Stratis has broken out of the triangle pattern in the four-hour chart.

https://s18.postimg.org/swsj79809/nimet_n.png

(Chart courtesy of Tradingview.com)

In Elliott Wave terms, Stratis began a wave one advance on March 10. The wave one finished on April 15, and the wave two correction ended on April 27. The wave three advance finished on June 3, and the wave four correction ended on July 11. If this wave count is correct, Stratis should be heading next towards the June 3 peak in the wave five.

https://s17.postimg.org/5sc2duhun/nimet_n.png

(Chart courtesy of Tradingview.com)

https://s17.postimg.org/7zbxkykfz/maarnio.png

If you think this analysis is correct, upvote this post and upvote the comment "Stratis will takeout the June 3 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 June 3 peak until August 18".

You can upvote the comment until 3 PM EST July 19 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first). Only participants with a Reputation of 35 or more will qualify in the contest.