SUPERUSDT Cup & Handle | Breakout & Retest | Bullish NowSUPERUSDT Cup & Handle | Break & Retest | Bullish Now
SUPERUSDT after making Cup & Handle completed a Break & Retest. It has formed a Hammer Candle while testing the broken zone. We have opened a Buy Trade from here.
Entry: 0.783
TP1: 0.833
TP2: 0.881
TP3: 0.959
SL: 0.770 | 1.66% Loss Only
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. RESPECT YOUR STOP LOSS. DO NOT USE MORE THAN 10% RISK OF YOUR ACCOUNT.
SUPERUSDT
SUPER/USDT Back on track. Whopping 1000% for new ATH.I will try to play around with different chart types and charting styles.
Please tell me what you like or dislike and why.
Thank you very much for your time.
SUPER made it back into the violet cone together with another volume increase.
There was a retest of the 0.38 line which probably did trigger some stop/loss as well.
However, we did get a strong bounce which indicates that we will move higher from here.
On the left hand side you can see the massive downfall of SUPER since its launch on Binance.
The volume however did increase massively during the last 30 days which is a great reversal sign.
Additionally the 50MA is above the 200MA and due to the current recovery this seems to remain the case.
For a new ATH we have to gain 1000% so fasten your seatbelts and enjoy the ride.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
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SUPER/USDT Volume increase starts to push the price upSUPER is the currency for the game Superfarm (where NFT's can be collected and used) created from Ellio Trades (Youtube).
Since the launch on Binance SUPER dropped hard after a starting rally.
Currently it looks like we get a trend reversal which is not confirmed yet.
The RSI is around 40 and looks like we can expect a parabolic recovery there.
We spot a recent 50MA and 200MA cross where finally the 50MA is on top again.
SUPER currently is within a rising channel with higher highs and higher lows.
Volume increases over time which indicates rising interest.
All these things are early signs that give us the impression we finally get a recovery.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SUPER/USDT Healthy recovery for 5x move?Superfarm with its native token SUPER did bleed during this market dips.
It looks like we get a trend reversal.
We already broke the first upper resistance line.
If we get back to the previous ATH we could see a 5x from here.
The volume is increasing which is a bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SUPER/USDT Update: Looking at a bullish reversal, 300% recoverySUPER as a newly NFT project shows some volatility.
SUPERFARM is around the corner and good news are coming in.
The downward parallel channel has been broken.
Currently it looks like we found support and even went through the first resistance.
SUPER showed some trouble breaking the second line of resistance but this is just a matter of time.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SUPERUSDTthis alt was in the dip from its start of listing in Binance! but there is a simple thing that almost no one notice that there is a clean break and pull back happened in the chart and we can go for the new records after the pump
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SUPER/USDT Update: The channel closes. Recovery on its waySUPER as an NFT project had a hard time after its first peak at Binance.
The Superverse game did not even get launched yet and all this price scenarios are merely speculation yet.
Once we see more about the game we expect a big recovery.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SUPER/USDT Update: Looking for an upwards breakout to get 100%SUPER as one of the more promising NFT projects is still struggeling with a short term downtrend.
We look for a breakout of the purple line to get a clean recovery.
If we can recover here we look at a double bottom.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.