Chainbase (CUSDT) flipped EMA89 in late March and has been trading above this level since, once resistance now turned support.
We've been looking at many projects that are accumulating at very low prices, near their all-time low and this we consider a desirable situation, we read these charts as bullish. You know I call it the "extreme opportunity buy-zone."
The problem with accumulation at bottom prices are few but significant. A project can continue to consolidate for longer than we are able or happy to wait; or, prices can end up moving even lower and this can be enervating for some. Paper losses but still bothersome.
When consolidation is happening at low prices yet above support, we have a completely different story, just like CUSDT right now. When the chart looks like this, an advance can result in the establishment of a new uptrend right away.
For example: Below support, the first move challenges resistance and then breaks it, but now the market is sideways. Above support, a new advance immediately starts a sequence of higher highs and higher lows. This is how CUSDT can be considered "highly profitable." When the next move shows up, it can be followed by straight up.
This is a good chart. Huge potential for growth.
Namaste.
We've been looking at many projects that are accumulating at very low prices, near their all-time low and this we consider a desirable situation, we read these charts as bullish. You know I call it the "extreme opportunity buy-zone."
The problem with accumulation at bottom prices are few but significant. A project can continue to consolidate for longer than we are able or happy to wait; or, prices can end up moving even lower and this can be enervating for some. Paper losses but still bothersome.
When consolidation is happening at low prices yet above support, we have a completely different story, just like CUSDT right now. When the chart looks like this, an advance can result in the establishment of a new uptrend right away.
For example: Below support, the first move challenges resistance and then breaks it, but now the market is sideways. Above support, a new advance immediately starts a sequence of higher highs and higher lows. This is how CUSDT can be considered "highly profitable." When the next move shows up, it can be followed by straight up.
This is a good chart. Huge potential for growth.
Namaste.
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🔥 Get the FULL (4-in-1) PREMIUM PACKAGE 👇
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.