STRAX/TRY (Stratis/Turkish Lira) Chart Analysis

1. Price Movement:

- The price has been trading within a descending triangle pattern since January 2022.

- Recently, the descending triangle was broken strongly, powered by the Exponential Moving Average (EMA) 100.

- **Current Price:** Around 1.277 TRY

- **Expected Correction:** Approximately 1.06 TRY before further growth.

#. Technical Indicators:

- RSI (Relative Strength Index): Neutral

- Stochastic Indicator: Neutral

- Moving Averages (SMA and EMA): Mixed signals

- Remember, technical analysis isn't investment advice—always conduct thorough research.

Keep an eye on market conditions, and happy trading! 🚀📈

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