Get started

STRATBTC

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!
S
by yuri72
Stratis update with less arrows :)We witnessed sharp downtrend for the one month which starts in the mid of June. There is almost perfect double top formation which based on my experience when is respected by market tend to move price in desire direction for some time not just few days. It seems to me that there is struggle to leave the pair above first GAP. I personally don't think it will stand and the next GAP should be next target. I could be wrong but in my opinion enter the market with current condition is risky. I would look to enter very close to 10k level where the pair will create double bottom formation which would be very reliable. I put short living 200 ema which should give us some insight what the pair is planing :) Also infinite grow of BTC is not helping pair to move higher.
S
by Krystiannwk
Stratis very interesting price action and levels to observeWe can see double top which stopped bullish movement with candle with long wick. I marked 2 GAP's which are respected by market in some way. The bottom one is clearly respected by market and gave nice push for the pair to move higher. I decide to put many arrows on the chart:) I would suspected that the pair will try to rebound from these 3 levels. In my opinion the most probable is that the pair will move higher after it will find support around bottom GAP. It is also quite possible that the pair will create double bottom. I will be looking for the 0.0045 or something close to that as TP.
S
by Krystiannwk
5
STRAT is still taking a break from its last runSTRAT had a nice run earlier this week and hopefully you guys were on the receiving end on some of those profits. Currentlly its taking a little breather but is still in that nice little uptrend since the 28th. I would say to be cautious if it breaks below 200k with some volume (if it touches it then its fine), we could see a bounce off of 205k at the trend support line as well. RSI is showing oversold and this recent dip from 235k isnt caused by too much volume. Once profits from ANS and other alts get cashed in in the next few days, some of that profit might be the fuel to STRATS second run. Suppor 1 - 200k Support 2 - 196k (FIB LINE) Target 1 - 240k Target 2 - 255k
S
by UnknownUnicorn1195715
2