Stratis
Strat to 200% potential profit maybe ? (High Risk)So Strat/BTC has been on an uptrend for some time now, so we now might see 1 of two scenarios:
1- As it doesn't break the uptrend it we might see +100k levels where the main downtrend is to be tested.
2- If the uptrend is broken the it will go even lower to 60k~70k levels for point C to be formed then will be followed by a huge bounce to point D, during which you can really take any profit you want to 250k levels but that might take time to achieve.
Tell me which scenario is more likely to happen in your opinion.
Stratis with potentialCompared to BTC and ETH Stratis has shown a movement between those two coins / tokens (yellow = ETH, blue = BTC), with more correlation to ETH.
It recovered from its last low as fast as other coins.
Actually it´s within in an ascending triangle with a litte upside momentum.
RSI is climbing, although the angle is lowering.
MACD is positive, but momentum is low.
Volume - where has you gone?
All the way up Stratis has had a lack of volume - this is a symptome of a lot of coins.
If volume is coming back I think Stellar should break the upper limit of the triangle and aiming fib retracement 61.8% at 11.90$. There is a strong resistance (two fib retracements + swing trend line).
If it is falling down outside the triangle there is not much strength to hold the price and it is to expect that it falls at leat to the support at fib retracement 78.6% (8.7$) or below!
STRAT/BTC Wavecount and price predictions, great time to buy!What up my dudes, here's my take on the wavecount with fib levels and all that.
It almost readyWithin a couple of weeks we will hit .0012 then come down some before breaking out and creating an ATH.
STRAT will form a new trend soonIt has been a while since STRAT showed any positive signs. Now that it has found some good support (triple bottom) as well as bounced twice of the major uptrend line, I can see a possibility for a long uptrend to form. It just needs a little bit more interest. While the volume for buying was pretty good today on a 1 day screen it aren’t so impressive. In any case, jump out of triangle should happen very soon and it can go both ways. Falling will bring it to 78000 very fast. But if an uptrend will come than 117000 => 130000 => 150000 and if that won't stop it than 240000 won't be a problem =)
I will buy only after it crosses up the triangle. Well... maybe I'll start buying sooner but with my finger on a trigger and readiness for small loss. If it goes down, I will sell all I already have. No hodl this time =)
STRAT showing us nice thingsBINANCE:STRATBTC
STRAT is now in the time were a good entry opportunity can be found.
We will find out soon.
This is not intended for to give you financial advice but an educated opinion.
STRAT support with cup and handle (Decision Time)Hi folks, as you can see STRAT has bounced off it's channel support and decision time for a rise is near with cup and handle pattern formation coming to an end. If the pair manages to break out of its local down trend channel we can expect to see it reach levels of around 0.002 level of resistance.
The STRAT team is currently attending the bitcoin super conference in Dallas which should help to create some volume and potential upwards price momentum to fulfill this idea.
Potential to break the 0.02 area will put STRAT into new territory which potentials to reach a new all time high against BTC.
Checkout the conference here:
www.bitcoinsuperconference.com
STRAT / BTC Worth Watching! Could see movement soon! $$STRATIS / BITCOIN
Strat has moved up and retraced nicely to area of confluence including the 0.0008138 Support level (Red Line), the trendline (Light Blue angled line) and 61.8 Fib retracement. At this point (The pink Circle) it has bounced and looks set for a good move up.
Price has then hit the 3 EMA’s 20 (Blue), 50 (Red) and 200 (Green) which are grouped quite closely and are offering short term Resistance as price bounces down of them. We may spend a few days bouncing between them and ranging here (The Blue Box).
What we are looking for is a break out from this region. We can trade the first bar which closes above the 200ema and 0.00101 resistance (Black Line), or wait and look for another classic ABC. Where price Advances through the ema and level, pulls back to it, and then Continues in our direction. That would be my preference.
Levels going up are 0.00120 for first target, and then to 0.00151.
To make dollars our decisions need to make sense. We want to wait for the break out here, and preferably the retest. We don’t want to get caught in the consolidation in the blue box.
Enjoy the trade, I will make sure to keep this updated, feel free to like and follow if you found this information useful.
Comment below with any coins you would like an analysis on and the most commented coin I will provide and publish a TA.
S.O.S! - Stratis On Support (which way will we go!?!)Lets take a look at STRAT! We see that STRAT is following the downtrend channel and is currently testing the support line around .000846. I am a big believer in Stratis, however right now it looks as thought we are still headed farther down. STRAT is riding the support line and if it can stay above this and break out of the downward channel we could see it rise to to around .00150. If STRAT continues like it has we will likely see it slide further down to around the .0006300 range. Keep an eye on a break below the support line and we will have a good idea of which way this is headed, as for now I will remain bearish untill we see a break out of the this downward channel.
Happy Trading :)
Much Love
DustyPH
CUP & HANDLE, BULLISH AS IT CAN BEStratis is making a cup and handle. We are almost at the low of the handle, next target is 24000 sats.
STRATBTC Great Long opportunityThe final down wave for StratBTC is way too sharp and normally such moves gets retraced. A great potential 30% gain on BTC. The target is the previous swing high at 0.00109 sats. If prices crash further to below 0.0077648 sats it would be a great chance to get more.
Remember to never trade on margin/leverage for cryptocurrencies. And never close with a loss when trading againts BTC, prices always come back as long as you don't buy at the top.
STRATBTC - Short term targetsPrevious small run reached 161 fib. Next run should reach respective 161 fib and meet resistance there.
STRATBTC
Buy STRAT, Be SmartThe daily time frame is the only time frame reflecting bullish clues. The 1D TF trend chart shows the formation of horizontal channel with resistance at the 200-Day moving average at the 0.001. There is support at the 0.0009 area. This is typical of a coins that is facing a slow growth after strong downtrend.
RSI is below 50 a sign of an downtrend, but this is due to the fact that in the last three days the BTC price has strengthened. The MACD line is turning up through its signal line giving a buy sign. The trend on the daily chart remains sideways between defined support and resistance. However, do not forget the fact that soon on the platform will be the first ICO.
