Technical analysis by MasterAnanda about Symbol STRAX: Buy recommendation (6/17/2025)

MasterAnanda

The market is set to resume growing, the proof is in the charts. Stratis (STRAXUSDT) was one of the first projects to move strongly after its 7-April low. Here you can see a 150% jump within 10 days.This type of move always reveals two things. The start of the next bullish cycle and the fact that the bottom is in. Both are one and the same.Once the bottom hits, only growth is possible or else the bottom is not in. Once a new bullish cycle starts, then there can't be any new lows so the last low present on the chart must be the bottom.After the initial bullish breakout we get the classic correction, now two months strong. The correction found support at the same level support was found in November 2024.Here is the interesting part. Stratis was one of the first projects to move strong, seeing it getting ready to produce a new bullish wave, reveals that the market is done with its correction and will resolve to produce rising prices. What one does, the rest follows. Some projects move first though.This is the signal. It is still very early of course, but that is the advantage we can enjoy by looking daily at the charts.I will do a short-term trade-signal for this pair.Thank you for reading.Your support is appreciated.Namaste.