reversal point in past.
2. Rising volumes as the Price and RSI diverge - Technically considered as one of the prominent signs of price reversal.
3. Demand backed by Value hunters as Market offers attractive valuations across the board - Value hunters are long terms holders that invest significant amounts in high potential projects for usually a long period of time, not focusing
on short term gains.
Execution Plan:
Considering the ongoing price action, following is our proposed execution plan for the trade:
Buying Zone: We recommend accumulating the coin between ~35295 Satoshi to ~36700 Satoshi . The identified level is above the critical support as mentioned above, and honours the divergence.
Stop Loss: A closing based stop below ~34350 Satoshi , offering a risk to reward ratio of over ~5 against the first target.
Technical Triggers: A day close above ~38600 Satoshi changes the trend as price crosses the 21 days moving average, targeting the 50 days moving average.
Price Projection: Our targets are based on various technical factors. Our First target for this position is at ~42600 Satoshi , offering over ~20% return. Other targets are illustrated on the chart, and we plan to trail our stops after the first target has been achieved.
Please feel free to leave comments and get in touch with us on Twitter: @Bitbloxx1
Happy Trading!
There is a possibility for the beginning of uptrend in STRATUSDTechnical analysis:
. STRATIS/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
Trading suggestion:
. The price is in the support zone (2.70 to 1.86), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (2.70)
Ending of entry zone (1.86)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.03
TP2= @ 5.29
TP3= @ 6.88
TP4= @ 8.39
TP5= @ 10.11
TP6= @ 16.45
TP7= @ 23.12
TP8= Free
Mid term Strat investmentBottom of market cap. Waiting for the confirmation of the bullish trend, since BTC has a strong dominance now.
Stratis has almost fully launched platform in alpha. After they release everything marketing will be the main goal for them.
3 ICOs are going to launch on their platform. Public sales are not open yet. Some time ago Neo got a great impact from ICOs on their platform.
Aiming for enterprise consulting and partnerships. Each contract could be huge.
Overall positive upcoming news combined with nice support levels.
Sweet opportunity on Stratis $strat-Bull div on RSI
-Triple bottom fractal
-Diagonal resistnce line about to be broken
I Would say a golden buy here
Why Stratis is again a bargain buy + total altcoin review! Alright, as discussed I wanted to post a new updated posted on Stratis here. I think this is the best moment to buy Stratis and probably we won't see the same opportunity once again here.
As already explained in the Bitcoin post on TradingView, I'm assuming that the G20 event is going to trigger another run on the fields for the altcoins and the whole crypto market. Why? We've seen a huge run up with the futures earlier. The scenario is called: buy the rumor, sell the news. Currently we see a huge dump going in to a significant big event for the market: sell the rumor (dump in to the event) and buy the news (pump when the news is out).
Also, we've seen that Stratis have been releasing tons of stuff in the past weeks and generally checking the chats and tweets on Stratis, people are fed up by the fact that this doesn't influence the market at all --> depression phase. Bubble pattern aligns perfectly with the stages we're in. Back in april it was also a nice buy, which induced 150% profits.
Another example, we've seen Bitcoin being surpressed down in the past weeks, while there were numerous things of bullish perspectives coming out. It's the exact same thing, only Bitcoin is ahead of the altcoins right now.
Then: check the TA point of view we're at right now. Strong bullish divergences + broken horizontal RSI resistance on the daily + historical background of the bullish divergences perspective can be seen here too.
Then indicators:
Strat/USD:
1 Day: RSI strong bullish divergence, horizontal resistance broken. Bullish divergence on Stoch and also on MACD/Histo.
2 Days: Same conclusion here on the bullish divergences as on the daily timeframe.
3 Days: Same conclusion here. Even bullish divergences on the MACD since the period of March/April, as this level is another lower low.
1 Week: Histogram bullish divergence + MACD turning upwards.
Strat/BTC:
1 Day, 2 Days and 3 Days same conclusion as on Strat/USD.
1 Week: Stoch bottomed out, potential bullish divergence on Stoch if we reverse here in the coming weeks. MACD and histo bullish divergence since April.
What more? Well, falling wedge pattern & elliott wave counts could be applied here.
What am I expecting? A rally towards $8-10 zone in the coming months. End of september/beginning October we can be there --> disbelief stage.
Thanks for reading!
#STRATIS #BITCOIN #BITCOINPRICE #TRADING Stratis has space in the triangle, price will go down in there.
STRATIS bouncing between support and .618 Fib with falling wedgeOn the 4 hour chart. Next bounce to .618 fib with likely also test the falling wedge boundary. Breaching this can lead to very sharp bullish movement in price.
Stratis breaks the trend line resistance Stratis has followed other coins in reaching higher levels in the recent days. That has led the coin to break the multi-week trend line resistance that currently sits around 0.0004060. Moreover, the coin is also trading above the 100 and 200 MA levels on the h1 charts, which will provide additional support to buyers.
Our advise is to go long the Stratis at current or near levels and trade it against the trend line support (previous resistance) and 100 MA on the H1 chart. In general, one can never be 100% assured if the setup is correct otherwise everyone would be making tons of money but as long as our trading parameters have been met, we can enter the current market looking for a healthy profits.
Stratis
Entry: Long
Level: 0.0004150
SL: 0.0003950
Profit-taking level: 0.0004550 - 0.0004600
R:R 2.38:1
Stratis long term bull (STRAT/BTC) - huge profit potential Great time to be watching Stratis/btc. With bitcoin's recent uptrend, we are given an incredible opportunity to accumulate more Stratis at these levels and below. Altcoins will be taking one last hit before the season starts, so best accumulate piece by piece to get in a good position!
