STRAXUSD
#STRAX/USDT#STRAX
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.0600
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.0610
The first target is 0.0670
The second target is 0.0749
The third goal is 0.0832
#STRAX/USDT#STRAX
We have a bearish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.0700 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.0800
The first target is 0.0886
The second goal is 0.0976
the third goal is 0.1068
#STRAX/USDT#STRAX
The price has been trading in a descending triangle since January 2022
And the descending triangle was broken strongly.
Powered by Moving Average fraction 100.
And overselling on MACD
We are now at the first goal 1.277.
Expects a correction to 1.06 before completing the growth.
For the second goal 1.645
#STRAX/USDT#STRAX
The price is moving in a downward channel on a 1-day frame
We have a trend of breaking moving average 100 to the upside
We have a major support area at the 0.800 level
We have a positive divergence on RSI
Entry area 0.917
The first goal is 0.974
The second goal is 1.087
Fourth goal 1.20
Stratis (STRAX) forming a bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Stratis (STRAX) coin with US Dollar pair.
Recently we caught almost 190% pump of STRAX as below:
Now on a 4-hour time frame, STRAX has formed a bullish Gartley move for the next bullish reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
STRAXUSDT|Trying to buy back the fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a strong strait, you can try to enter Long with a small volume! 1-2% of the deposit with a leverage of 2-3X.
Deal plan:
Entrance - 0.908/888$
Stop - $827, taking into account the good there will be less stop!
Take - 0.987, fix 50% of the position, stop in used!
Guys, the coin is extremely volatile, be careful and follow your risk management!
Spotting the Highs and LowsSTRAX on the 1-hour chart has shown signs of consolidation post a significant upward rally. The juxtaposition of various technical indicators suggests a mix of bullish and bearish cues, making it imperative to keep an eye on established levels.
Technical Indicators Overview:
Bollinger Bands: The price nearing the upper band often implies strong bullish momentum. However, it can also suggest a potential pullback or consolidation in the near term.
Parabolic SAR : Its position above the price could indicate potential short-term bearishness.
MACD: The closeness between the MACD and Signal lines suggests a lack of decisive momentum in the current phase.
RSI: Being in the neutral zone, it doesn’t hint at immediate overbuying or overselling.
Stochastic Oscillator: Its neutral positioning doesn't provide a definite buy or sell directive.
Fibonacci Retracement Levels:
The proximity to the 0% level indicates recent bullish strength.
The 38.2% and 50% levels will be pivotal in determining if the bullish trend will resume or if a deeper correction is in play.
Probable Scenario:
Given the price's interaction with the upper Bollinger Band and the neutral positioning of both RSI and Stochastic Oscillator, a period of consolidation or minor retracement could be on the horizon. The key will be observing how the price interacts with the aforementioned Fibonacci levels, especially the 38.2% and 50%.
Bullish or Bearish?
The current indicators suggest a cautious bullish stance. Still, vigilance is advised, especially around the crucial Fibonacci retracement levels.
STRAX is about to fall !STRAX has entered a correction phase after its recent climbs.
Now a supply area has been formed and we are expected to move from this supply to demand.
We have not been given good confirmations for a good drop yet, but if you are looking for a position, you can use the invalidation level as a basis for violating this analysis.
STRAXUSD hit the 1week MA200 after more than a year.Stratis / STRAXUSD hit the 1week MA200 after June 2022. That is also the top of Resistance Zone A and somewhat below Fibonacci 0.382.
Technically the strongest Resistance region and what separates the Bear Cycle from the Bull.
Even though the coin has long broken the Falling Resistance of the correction cycle, it is still inside the Accumulation range.
Only by closing over this Resistance Zone, will it enter into long term bullish grounds.
Until it does, sell and target 0.55000 (1week MA50). A highly overbought 1week RSI supports this scenario.
If it does close a weekly candle over the MA200, buy and target 1.6500 (under the 0.618 Fibonacci).
Follow us, like the idea and leave a comment below!!
Stratis (STRAX) forming a bullish Gartley for upto 35.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin with US Dollar pair.
Recently we caught a almost 72% pump of STRAX as below:
Now on a 2-hr time frame, STRAX is about to complete the final leg of a bullish Gartley move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Stratis (STRAX) formed a bullish Gartley for upto 12% pumpHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin with US Dollar pair.
Previously we caught a nice pump of STRAX as below:
Now on a 2-hr time frame, STRAX has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Stratis (STRAX) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin with BTC pair.
Previously we had a nice trade of STRAX with USD pair.
Now on a 4-hr time frame, STRAX has formed a bullish BAT pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Stratis (STRAX) formed bullish Gartley for upto 22.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin.
Previously I shared below long-term trade-setup for Strax , which is still in play.
Now on a 4-hr time frame, STRAX has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Strax Usdt
If we evaluate the data obtained in the box measurement between the low area and the peak, the fact that the back test is from 0.382 suggests that this will draw a harmonic pattern.
I think the C leg will stay between the 0.618 and 0.786 I mentioned on the chart.
Because I considered level A to be excessive depolarization. If we consider the depolarization ratio as 1/2, I believe that the C leg cannot go higher than 0.786.
The SL area I marked with the red line looks clear. A breakdown of this support point on the downside will clearly turn the chart into a negative.
So there is a clear support zone.
In this case, 10% stop loss and take profit above 45% can be considered as a strategy.
When I measure the D leg as 1,618, it gives a synchronous image to the previous accumulation area.
If, as I thought, this is a harmonic pattern, the measurement data confirms that it can happen.
Note: this is not investment advice.
Stratis (STRAX) formed bullish Gartley for upto 1067% huge moveHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin.
On a monthly time frame, STRAX has formed a huge bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
STRAX/USDT Secondary trend (part). Triangle area.Timeframe 1 day. Logorrhythm. Secondary trend (part) in which an uptrend has formed.
Potential reversal zone. Price is clamping down, volatility is minimal.
29 11 2021 Stratis Build Hackathon kicks off with $100,000 in prizes
STRATIS is now oddly transformed into STRAX after swap in cryptocurrency search, maybe that's a hint?)
Coin in Coinmarket: Stratis(STRAX)
Stratis (STRAX) formed bullish BAT for upto 15.5% moveHi dear friends, hope you are well and welcome to the new trade setup of Stratis ( STRAX ) coin with BTC pair.
On a 2-hr time frame, STRAX has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🛴 STRAX- 200EMA/key level consolidationThe price is consolidating on 200EMA and key level and soon will be squeezed between dynamic support and resistance lines (orange), being forced to make a move either way.
Entry: buy in the lower part of the formation between current price (2.12) and key level (1.98)
SL: below 1.82 or 1.63
Targets:
TP1: 2.23
TP2: 2.83
TP3: 2.69
TP4: 2.96
TP5: 3.58
TP6: 4.56 (~120%)
TP7: OPEN++
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Stratis is a blockchain-as-a-service platform that offers several products and services for enterprises, including launching private sidechains, running full nodes, developing and deploying smart contracts, an initial coin offering platform, and a proof-of-identity application. The company also provides cryptocurrency wallets and blockchain consulting services.
Stratis operates its own blockchain powered by a native token, STRAX, used to purchase and operate services such as executing smart contracts, paying for sidechains, and staking as collateral to operate a Masternode --- a node on the network that provides a specific needed service.
The platform was first announced in June 2016, and it launched in August 2016. In November 2020, Stratis deployed a new blockchain that uses STRAX instead of its previous STRAT token.
Source: coinmarketcap