Stratis Price Analysis: 2 Scenarios Described

in #stratis • 9 years ago

Stratis managed to break out about 1 month ago. However, it looks like it is having trouble maintaining it. Here is the daily graph:

FireShot Capture 276 - STRATBTC_ 0.00157556 ▲+6.83% -_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: I see 2 scenarios, the positive one is that it will go back up to 0,0025 BTC and have another breakout and everything is fine.

The negative scenario is that Stratis will fall back down to the black horizontal support line at 0,0005 BTC.

To be honest, the negative scenario looks more likely when I look at the graph and if you are looking for a good entry point, it could be wise to stay at the sideline for a while.

Happy trading!

#altcoin #cryptocurrency
9 years ago in #stratis by
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