STRAX / TetherUS
Long

STRAXUSDT: breakout from triangle, 2-3x in few weeks!!

141
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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:
CMP to $0.0419

Target Levels:
$0.0590, $0.0833, $0.01199
Hold for 3-4x in long term.

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