Hello guys,
Today we're going to talk about stratis coin which is a pretty solid project but after making a high of 470k satoshis back in June 2017, the price has been declining. So, let's quickly have a look at the price chart and find out the trend and possible entries.
STRAT/BTC
As it can be seen in the chart, it made lows of 34-35k satoshis back in November, 2017 and started moving up again making a high of 155k satoshish and didn't get back to the 30-40k level again. We have drawn a trendline on a daily time frame chart from November lows to the current price (also a pre-pumped zone) which is being followed nicely.
The RSI also looks to have broken out of the downtrend along with MACD showing bullish convergence. When such coins start reversing the trend, they go up pretty wildly so we think strat shouldn't be missed at these levels.
TRADE SETUP
BUYING RANGE : KEEP ACCUMULATING BETWEEN 80-90K
TARGET : 158K, 220K
PLEASE NOTE THAT THESE TARGETS ARE FOR LONG TERM AND WE SUGGEST TRADERS TO BUY MORE OF IT GOES LOWER FOR MAXIMUM GAINS.
DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.
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