STRATBTC closes lower for the 2nd day in a row
Moving lower for the 2nd day in a row, STRATBTC ended Saturday at 0.000250 losing BTC0.000013 (-4.94%) on low volume. Today's closing price of 0.000250 marks the lowest close since April 2, 2017. The bears were in full control today, moving the market lower throughout the whole session. Closing below Friday's low at 0.000262, Stratis confirms its breakout through the previous session's low having traded BTC0.000013 below it intraday. Ending with a weak close near the low of the day sets a bearish note for the next session.
Saturday's trading range was BTC0.000015 (5.7%), that's below last trading month's daily average range of BTC0.000026. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being slightly below average.
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.
While classical technical analysis indicates a slightly bearish sentiment for the next trading day, our quantitative statistics show a different picture being bullish.
Market Conditions for Stratis/BTC Index
|Strong Up Move||TQ Pro Members Only|
|White Candle||TQ Pro Members Only|
|Close to Swing High||TQ Pro Members Only|
|Closed above last periods high||TQ Pro Members Only|
|3 Consecutive Higher Closes||TQ Pro Members Only|
More market conditions identified for TQ Pro members...
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