Stratis Long Term
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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.
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.
Commentaire
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.
Commentaire
I put the start of the higher highs a bit too left, it started 15th November
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