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STRAX / TetherUS

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STRAXUSDT trade ideas

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
STRAXSTRAX is coin I trade 1/2 month ago and gave us good profit of 40%, coin is now back in my buying zone and is trading between lines, if it follows previous trend we will see good breakout that can give really good returns. It can be good to pick between $0.9 - $0.97. Analysis shows it can easily jump to $1.12 as it has event coming soon will link below. So this makes good for swing trade. Positional trader can hold for mid term as D1 and H4 order block and target $1.8 - $2. Stop loss can be between $0.78 - $0.86. Overall good coin to pick and hold for next coming days. DYOR, trade safely
Long
by sebastianjohansen
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
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