Long

IS STRAT READY?

STRATIS has a long consolidation. On the day time frame it's on a strong support and looks like it's forming a double bottom. Double bottom is a good sign for reversal, especially if it has formed on a day time frame. RSI bounced from 40 (red line) which confirms the possible reversal and volume is good too.

So, I expect a move to first resistance - green line - around 87k sats. For the long term, if STRAT team gives us some good news and the price goes through first resistance the next strong resistance is at around 136k sat (light blue line) or even 235k sat (yellow line).

From this point:
  • first resistance at 87k sat = 85 % profit
  • second resistance at 136k = 189 % profit
  • top resistance at 235k = 400% profit


In USD this mean the new ATH.

Be patient and adapt when necessary.

GL.
Double Top or BottomSupport and Resistance

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