STRAXUSDT UPDATESTRAXUSDT is a cryptocurrency trading at $0.04440, with a target price of $0.07000. This represents a potential gain of over 80%. The technical pattern observed is a Bullish Falling Wedge, indicating a possible trend reversal. This pattern suggests that the downward trend may be coming to an end. A breakout from the wedge could lead to a significant upward movement in price. The Bullish Falling Wedge is a positive indicator, signaling a potential price surge. Investors are showing optimism about STRAXUSDT's future performance. The current price may present a buying opportunity. Reaching the target price would result in substantial returns for investors. STRAXUSDT is positioned for a potential breakout and significant gains.
STRAXUSDT trade ideas
Strax/USDT %400 Daily Volume Increase!STRAX/USDT has experienced a notable 400% increase in daily volume, which is worth monitoring. However, given the broader market downturn, it would be more prudent to focus on extreme demand areas for potential opportunities.
Iโve identified the blue boxes as key zones to watch. That said, I plan to approach this with caution and avoid taking excessive risks in this uncertain market environment.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I donโt claim to know it all, but Iโm confident in my ability to spot high-probability setups.
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#STRAXUSDT Bullish Breakout: Aiming for 220% Gain!#STRAX is currently breaking out above the 35 EMA and the resistance trendline. With only 8 hours and 28 minutes left until the daily candle closes, STRAX must close above the resistance trendline for bullish confirmation.
The price is within the accumulation range, and a rally toward the primary resistance at $0.573 is likely.
In a bearish scenario, accumulating STRAX between $0.0345 and $0.0436 could be considered a worthwhile buying opportunity.
Key levels:
- Confirmation: A breakout above the 35 EMA and resistance trendline.
- Accumulation: $0.0345 to CMP.
- Lower Support: All-time low at $0.0345.
- Primary Resistance: $0.0573.
- Targets: $0.0573, $0.0741, $0.0937, $0.1103, $0.146.
DYOR, NFA.
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Thank you.
#strax #cryptocurrency
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Let's analyse TIAUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Stratis is a blockchain platform that enables businesses and developers to build decentralized applications (dApps) and smart contracts. Key features include:
Blockchain as a Service (BaaS): Allows businesses to create private blockchains easily.
C# Smart Contracts: Developers can write smart contracts in C#, making it accessible for .NET users.
Custom Blockchains: Users can tailor blockchains to their specific needs.
Interoperability: Facilitates communication between different blockchains.
Enterprise Focus: Targets businesses in sectors like supply chain management and financial services.
Stratis aims to simplify blockchain adoption for enterprises and developers.
TECHNICAL ANALYSIS:
STRAXUSDT has shown a bullish breakout, breaking out of a triangle pattern. The price is currently trading above the 21-day and 50-day moving averages, indicating a potential uptrend.
Despite the 80% increase in trading volume, the price has not seen a significant move. This could be a sign of accumulation, suggesting that a breakout may be imminent.
Buying Levels:
NYSE:CMP to $0.0419
Target Levels:
$0.0590, $0.0833, $0.01199
Hold for 3-4x in long term.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis youโd like to see.
Happy Trading!!
#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
STRAX Don't Miss Out! Grab the Bull by the Horns ## STRAX Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Stratis (STRAX):** A blockchain platform focused on providing enterprise-grade solutions for businesses.
* **Launched:** July 2016.
* **Market Cap:** ~$12 million (as of Feb 23, 2024).
* **Rank:** #702 on CoinGecko.
* **Unique Features:**
* **Sidechain technology:** Enables businesses to build private blockchains linked to the Stratis public chain.
* **Smart contracts:** Supports the development and deployment of decentralized applications (dApps).
* **Regulatory compliance:** Designed to meet the regulatory requirements of financial institutions.
**Recent News:**
* **Feb 20, 2024:** Stratis announces partnership with blockchain security firm ChainSecurity.
* **Feb 14, 2024:** Stratis releases update on its Stratis Identity solution.
* **Feb 7, 2024:** Stratis participates in the Dubai Metaverse Show.
* **Jan 30, 2024:** Stratis announces collaboration with Jelurida to offer interoperability solutions.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* STRAX price has seen limited activity in recent months.
* The recent news items highlight Stratis' focus on enterprise partnerships and security solutions.
* It's important to be aware of the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
STRAXUSDTSTRAXUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
STRAX LONG IDEA hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Straxusdt Approaching Major Decision ZoneSTRAX/USDT is at a pivotal juncture, trading within a compelling triangle-like pattern. This consolidation phase suggests that the price is gearing up for a significant move, positioning us at the brink of a decisive moment.
My core strategy is to monitor and act on the breakout, whether it's bullish or bearish.
If the price pierces through the crucial support zone, our action plan should be to short the subsequent pullback. The projected target for this bearish move will be the 'Projected Target zone' delineated on the chart. This will be our area of interest for potential take-profits or further evaluation.
Conversely, if STRAX surges upward, breaking the triangle's upper boundary, our bullish target will be the 'Immediate Resistance zone'. This zone signifies potential sell orders and might act as a temporary barrier for the price.
Trading comes with inherent risks. Never risk more than you're comfortable losing on any trade. Wait for clear confirmation before executing any trade.
Enjoy your trading.
STRAX: Building Momentum for a Breakout! ๐๐นIntroduction: ๐ STRAX is under the spotlight as the trader strategically accumulates for potential gains! The coin has been consolidating within the historical resistance zone of $1.19 - $1.27 for the past two months. With substantial accumulation and significant volumes, the trader anticipates an impending breakout, projecting bullish momentum in the coming weeks.
Trade Plan: โ
The trader has acquired a mid-term position on STRAX, observing the coin's consolidation near the historical resistance zone. The accumulation phase, coupled with substantial volumes, fuels the expectation of an impulsive breakout and subsequent upward movement.
Technical Analysis: ๐ Examining the chart, STRAX has been approaching the historical resistance zone of $1.19 - $1.27 for an extended period. The trader identifies the impressive accumulation and substantial volumes, signaling a potential breakout. The anticipated breakout is expected to initiate a sustained upward trajectory.
Risk Management: ๐จ To manage risks, the trader suggests placing a stop, at the discretion of the investor, at approximately $0.897.
Targets: ๐ The trader has marked potential targets on the chart, providing a visual roadmap for prospective gains.
Conclusion: ๐ STRAX beckons traders to join the momentum-building phase as it eyes a breakout from the historical resistance zone. With strategic accumulation, substantial volumes, and outlined targets, the trader anticipates a bullish surge in the coming weeks. Prepare for potential gains with STRAX! ๐น๐