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.
Xchlong
XCH accumulation zones and targets HUOBI:XCHUSDT
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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.
➡️ Mood on market in disbelief zone
➡️ On indicator you see green zones where big players buying CHIA
➡️ Fundamental price where will be the best time to buy around 38-40$ per XCH if BTC will drop to 30K once again
➡️ IF not and from current correction BTC going to new ATH, everything under -0.18 lvl by fib on XCH is good enter point now
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