See if we can break above 0.04364-0.04630

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(CHZUSDT 1D chart)
syot kilat
The OBV indicator is showing an upward break above the EMA 2 indicator.

If the price rises above the 0.04364-0.04630 range, it is expected to continue its upward trend.

However, since the price is below the M-Signal indicator on the 1M chart, a quick and quick response is required when trading.

Therefore, if possible, it is recommended to confirm that the price rises above the M-Signal indicator on the 1M chart, providing support, before trading.

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(1M chart)
syot kilat
If the price rises above the M-Signal indicator on the 1M chart, it is highly likely that the price will attempt to rise to around 0.20790.

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Considering the above, for medium- to long-term investment, it is recommended to buy when the price rises above the 0.04364-0.04630 range, providing support.

If you're looking to make a short-term investment, it's best to buy when the price rises above the M-Signal indicator on the 1M chart and shows signs of support.

Buying at a low price doesn't always lead to profits.

This is because some investors may not be able to wait for the price to rise and may give up midway.

Therefore, you should calmly consider your investment horizon for the altcoin you're currently considering.

Your investment size and trading strategy will vary depending on your investment horizon.

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Thank you for reading to the end.
I wish you successful trading.

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Penafian

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