CSPRUSDT | MT Long H4 | Casper Network
Pair: 
CSPRUSDT
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on H4 time-frame
- Price action is close to bottom of a Parallel Channel
- Price is entering a Demand Zone (Yellow area @ Current rice)
- Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just before Supply Zone)
Fundamental Confluences for Trade:
- Nothing much to talk about Crpyto fundamentals, too many tokens to look at and just look at it as a trading pair with liquidity
Suggested Trade:
Entry @ Area of Interest 0.02700 - 0.03230
SL @ 0.0246
TP 1 @ 0.0389 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.0453
Risk-to-Reward @ Approx. 2.51 (Depending on Entry Level)
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Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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CSPRUSDT Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on H4 time-frame
- Price action is close to bottom of a Parallel Channel
- Price is entering a Demand Zone (Yellow area @ Current rice)
- Aiming for the next two Supply Zones (TP 1 @ Blue Horizontal Line & TP 2 just before Supply Zone)
Fundamental Confluences for Trade:
- Nothing much to talk about Crpyto fundamentals, too many tokens to look at and just look at it as a trading pair with liquidity
Suggested Trade:
Entry @ Area of Interest 0.02700 - 0.03230
SL @ 0.0246
TP 1 @ 0.0389 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.0453
Risk-to-Reward @ Approx. 2.51 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
Disclaimer: The personal opinion above does not constitute as an investment advice. Any decisions taken based on the above opinion is purely at your own risks. DYOR.
Disclaimer
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