Stratis Long-Term.Point of entry for 500 %profit.The most likely that stratis correction is not over because there is one more demand zone on about 0.0002 lvl -0.15% where Stratis can fall. In my opinion STRAT makes ABC Elliot correction (3-3-5) waves.We can observed that when STRATIS firstly touched demand zone it grew well with 3 waves (A-B-C) but ABC can not be a growth waves lonely , It can be a growth only in main huge ABC correction what we can see from June.ANd of course after secondary ABC we see 5 waves ( like in Elliot's teory ), may be they are not perfect but they are.One question when fifth wave ends and we can fill our bags .We can consider that 5th wave finished and upward trend started but volume is low and market focused on BTC .If Bitcoin continues sharp rise to 10 000$ I guess Stratis fall to 0.0002 lvl .So it is your choice enter now or earlier.
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Stratis
STRATBTC 4 HourWith Bollinger Bands so contracted, Stratis is ready to make a move very soon. Target in the box. ;)
Medium term STRATIS analysisStratis as other alts is facing a huge downtrend but there is still a strong support at the 3$ which it will be very hard to breakout to to the good fundamentals of STRAT. It hyped too much so is normal that it is taking so long to go to previous levels. However we can see a triangle and there is a good likelihood that STRAT is going up the next year.
This is medium term I'm still not expecting the breakout this year. Next year it would be my pick.
STRATIS - Flag and down trend resistance - UP in play ?downtrend - resistance - important POINT !!!
FLAG - pattern
correction A_B_C , behind
will go UP ??
STRATIS - Strategy for upcomming BTC correction (88% Profit)FA:
- Alts going down because of BTC correction.
- I think BTC can go near 5200$ in a couple of days (0.618 Fibbonaci Retracement of the last rally).
- Many BTC rallys had a 0.618 retracement.
Entry:
- Great entry due to low price. Its very unlikly the price goes any further down (wedge triangle support line).
- The price it's in a 0.768 retracement of the all-time-high. Price is way too undervalued right now compared to the all-time-high (buy the deep).
- Price reached this value a couple of times before.
- Look for signs of oversold on the 4h chart to buy.
- Can go lower, but it's more important to get a good entry then none.
Target:
- Break of the wedge triangle resistance line.
- Price reached this value a couple of times before.
- Great profit 88%.
- Look for signs of overbought on the 4h chart to sell.
- Can go higher, but its already a great return. See the follow up bellow.
Alerts:
- Crossing down 2.90$
- Crossing down 2.70$
What's Next:
- When the price breaks the wedge triagle pattern it will probably go down to test the new support line.
- Then we can enter the trade again for more profit.
Please feel free to comment and give your ideas bellow!
$STRATIS Reversal SoonStrat will be looking to break from its falling wedge out of a potential inverse head and shoulder formation. RSI showing Bullish momentum as well
Ark, 2 ways to go, and looks like Stratis in the spring.This time, great moment to go up or down.
Personally, I bet up 70% in my viewpoint. And at the 30% of possibility, it would go down.
When seeing market capita, It seems to be top.
But many coins are locked, so regarding supply and demend theory, we should not our own psychological top area.
Hence, in the daily view, it would be great not to close trade until it brakes trendline.
***news
: Smartbridge, ACES (that could be linked to another coins, which are associated with atomic swap, lightening network and DEX.)
STRATIS TO THE mooon hii
daily frim
MID-TERM
buy now or affter break (B)
target 0.001-0.0015
GOOD LUCK
STRAT + ADX comparison (fractal)$ADX looks similar to STRAT before the breakout and before it made a 6000% price gain.. if if breaks the trendline and closes above this could be a big winner.. FA is also strong on this one.. really good RR imo.. always dyor u know its still crypto..
STRAT/BTC High Volume BreakoutAfter breakout on high volume (positive sign) and failed bullish run I expect downward movement to previous downtrend line (which became support) and 0% fibo level. It should be a good place for going long.