XCHANGING BREAKOUTTrendline Breakout .
Cup & Handle pattern visible in Weekly Time Frame.
Massive Volumes.
Good for Short term and Long term .
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Xchangingsolution
XCHUSDT 1W LONG📈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 goals/levels on the chart.
XCHANGING SOLUTIONS AS ON 06.08.2021A FLAG PATTERN is being formed !!
AND IF IT GIVES A BREAKOUT!!
Then can make a good call!!
and a new 52 WEEKS HIGH WILL BE FORMED!!
DO CHECK FOR RSI AND MACD ONCE on the day of breakout!!
STOP LOSS= 105/111
Can give a good call within 2-3 days!!
(THE ABOVE ANAYLSIS IS ONLY FOR STUDY PURPOSE do not take it as any buy or sell call)