The daily shows a clear breakout to the upside for the STRAT/USDT pair. There is no prior resistance. Any close above 0.54 would confirm the breakout on the daily. As is the case for many alts right now, price discovery mode is in effect, and that tends to offer a bumpy ride (with an overall bullish trajectory). As always, keep an eye on BTC and other project-related developments. Charts indicate a clear, bullish bias with healthy volume inflows. Good luck.
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Should've mentioned that to those who haven't been in crypto long, Stratis is not a new coin. The USDT pairing is new, but there is a STRAT/BTC pairing that traders should be aware of. Stratis has been over $20 in the heat of early 2018 FOMO, so when I say no prior resistance, I mean in the relatively new USDT pair. Hope that didn't confuse anyone here. Thanks for stopping by.
Komentar:
Here is the BTC pair for context.