Stratis Monthly Support 1 is strong and here is why?

Few notes on Stratis Chart


1. Old Channel , acted as support with pattern suggesting reversal of correction wave which happened very quickly (first green arrow on the left)

2. Recurrent engulfing patterns over the last 21 days suggesting more bulls or buyers interest (Green arrows), Possible pump coming

3. Last Monthly support 1 level at 157K meeting the upper border of the previous channel

Of course, all are looking at BTC now but our views with money management Stratis is good Mid to long term investment


A conservative entry would be after crossing of 50 EMA and after BTC segwit activity calm down

Stratis address
Sk9mJrvewuvtbTY8Ar24ftNAyDhN3Nm7Pf

best of luck everyone