Stratis breaking out Ichimoku cloud!Bullish signal, stratis breaking out Ichimoku cloud.
Riding the wave.
Stratisplatform
STRAT Getting Ready to Move PART 2Continuation of the first post I did. Still looking good, bullish on this. Solid pink is resistance line (Which was a support earlier this year turned resistance). Again, two things: Lots of good things going for it this year Q1 and if we can break the pink line we can then test the 2nd fib level.
STRATBTCInteresting pattern for $STRAT. It seems like price reaches new Higher High, consolidates to a 50% - 72% retrace level from the previous low to the previous high and then bounces up, all the while peaking close to the long term RES.
The purple flags indicate the consolidation pattern and then the eventual breakout.
More interesting that the 5 and 10 day MA cris-cross when it's time to sell and then again when its time to buy. I'm in this right now but will be following that pattern.
PErsonally I'm bullish long term on $STRAT. It's the first tech that actually incorporates the .NET and C# infrastructure into blockchain. I like their team, partnerships and mission.
STRAT: To the Magnetosphere?Stratis is testing the upwards bounds of resistance. Good time to get involved.
The chart uses 7, 77 and 231 MA. Gann fans positioned at the intersection of 7 and 77 moving average crosses down to the low form a long term story of the "magnetism" or momentum of the price action. Is Stratis going to the magnetosphere? This is quite possible. However, if Bitcoin gets to $25,000 then Stratis must be valued at ~$80 to have a 0.0034 price in terms of BTC, which is the former high. To put this in perspective, that would be about a 500% gain from current price level.
The chart's price action has been responding greatly to the red resistance lines in a downward direction. However, this resistance downwards is becoming weak. A 7/77 MA breakout on 12/16/2017 marks a bottom, or close to it. Contrary to the increasing support trend for Stratis, I believe prices will remain low - relative to its former highs - until reaching a breakout of top level resistance at around the 0.00154 BTC price range. However, a break out to bull trend is imaginable in the near term.
Beyond TA:
Stratis is a great company with very large upside potential, especially considering the competition. NEO is often considered it's most formidable competitor. Furthermore, both NEO and Stratis employ C# blockchain based solutions for enterprise startup level needs. They also have similar methodology in achieving consensus. The greatest difference between these two - and the reason why I think there is a large difference in market cap - is the ambition of these two blockchain companies.
NEO is seen as having much greater upside potential as their goal is to provide, "infrastructure for the intelligent economy of the future." On the other hand, Stratis is much more micro-level - or pragmatic as some would say - as they wish, "simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework."
However, I see these two cryptocurrenies being in a similar boat. This is to say that blockchain as service wish to provide the infrastructure for upgrading/developing working blockchain solutions on an enterprise scale. Unlike NEO, it is Stratis which has not had a glory moment in the Sun; on the light side of the Moon. This moment will come for STRATBTC when companies discover that blockchain technology will massively lower overhead and increase efficiency. We see this happening at present, with Stratis' platform having been delivered on schedule in December, and in the general market trends.
The question is, "will companies want to employ turn-key blockchain services or to build and host their own?" That is answered first an foremost by Stratis with the catchphrase of, "Stratis: We make blockchain easy for you." Damn good...
What I envision for the next cycle of Stratis' price action -- and for many more cycles to come -- is for enterprises to begin putting the Stratis platform to use, the Stratis mobile beta product to work fluidly, the TumbleBit exchange and Breeze Wallet to gain mass use and for Stratis' Academy to gain traction in the blockchain development community. Each one of these events will drive the value of Stratis' platform much higher in terms of BTC and much-much-much greater in terms of USD.
Ask yourself, "If I was intent on creating and using my own blockchain, how would I go about doing this?" Now, will companies and entrepreneurs will be using distributed ledgers more or less often forward? I say a larger amount, which is the same opinion I have for the price of Stratis in terms of BTC going forward.
Stratis may be a GREAT gainer of 2018, or later on; but if this project continues as planned it will be a great investment into the horizon.
Disclaimer:
I do not know of what I speak. Never use this as investment advice because I am insane and unable to string together coherent thought. Ignore this.
STRATIS +450% target $63.00 by Feb-2nd 2018Decided to do another TA on Stratis. Long term this time.
Found the last major rally, then looked for the bullish pennant (purple triangle) that we obviously broke out of and upward (since the upward trend of Stratis has been continuing for many months).
From there, I checked the retrace after the rally and it appears we touched the 61% fib retracement line and rally began slowly.
Ichimoku clouds show us approaching two shoulders that should give added upward pressure to accelerate this rally over time.
If things move as they appear to be moving, we should complete this rally in the next 3-4 weeks with the final target price at $63.00 on Feb-2-2018.
It's also important to note that during this time, the first 2 ICO's will be starting up on the Stratis Platform. This may be part of the reason for the anticipated rally and the uptick.
Just broke the triangle!Startis is starting to be even more bullish. HODL ON TO YOUR COINS!!! DON'T SELL
$STRAT - Stratis possible growth after the first bitcoin surge. $STRAT - Stratis possible growth after the first bitcoin surge.
Old analysis still fitting perfectly
$STRAT - StratisOld idea still looks solid, pattern are slowly growing. Long term holding are what you should do here.
Stratis - Still following the old graphOnce again, it looks like my old graph is stil standing. I think we will continue to see a growth in $STRAT and especially when their news are coming out this month.
StratisStratis still in deep. Looking for fibonacci levels . Next year Stratis will impress you more for sure
GREAT OPPORTUNITY FOR PROFIT!Bought stratis at .0081000 ..... 24.09 percent gain so far...... keep an eye on this one. If it goes below .0090000 I would suggest to buy and hold. Feel free to follow my journey.
$STRAT is another sleeping GIANT!Remember my earlier posts about $WAVES and $NEO? Stratis wants to be next. It retraced .786 of the major trend. Its on the way the perform its 3rd wave soon. Watch it out closely.
Stratis Buy Opportunity Stratis didn't break out in the first triangle (yellow) instead it's still just above support level.
Finding the second triangle (cyan) you can see Stratis trying to test the resistance level.
Combining the positive RSI, MACD, which confirms Bullish price action, and the fact that Stratis will release their platform later this month + 2 ICO's in January 2018
Gives me this strong idea that Stratis will be popping off sooner than later.
Price target: look at the Fibonacchi retracement and identify your targets.
What do you think? Will Stratis be ready for a bullish run or will it break support and struggle to stay afloat on top of the support line?
Leave your thoughts down below in the comments!
Best of luck,
Stratis STRATBTC - A 2018 must If you want to begin 2018 strong, end 2017 by buying Stratis.
Pick one target of three and sell 75%. Keep the 25% until 2019.
STRAT pennantPotential for a $STRAT breakout here - getting a lot of love on twitter, I personally think it has a little more consolidation. BTC pair chart also looks like it has a lot more downside potential.
I'll personally be waiting for more confirmation before entering, as well as waiting to see how BTC hitting resistance around $10k affects alts.
Stratis target updateStratis have announced a test ICO on the 30th Nov at the silicone valley conference. Hold until then. New target is $5.8.
STRATBTC Long OpportunitySTRATBTC
Technicals:
Falling wedge (continuation pattern, bullish in this example)
Bollinger Band Contraction (ready for break-out)
RSI Divergence (hint upward movement
Fundamentals:
Mainnet wallet release
twitter.com
How to trade:
Breakout of falling wedge is confirmed when candle closes above the downtrending resistance line, or top line of the falling wedge
Buy a retest of the former resistance (top of falling wedge) now turned support, especially if you see reversal patterns or seller exhaustion near this support point.
more details on graph.