STRATBTC - May be rough, slowly building buy supportStratis is slowly building up some buy support. This is a common pattern with Stratis however it should not give concern to people holding long term. Their first Alpha release is coming up very soon and they're working hard to release a solid product.
Look for volume to pick up and those buy walls to form to provide solid support in preparation to move upwards.
Strat
Stratis Sleeping GiantStratis is very undervalued, great Project with great Team, tried to break out but failed because the Wallet Release was postponed, could accumulate some more time or break out of this channel the next days when they release the Breeze Wallet finally. Major resistance around .00220000-.00250000
STRATBTC BullishStratbtc pair on poloniex finishing accumulation, upward movement soon. Many alts finding bottom now, this is when you enter.
Stratis Future Movement and Entry LevelIn the past few weeks STRAT has been struggling to get to its old levels, especially when looking at the value in sats. This is partly because of Bitcoin rising so much and pulling money out of alts. It is always also important to look at the dollar value: STRAT hovering around $7 in spite of the lower value in sats shows that we should not worry too much.
This analysis shows that - short term - STRAT is finding support on the "Uptrend Line 1". The pennant this line is a part of is becoming more and more narrow and we should watch out for a continuation of the uptrend outside of this pennant. Stoch RSI also shows that STRAT is oversold, which confirms a likely upwards movement.
Should the price go down instead and break the "Uptrend Line 1", then we should watch carefully for a bounce off the "Uptrend Line 2". This line seems to be a strong support level that has never been broken so far. A bounce off the "Uptrend Line 2" will be a good entry level.
Stratis crossroads within rectangular pricemovementSix weeks ago Stratis broke a downward resistance line only to get caught in horizontal price movement. Current boundaries are around 0.001225 at the bottom and 0.0025 at the top. Still a very nice playingfield for traders! Currently Stratis price is at a resistanceline within this rectangular box (around 0.00166). A break of this intermediate line would see Stratis move up towards the upper horizontal line, otherwise the bottem of the rectangular box looms again!
Be aware there are buzzes of news coming out for Stratis in the near future.. this might be the reason behind the last 3 green candles.. No way of knowing how the possible news will play out: break or disappointment.. be careful!
STRAT Straddling The Fibs CUP UP!The last Strat chart I posted I expected Strat to make a move, but it continued it's bottom feeding. Now it looks like we finally are primed for action! I drew a trend line from the top of the June high and overlayed a Gann fan and wouldn't you know it, MATH MAGIC! The Gann 3-1 line is exactly overlayed on the trend line. Adding Fib retracement you can see how it is currently playing along those, first with 38% as resistance and now 50% doing the same. I anticipate it will reach that anchor where the 3-1 Gann fan line, the Trend line and the Fib 61% line meet. A strategic meeting you may say. Strat is forming a cup on it's way back up, wouldn't that be some beautiful symmetry, but charts are seldom that neat so expect some fib play along the way. I've overlayed support/resisitance lines (blue dotted) along it's rise up that it will have to contend with as well. AO, RSI and MACD all seem to point to more upswing as well.
time to wake upafter being relatively steady for a couple of weeks, STRAT is hitting the bottom support line and ready for a next wave. Stack your STRAT for the breakout.
Strat Bottom BurstThere's some resistance so we'll need a break above the upper trend angle. Decision time soon as it crosses gann fan 3-1. Stratis has been in a slow crawl at its bottom edges for sometime but let's see if it got legs.
STRAT about to break resistance It rises with the corn. That means it is a good project. Look for a triple to a X5 from here within time.
Gartley Bullish pattern on STRAT/BTC.Gartley Bullish pattern has appeared on Strat/BTC.
Confirmation comes at 180k.
Sell targets are 218k, 260k & the most greedy target 300k.
Be careful with BTC moves, if does a strong correction/rally it could drop alts/BTC market.
Note: Trade at your own risk, this is an especulation.
$ARK — it has that name for a reasonI'd say this chart speaks for itself. This coin popped up on Bittrex in the halcyon days of March 2017, back when $ETH was still under $50. It pumped, but like $CRW, didn't go crazy moon-time like $STRAT or $PIVX did. Instead it established the beautiful fractal pattern you see here. The longer they accumulate, the harder they... distribute? is that how it goes? Anyway, it's called $ARK for a reason: you're gonna wanna get on this boat.
LONG: Stratis on bullish wedge patternBullish wedge pattern forming. If we could get a little dip for a better entry point, this could be a nice potential trade. If you're agressive you can descide to buy to make sure you don't miss the next leg up.
Strat Double TopHey everybody,
As you can see there's a double top on it.
And it will continue to fall, I hope a reversal soon...
Thank you,
Cryptoz
Stratis on the move? $STRATSo this is a chart update from the last one where I was anticipating a move from Stratis based off of previous sync with BTC. Movements with BTC were often a little ahead or a little behind. In this case, a little behind. Notice a few key elements, price looks to be bouncing off of Ichimoku cloud support which also matches the pink line. The pink line represents a big buy order on Bittrex for 20BTC which cumulatively is actually 50 BTC worth of buys to get below that line. If that is real, I don't think the sell volume would breach that wall if it drops back down. Also, Stratis birthday is on the 9th and there are supposed to be some developer updates which could be interesting and help push price up.
Strat BearishStrat is still bearish IMO, there's a confirmation of the dump with the MACD and it will still fall for the moment.
Thank you,
Cryptoz