STRAX/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.
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.
Trade active
Strax exhibited a substantial upward movement, aligning with the bullish forecast derived from our analysis. The breakout was well-executed, leading the price to hit the designated resistance zone. Anticipate a potential corrective phase before resuming the upward trajectory.Trade active
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.