Stratis Breaks Ascending Triangle (115%-168% Short-Term Pot.)

6 wrz

Stratis (STRAXBTC) hit bottom June 2024 and has been moving with a bullish bias, that is, it has been producing higher lows while at the same time it has been challenging the upper boundary line of a consolidation triangle.

This pair, like many others, is moving strongly bullish as Bitcoin moves bearish. This means that this pair can grow while Bitcoin crashes.

Today Bitcoin is trading at the lowest level in a month, since the 5th of August. This is the continuation of the bearish move that start in March 2024. Such strong bearish action would normally crash the entire market but, since we are entering a major bull-run phase in 2025; smart money, smart traders and smart people alike know best than to sell their Altcoins. They are buying and holding and accumulating in anticipation of this major bullish event.

This is just one of the many Altcoins that are growing and set for growth... Bitcoin will also grow strongly in 2025, but it needs to end its correction before growth can take place.

All is good within the Cryptocurrency market. Money flowing out of Solana, Bitcoin, Ethereum, Binance Coin, Tron and the rest, will flow to the smaller Altcoins, such as this one.

Namaste.