#CHR
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement.
The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.
There is initial support at 0.01360, acting as a preliminary support zone.
A key support zone (marked in green) exists at 0.01250; the price has bounced off this area multiple times, making it a strong support level.
The price is moving toward the 100-period moving average, which is within close reach; this supports a potential rise.
Entry Price: 0.01530
Target 1: 0.01556
Target 2: 0.01625
Target 3: 0.01696
Stop Loss: At the green support zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement.
The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.
There is initial support at 0.01360, acting as a preliminary support zone.
A key support zone (marked in green) exists at 0.01250; the price has bounced off this area multiple times, making it a strong support level.
The price is moving toward the 100-period moving average, which is within close reach; this supports a potential rise.
Entry Price: 0.01530
Target 1: 0.01556
Target 2: 0.01625
Target 3: 0.01696
Stop Loss: At the green support zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
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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.
📍Trade Smart & Stay Protected⭐️Telegram Channel
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Futures
👉 t.me/CryptoSignalFuturesSpot
Spot
👉 t.me/CryptoSignalsSpotFree
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
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.