CHESS / TetherUS
Panjang

#CHESS/USDT Breakout Strategy for CHESS/USDT

133
#CHESS

The price is moving within a descending channel on the 4-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 0.06900, representing a strong support point.

For inquiries, please leave a comment.

We are in a consolidation trend above the 100 moving average.

Entry price: 0.07265
First target: 0.07447
Second target: 0.07655
Third target: 0.07940

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.