#CHR
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary, heading towards a breakout. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone (in green) at 0.01500, which the price has bounced off several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.01330
Target 1: 0.01311
Target 2: 0.01293
Target 3: 0.01267
Stop Loss: At the resistance zone (in green).
Remember this simple rule: Manage your money wisely.
For any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary, heading towards a breakout. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key resistance zone (in green) at 0.01500, which the price has bounced off several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.01330
Target 1: 0.01311
Target 2: 0.01293
Target 3: 0.01267
Stop Loss: At the resistance zone (in green).
Remember this simple rule: Manage your money wisely.
For any questions, please leave a comment.
Thank you.
Trade fechado: objetivo atingido
Target 1: 0.01311 Reached
Target 2: 0.01293 Reached
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+5q-wUc9Nae8wMjRk
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+5q-wUc9Nae8wMjRk
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.