At the moment we have formed a double bottom and the trading volumes in these points are significant, this tells us that this zone is a good support zone. This can be a signal for good growth opportunity to the upper boundary of a large triangle, which coincides with the 0.618 Fibonacci level. But on this path there are still other local resistance at 0.236 and 0.328 Fibo. Also it is necessary to remember that all altcoins move together with BTC so that it is necessary to monitor this movement as a whole.
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At the moment, we see that the STRAT is moving in the channel between the support level to which we have approached two times and the 0.236 level of Fibo.I expect the asset to move further in this channel and drop it a third time to the support level.If we hold onto it this time, then most likely, we have found the bottom for this crypto asset. I expect further movement within the large triangle and the growth to its upper bound.
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Soon we'll see 0.5 Fibo lvl