Stratis Technical Analysis (STRAT) | Bitcoin & USD 💰

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In this video, I show you my strategic Eliot wave technical analysis over Stratis (STRAT).
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I had a request from a member to do my technical analysis on Stratis against BTC&USD. It's very important that, if you are wanting to day trade any cryptocurrency, you should really do your research first. I suggest to go to coingecko.com, check the coins scale.

Here I see that Stratis (STRAT) is rated very high at 66%, and has a market cap of $650,000,000. With this information, we can deem that Stratis is worth trading and doing a technical analysis over. However, it is always best to do your own fundamental research first.

STRATIS TECHNICAL ANALYSIS BRIEF:
As we start the video, I begin to explain that there is no Elliot count, but you do have technical trading on the way down. These algorithmic bots (algos) don't have a preference on a coin. They are written to just trade and make money. So, we can do our stratis technical analysis, on these recent trades down.

Now, to do technical analysis over Stratis, I do the same procedure I do with all other coins and start measuring signs of strength. It's important to find the patterns these algos are doing, confirm their trade patterns, and most importantly, confirm to you all that Stratis is trading technically here.

Now I see that we have an Elliot structure, within this correction I show you. With this, we can confirm this is very technical trading. With this, I begin to do my Stratis technical analysis, against BTC and the dollar.

We can see we have a nice A,B,C correction. It looks like the algos targeted the 61.80%

Now I take a look at Stratis against the dollar. I conclude that it's not entirely the same as the Stratis technical analysis I did over Bitcoin. I find the pivots and check the pitchforks (modified shifts). Instantly, I can see that the it touches the median line several times.

This implies that there is strength in the market. I then find and predict the algo target zones. You can see the waves, within waves, within waves. This is the whole idea of the Elliot principle.

Lastly, I end this video with a little motivation. I want you all the be successful cryptocurrency traders. If you discipline yourself to do this over and over again, you will eventually learn this method of technical analysis. Don't look for the next shiny object and get stomped out.

Have the discipline and do the same thing. You can take the small hits. Just don't take big hits. And, this is all possible, within the Elliot wave principle. If you want step by step, comprehensive help with myself and like-minded learners, go ahead and become a Patreon.

🚨📈💰WANT TO LEARN HOW I DID THIS STRATIS TECHNICAL ANALYSIS, GET THESE VIDEOS BEFORE EVERYONE ELSE, & BE PART OF A REVOLUTIONARY COMMUNITY, ALL IN REAL TIME? You can! All you have to do is become a Patreon! 👉 https://www.patreon.com/tradedevils cryptocurrency investing

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