#STRAX Vertical Accumulation?Vertical Accumulation? Vertical Accumulation? Vertical Accumulation? Vertical Accumulation?
STRAXUSDT trade ideas
✴️ Stratis Ascending Triangle (Additional Growth Possible!)The rise started mid-September for Stratis (STRAXUSDT), together with Bitcoin.
It has been going up, straight up after breaking a major downtrend line (red) and ending in a classic rising consolidation pattern, a triangle.
Notice the huge buy volume in October, the bulls are showing up with force....
There is also a high reading on the RSI as prices grow.
All these signals are pointing up, a new high is likely to take place.
Knowing that Stratis moved first, this confirms the bullish wave isn't over, there is more.
More green, more growth, more excitement, more fun, more winning...
Thank you for reading.
Namaste.
StraxA rather short picture emerges in this asset, let’s look at it. First, let's look at the local downward trend (it also acts as resistance), which formed after the upward trend was broken down. We tested it a couple of times, but we never saw any penetration.
STRAXA rather short picture emerges in this asset, let’s look at it. First, let's look at the local downward trend (it also acts as resistance), which formed after the upward trend was broken down. We tested it a couple of times, but we never saw any penetration.
STRAX has nice bull runHottest coins in the last 24 hours:
#STRAXUSDT up +37%; 24-hour volume $244M
#BLURUSDT up +16%; 24-hour volume $200M
#TRBUSDT up +15%; 24-hour volume $1.4B
#CFXUSDT up +15%; 24-hour volume $995M
#POLYXUSDT down -27%; 24-hour volume $150M
Top coins by funding at 8:00UTC:
#TRBUSDT rate -1.41%
#MINAUSDT rate -0.56%
STRAX │ SHORT │ 20.10.2023BINANCE:STRAXUSDT.P
The coin fell below the IPO price after a temporary rise, which is a bad sign for the coin. The instrument is held just above the level, and my expectations are for a "base breakout" - a significant drop in the instrument.
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
there is no reaction to a strong instrument movement;
no response to a false level breakout;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
Trade Parameters
Open : 0.5979813;
Stop loss : 0.6130750;
Take profit :
0.5527000;
0.5376063;
0.5225125;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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STRAXUSDT_STARTING BULL TRENDTECHNICAL OUTLOOK:
1. Started Making HH and HL
2. Bullish Flag which indicates the continuation of Bull Trend
TRADE PLAN:
Go for BUY STOP Order at the break of 1st HH.
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.
STRAX Long hit day support level TP 1.4-1.5
BINANCE:STRAXUSDT
STRAX hit dayly support level
TP 1.4 - 1.5 (100-130% profit)
stop loss 0.6
#STRAXUSDT.P - I am Looking for ShortHello friends.
the coin that caught my eye today #STRAXUSDT.P. Our coin is experiencing a price-volume contradiction and the volume does not support the current price as of now. For this reason, I expect a sudden wave of sales to come. If the price throws itself to 1.20 levels with a sudden needle, I will be adding by enlarging my position. Sop price etc. is representative (P.S. I do not use stop loss ...)
Anyway, my target zone is primarily the previously tested 0.988 levels, but I do not plan to close positions in this zone. I will only wait for it to go below this price. My main target band is the 0.94-0.92 range and I will close most of my positions in that zone. Maybe I can leave a little bit within the 0.75 level depending on the situation and reactions.
Good luck...
None of my statements do not constitute investment advice !!!!
$STRAX near to BREAKOUT What Is A Demand Zone?
A demand zone is a support area where traders buy. This is often lower than the current spot price and can be near a psychological level such as $15,000, $20,000, or more.
Institutional supply and demand zones are often placed at flat numbers, and the price usually moves up or down depending on the trend.
STRAXUSDT|Trying to buy back the fallHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
After a strong strait, you can try to enter Long with a small volume! 1-2% of the deposit with a leverage of 2-3X.
Deal plan:
Entrance - 0.908/888$
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 running havocAfter receiving buy signal yesterday Strax is running havoc. We hope to gain more profits today
Next Targets:
1.07
1.4
1.6
Moon
STRAXUSDTSTRAXUSDT!!
'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
we were waiting for him to break and confirm
.....................................
TEK3
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.
STRAX - BullishIt has started printing HH and HL, signaling the bullish trend. Bullish divergence also noted on the last LL, hence aiming to enter a long trade instantly with SL set below last HL and TP set at 1:1 R/R ratio.
STRAXUSDT(Stratis) Daily tf Range Updated till 06-10-23STRAXUSDT(Stratis) Daily timeframe range. so close to 0.649 but its a tough resistance, if it breaks easy way to 0.838 . if not than risk of having a wick off.
Strax is Ready To Jump. And We do The Same**Strax (STRAX) Fundamental Analysis**
* Strax is a blockchain platform that aims to make it easy for businesses to develop and deploy decentralized applications (dApps).
* It is a layer-2 solution that builds on top of the Bitcoin network, providing a number of advantages over developing dApps directly on Bitcoin, such as faster transaction speeds and lower fees.
* Strax also offers a number of features that are specifically designed for businesses, such as smart contracts, identity management, and payment processing.
**Recent Strax News**
* On August 4, 2023, Strax announced the release of Stratis Sidechain Platform v2.3, which includes a number of new features and improvements, such as support for Bitcoin Taproot and enhanced security.
* On September 15, 2023, Strax announced the launch of the Stratis Academy, which is a new educational platform that provides resources for developers and businesses who are interested in learning more about Strax and how to use it to build dApps.
**Strax Disclaimer**
Strax is a cryptocurrency, and as such, it is a highly volatile asset. Investing in STRAX is risky and could result in the loss of your investment. It is important to do your own research before investing in any cryptocurrency, and to only invest what you can afford to lose.
**Disclaimer AI:** I am not a financial advisor and this is not financial advice.
Finally Strax Started seems like getting ready for solid gains
formed text book symmetrical triangle in 3 days tf and breaking out incase of successful breakout expecting solid recovery
expecting move towards 2$ In Midterm do not buy without confirmed breakout
strax building up for Massive Breakout Seems Like Getting Ready For Massive Breakout Consolidating In Symmetrical Triangle In 3 Days Timeframe Incase Of Breakout Expecting Massive Bullish Rally In Midterm Expecting Move Towards 1.70$ In Case Of Successful Breakout Wait For Confirmed Breakout for Entry
Strax Testing Crucial Resistance Seems Wanna Break Descending channel In Higher Timeframes Incase Of Successful Breakout Expecting 240 to 260% bullish Rally In Midterm Keep Eyes On For Lower Timeframes Breakout
