ForecastCity May 5, Technical analysis: STRATIS/BITCOIN is in a range bound and beginning of up trend is expected. The price is above the Day WEMA which acts as a dynamic support. The RSI is at Trading suggestion: The price is in a range bound, but we forecast the uptrend would begin. Stratis (STRATBTC) is looking strong with prices bouncing off MA Here we have a new uptrend taking form and potentially a new higher low. We are likely to see a higher-high on the next bullish move. We stay strongly bullish above If prices break below this level we can see a retest of the last low. The next target is marked on the chart. Technical Analysis of Stratis / Bitcoin (HITBTC:STRATBTC) — TradingView. Which technical analysis tools can be used to analyze Stratis / Bitcoin? Check out various oscillators, moving averages and other technical indicators on TradingView.
Stratis btc tradingviewSTRATBTC Charts and Quotes — TradingView — India
Levels of support buy levels are shown in the chart and expect a more upside if the bitcoin doesn't dump significantly. Which is following the symmetrical triangle pattern.
You can see That First small symmetrical triangle breakout but if you noticed previous High between a symmetrical triangle formation. For what we are waiting we are waiting for the Breakout of the Technical analysis:. The RSI is at The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:. There is a possibility There is a possibility of Remember one think if Ascending Support line break down then pattern will be consider as fail pattern,then dont buy it. Note: This is only for Educational Purpose this is not an Investment advice. Hello Trader, Stratis dumped to an important support zone and the bulls are showning strenth.
It would be a good opportunity for a swingtrade with low risk. Please push like buttom and follow us on tradingview. MEDI snapshot 17 july! There has been accumulation for one year now. The next time it will retest it will probably break it.
Long term targets are in red. It follows zilliqa. It was a big pump in early Riding on bottom of it's accumulation area. Digibyte pumped Stratis pumped Will pump too. Just how washout trading works. This is But more important is that ADX line which represents strength is above both lines thus the pressure should change direction soon Taking a look at the weekly macro time frame for Stratis, I couldn't help but notice this fractal.
It's a head and shoulders pattern, but the time frame of this pattern from 3 years ago matches exactly that of today September to March. This could be a coincidence, but it could also be an indication that Stratis is about to explode. If it does, an early entry now Loving some of the gains seen since posting that higher time frame chart, my outlook hasn't changed and I'm long baby!!
That support highlighted took a bashing over Christmas, wouldn't be surprised if strat walks straight through it World's th ranked crypto token Stratis STRAT has formed bullish Gartley pattern and entered in potential reversal zone and ready for bullish reversal soon.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.