Stratis has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Stratis began a wave one advance on April 27. The wave one (sub-waves i-v) finished on May 5, and the wave two (sub-waves abc) correction ended on May 9. If this wave count is correct, Stratis should be heading next towards the May 5 peak in the wave three.
(Chart courtesy of Tradingview.com)
Zooming out in the four-hour chart, I believe Stratis is currently in the wave three (sub-wave three). The wave one began on March 10, and finished on April 15. The wave two correction ended on April 27.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Stratis will takeout the May 5 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Stratis will drop below the April 27 low".
If you think Stratis is in a range, upvote this post and upvote the comment "Stratis will stay in a trading range between the April 27 low and the May 5 peak until June 7".
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