Stratis Long Term

Nov 28, 2017

Startis broke out of the descending channel.
We can see this thanks to divergences.
After a small pump the price bounced of of the fib 0.236 level and continues it's uptrend.

Nov 28, 2017

Note

Divergence:
The price makes lower lows while the oscillator (RSI) gives us higher lows.
This is called bullish regular divergence.

At the end of the lower lows period (price), we find a crossover at the MACD which is an indicator for a trend reversal.

Nov 28, 2017

Note

I put the start of the higher highs a bit too left, it started 15th November