Stratis major correctionafter a wild price increase, its time to go down. Price will most likely correct to the main trendline, where it will bounce off. Place your buy on 0.0013- level and hodl your way to the moon.
Stratisbtc
Stratis S1 level is strong and here is why.
1. S1 Previous support Broken, then retested twice
2. Our 50 EMA acted as resistance in the past and now likely to form strong support (follow the dotted line from the right side of the chart)
3. Stoch RSI is oversold
My views it will go UP to above 20
first target our R1
2nd target should be around.0025
Long term Hodors, previous ATH was around 0.0045 which is nearly triple where we are now
Of course, that is if BTC BIP goes well
Please like and share your views down below
Suggestion long here or wait for the dip and reversal signs on that level
Breeze wallet development is in good shape, yet that coin goes way beyond that.
Please do your own research
Best of luck every one
STRAT WEDGE, Gearing up for next leg upStratis' breeze wallet alpha version was released today. Combined with the tight range and consolidation ever since MSFT started accumulating over a month ago. Also, with more uncertainty about the scalability of ETH, it's time for the possible alternatives to it like STRAT, ETC, and UBQ, to continue their upward trend. I think STRAT is ready to hit all time high's in Satoshis and USD in the month of July.
BURST - Huge risk / reward ratio 4+ - Bull wave 3 may be coming!Background story...
- BURST hit an all time high on Friday at 0.000009ish
- Over the weekend it crashed pretty hard all the way down to 0.0000065ish at the lowest
- Right now at 0.00000710, if this bounces back to the all time high or above, you'll see a 30% gain
- BURST is being launched on BitSler tomorrow (gambling platform) so some news may come from this
Why am I bullish here?
1. inv head and shoulds on daily (Target = 1750)
2. Might be wave 3 which means even more upside if confirms
3. Strong bullish divergence on shorter time frames (1-Hour etc)
4. Has bounced near support
Stop Loss Target: 0.0000065
Sell Target: 0.000009ish (last all time high)
Trade at your own risk here.
Just my analysis of this coin but the risk/reward ratio with the stop sell in place is massive.
STRATBTC - Strong support around 0.0026BTCSTRAT showing strong support around 0.0026BTC. Not only it's the previous consolidation level on June 12th, but it's also at the 0.5 fib level and the trend line (shown in black) hits that exact same price point. Expect STRAT to continue to hold that support, especially with the development progress news coming up in the next several months.
Of course anything can happen with crypto, so if it breaks that support I'm expecting is to be for a short period or find support at a lower point, around 0.0022BTC.
I'm long on this one. And by long I mean several months :)
STRATIS Short- Elliott correction wave is not over yetSTRATIS is a really good project, talented dev. team, roadmap & update for 2017 looks very strong but right now I feel the correction is not over yet we can hit 280000 area and turn back to bullish from there. Obviously HODL if you got early in the project-moon is coming soon:)
Feel free to comment the idea. Thanks and Good luck with your trade!