This article was posted on Friday, 19:00, UTC.
Some of the up-and-coming altcoins are finally showing strength today, although the lengthy, and possibly frustrating consolidation period is still “on”, according to the charts, with the small cap coins only regaining what they lost in recent days. That said, today’s price action is encouraging, despite the low trading volumes and the lack of clear break-outs, which suggest that more patience will be needed from short-term traders. Stratis (STRAT) STRAT/BTC, 4-Hour Chart Analysis Today’s move in the coin brought it back to the resistance line of the dominant consolidation level, and short-term traders are still advised to wait for a…
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Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.