Long
Chatcoin Long
Bottomed out, no longer in a downtrend line.
Already had a 19 day accumulation period and volume is increasing rapidly. Tested resistance at 1538 and got rejected but is still accumulating to take it on again.
If it breaks triangle upwards that should confirm an upwards movement. Until then hold tight; market as a whole might be going down because of bitcoin.
1h chart:
Targets (Fibonacci):
1) 1538,
2) 2074,
3) 2451,
4) 2827,
5) 3293,
6) 4045
Already had a 19 day accumulation period and volume is increasing rapidly. Tested resistance at 1538 and got rejected but is still accumulating to take it on again.
If it breaks triangle upwards that should confirm an upwards movement. Until then hold tight; market as a whole might be going down because of bitcoin.
1h chart:
Targets (Fibonacci):
1) 1538,
2) 2074,
3) 2451,
4) 2827,
5) 3293,
6) 4045
Order cancelled
Broke triangle, btc going down, need market to stabilize first.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.