Stratis - Early Call on Possible Breakout - Technical Analysis

in #stratis7 years ago (edited)

Hello Steem,

Stratis is a top 10 cryptocurrency in Coinmarket Cap

https://coinmarketcap.com/currencies/stratis/

Current Price :  $6.18 

Technical Analysis

1. Stratis has been accumulating since a long time, it dropped from the peak of 0.00468

2. If you see there is formation of a triangle from its peak to its low.

3. Now we can see a possible breakout with a strong green candle on the upside of the triangle.

4. A breakout on the upside shows the possibility of a next long leg upwards.

5. Need confirmation from next few candles plus have to watch out volume

6. Stochastic RSI shows bullish cross over.

7. Stratis has strong support at 0.00220 


Fundamental Analysis


My other useful articles on Stratis

Stratis Dashboard App Review - https://steemit.com/stratis/@sniperz/stratis-dashboard-app-review-are-you-using-it

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Thanks mate