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STRAXUSDT

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.
Long
by CryptoBrainn
STRAX/USDT UPDATE:Requested by @WealthHustler (Commented on one of my previous posts): Looking on a Weekly timeframe, we have bounced of the previous High (which was untested before) + bounced into the last SUPPLY zone. Currently rejecting it, but will have to wait for the weekly candleclosure. As long as we can stay between the 2 marked horizontal lines, things are neutral, but would be favoring short term bullishness if we can make a set of Higher Lows + Higher highs on lower timeframes. Bearish --> looking at the DEMAND zone just below this support. Bullish --> looking at the SUPPLY zone + diagonal trendline to break. Will keep this thread updated. Oli (Like & Follow for more free analysis.)
by theGOATofCrypto
2
STRAXIve charted Stratis vs USD as it has the move volume in pair traded. Ive been a long term maximalist in STRATIS for a fair while now and I feel that its current test of ATH is long over due, but the amount of hype there is over shitcoins these days outweighs good fundamentals Lets talk charts. Starting from top down: OBV: OBV has been climbing thought the last few years which tell me that money has been pouring into this asset and people have been accumulating. Price action: After nearly a year of trading at the POC we had a spike of around 700%. It has since retraced to my buying window which is between the 618 and 786 fib levels. Price is also holding the 200ma on the weekly chart which is acting as support. Volume: Looking at volume dropping off, we haven't seen volume this low since September 2018 and we are at the point of "Who's driving the bus?" meaning who is in charge here, the bulls or bears. If we break down from this 200ma we could potentially go back down to 65c where it will go back to original break out level and the 0.886 fib. Histogram: Im not seeing much in the histogram but one good thing is that it hasn't made a lover low. If it did I would be instantly Bearish. RSI: Rsi is kind of in no mans land, I would have liked to see this in the oversold territory but lets see as time goes on Willy: Williams percentage R and a 13ema is a great indicator to tell us if an asset is truly over bought or over sold which its now telling us that its just crept into the over sold territory. In conclusion, I need 3 reasons to make a trade. 1: Location. Where is price relative to fib buy zones. 2: Divergence. Are we seeing any bullish divergence in the indicators relative to price 3: Structure. Are we seeing any W's in price action or indicators. Remember W's in price and indicators are bullish and M's are bearish Take this TA with a grain of salt as its my own opinion on what I see in the market. Remember, "Plan your trade and trade your plan"
BINANCE:STRAXUSDLong
by Cryptonite_trader
1
🛴 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++ ----------------------- 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
Long
by V0VOLAN
4
STRAXUSDT Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
Long
by hadimozayan
STRAX/USDT Bullish Head and Shoulders pattern to play out?STRAX forms a Head and Shoulders pattern which could break upwards in price. The RSI on the 4h chart currently follows the upwards trend indicated by the yellow line. Also on the 4h chart we see a bullish cross between the 50 and 200 MA which is indicated by the yellow camera. If the breakout occurs we expect some upwards movement with the target close to the previous ATH. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
Long
by tumbler55
1