I am going to present the technical analysis on STRAT on Bittrex.
On the Daily time frame, the STRAT/BTC is showing the formation of Cup and Handle pattern. This formed pattern is indicating a bullish move. In case. This is a long-term move.
Also have a look at the MACD signal line which is also moving upward, thus showing a bullish move.
Have a look at the technical chart.
Image Source: www.tradingview.com
Indicators used:
I have used following two indicators.
- Relative Strength Index
- MACD
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Please tell me there's a cup and handle on TRX. That wold make me so happy, lol.
I check it and then inform you.
much appreciated :)
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