Hi all. Timeframe 1 week. Chia, after falling by more than 85%, is in the accumulation channel with a step of 50%. Stops were taken out in the capitulation zone, after which the price returned to the channel. Depending on your type of trading, the following are relevant: 1) set in spot now 2) trade in the channel 3) long when the channel breaks out/retests. Marked...
HUOBI:XCHUSDT Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Almost 1 year trades in downtrend. ➡️Since June 2021 under 0 lvl by FIB ➡️-0.18 lvl and -0.27 lvl usually works like accumulation zones for long term investments. ➡️...
Chia forming clear cup and handle on daily with volume corresponding to chart pattern, pattern also coincides with start of Chia x Sirus Labs Hackathon on the 9th of August Enter position within the annotated range TP 1 : ~390 TP 2 : ~540 SL : 215
Still short on the Daily but this trend looks to be reversing.