Will be accumulating at purple rectangles.
First target is 120k, but the potential for Stratis is huge, this will be a long term hold.
Bullish AF on Stratis over the coming months, year. Not only is this an incredible platform but a number of new releases and developments will be coming out in the next months.
Q1 and Q2 Development update/roadmap deliverables can be found here: stratisplatform.com
- ICO Platform
- Full Node
- Breeze Privacy Protocol
- Stratis Identity
- Smart Contracts
- Sidechains
- Stratis Academy
Promising stratis chart~Good fundamentals
-Price tanked for months and now at historic horizontal support from which it has bounced multiple times before starting a bull run
Why Stratis is again a bargain buy right now, depression phase! Alright, welcome all with my posts on TradingView. First task: updating the coins I posted here a few months back, so all the charts are back up to date once again.
First our friend Stratis. People are losing faith in this one --> strong indicator of a bottom coming in.
We’ve expected upwards movements in April from $3 to $8, as the $8 is a strict resistance area, which was quite hard to break. What did we also see? Bitcoin went to $10.000 the same time and couldn’t break it due to bearish divergences.
Let’s see what we see on the 12h chart here.
RSI: bullish divergence and about to break the downtrend on the RSI.
Stoch: no bullish divergence.
MACD: strong bullish divergence since the middle of May.
Histo: bullish divergence.
Let’s check this on the daily and the 2d charts, what we can see there too.
1 Week chart: Stoch bottomed out for the first time since the end of March.
3 Day chart: RSI <30 for the first time ever. Stoch bottomed out for some time now. No bullish divergences. Turning here could create them.
2 Day chart: Stoch strongly bottomed out, RSI on all time low of 24, MACD negative with Histo bullish divergence since middle of may.
1 Day chart: Bullish divergence on the RSI. On the final drop also on Stoch. MACD & Histogram both have bullish divergences.
From a fundamental point of view: Stratis has been releasing tons of updates and products lately, still not reacted on the price, which means that the price is being pushed down.
What can we conclude from this? Both Bitcoin and Stratis will move up. Stratis against Bitcoin shows the same bullish divergences and indications for a reversal. Bitcoin against USD does too.
This chart: Strat against USD is two charts in one: STRAT/BTC and BTC/USD, which is a good argumentation to build from when you’re positioning yourself or when you need to find answers when Bitcoin is going to reverse or not. Mostly you’ll find the same indications on altcoins, as they move hand in hand.
Targets first: $3 level, later on $5 level. Probably the depression phase for now, as we can make that out of this one too and then we’re done.
STRATIS FALLING WEDGE REVERSAL!Stratis has been on correction since it hit 0.0008 BTC price level and is now at 0.00036-38 price level however its correction trend has been compressing and forming a falling wedge reversal pattern so we should see Stratis on a breakout to its next price level which I see at 0.00062 BTC where we will be expecting a retracement to 0.0055 BTC price level which should be the support zone(green rectangle) where it should confirm the support with several bounces and move to the next price zone 0.00071 BTC. These would be the first three waves of the 5 waves breakout the next steps depends on the trend the market will have when we get there.
Bullish indicators:
RSI oversold (bullish)
MACD bounced and is on its way up
FALLING WEDGE REVERSAL BULLISH
Buy-in zone:0.00036-39 BTC
Targets:
1.0.00061 BTC
2.0.00071 BTC
3. 0.00082 BTC(LONG TERM)
Stop loss: 0.0003587 BTC , however it is undervalued now and is at its one of the lowest price since its all time so doing a stop loss on this trade would not be advisable but to HODL at those moments would be the best choice. But this is only an advice..
Good Luck, Traders!
$Stratis, $STRAT Lower Low Coming Soon…
Weekly
Looking at our trend timeframe we see price formed a lower high at 80000, followed by a drastic push towards the downside. Price is now looking to form a lower low after breaking through our major support, expecting a drop towards 25000 if we do not hold at 30000. Momentum heavily shifted towards the downside.
Daily
Shifting over to our pattern timeframe we see price currently testing our 350000 support zone. Stochastic RSI showing momentum is heading towards the upside, however price is showing otherwise. A daily close above 40000 activates our trade, until then we wait for price to find support.
STRATBTC inverted head and stratisphereSTRATBTC playing out a fractal of the previous run last year + inverted H&S looks quite bullish in my opinion.
Entry up to 0.0008
Target 0.002047
Stratis breaks out of the triangleStratis has finally pushed lower and broke the triangle support around 0.00055, further accelerating losses. In addition, the coin is now under both 100 and 200 DMA which further complicates the situation for the bulls. Looking at Fibonacci levels, Stratis is trading below the last level of support - 88.6% and approaching 100% level. If the bounce is going to happen, then it can be expected from that level i.e. 0.000335. If that scenario is materialized, a double bottom pattern could be in play potentially.
Hence, we advise traders to be patient and wait for Stratis to eventually come to the key horizontal support level. In that case, following levels should be respected:
ENTRY: 0.000340
SL: 0.000290
TP: 0.000500
R:R 3.2:1
A take profit should be placed under at the falling trend line or against the ascending triangle support level.
STRAT BTC Long (20% short term upside)STRAT-BTC looks ready to rebound from here as long as BTC retains its strength. At a historically strong support level, and oversold on both the RSI and the Stoch. Expect those to rebound and the price to push toward 6000 satoshis. Also a nice hammer candlestick on June 16th gives me confidence the bulls are regaining strength in this area. Not rushing into a position and setting buys up over the next couple of days.
Comment Your Thoughts
*Not Financial Advice*
*DYOR*
