#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
STRAXBTC
#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.
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.
✳️ Stratis ALTSBTC Recovery Confirmation = Bitcoin CorrectionPatience is key...
More than 30 days of a steep decline, a strong correction, has been recovered in a single day.
This is Stratis on its Bitcoin pair (STRAXBTC).
Notice the super high volume and the massive growth today of 45%.
What one does, the rest follows... It is the turn for the Altcoins vs Bitcoin pairs.
Bitcoin will enter its correction, that's ok we've been waiting for it, we can protect our Bitcoins by moving to the Altcoins and enjoy the ride up, once the Altcoins stop moving we switch back to Bitcoin and win-win all across.
We have plenty of time because this process can take weeks... I shared my warning 24-March, see the chart below:
There is still time though.
Namaste.
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 93% Bullish Breakout (Weekly Timeframe | 12,000% To ATH)Stratis (STRAXBTC) breaks bullish today with massive growth.
This is what we are looking for and what we see coming for the Altcoins we are sharing.
Todays candle has grown by 93% as prices break above EMA100, EMA300 and MA200 simultaneously.
Supported be really high volume.
Here is the daily chart:
With a low set 12-May, this type of action can signal a trend reversal...
Growth long-term.
We can see a nice 180%+ since the May low.
Now, looking at the weekly timeframe.
The low was set January this year, 2022 and this May the higher low.
We are mapping 634% to EMA300.
And over 12,000% to Stratis vs Bitcoin All-Time High.
See the chart.
Namaste.
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
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"
STRAX/BTC Update: Still following the upwards movement Like the whole market Stratis did see a major pullback.
Looking at the chart against Bitcoin we see that we got pulled back near our ascending line (violet).
The first resistance line around 0.000062 was taken out which will make it easier to go through the next time.
Looking at the RSI we see that we get close to oversold regions.
Checking the Fib we recognise that we have to hold the 0.6 line to remain bullish.
If you are interested into more details about Stratis so checkout their twitter page:
twitter.com
You also can ask questions at their AMA on May 25 at 12:00 (EDT).
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
STRAX/BTC Update: Bullish H&S breakout. Upwards we go Stratis did a bullish breakout from the Head and Shoulders pattern.
We even did break the first resistance line and are currently consolidating above it.
If we manage to hold above the old resistance line and turn it into support we can expect further upwards movement.
Checkout the twittersite of stratisplatform which is very active.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
STRAXSTRAX on a clear breakout! look for these two price targets definitely gonna hit these. This is STRAT or stratis. They just changed their coins name today to STRAX. Still same coin and company though I do belive? Anyways. Broke the trend line I had drawn and closed above on the 15 and 30 min chart so be looking for it to head to 8$ within the day.
STRAX/BTC Update: Entry picked, H&S plays out, 50x incomingWe did get our entry shown by the box.
The Head and Shoulders pattern plays out as well and we are likely to see upwards movement.
STRAX did hold very well during this midday pullback which is another bullish sign.
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.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.