This is completely true $CHIP has now broken the main resistance at $0.028 and the momentum has become fully bullish.
Long Trade
Entry: Right now
Take Profits:
1. $0.03
2. $0.031
3. $0.033
Stop Loss: $0.028
$CHIP
Why am I longing it?
Once again on the 1H it is making higher highs. MA50 is also forming a golden cross, which is a bullish signal. Ever since the $0.028 level broke, investors have become fully active.
Whales are also placing only buy orders in the order book now, and the funding rate is in favor of the longers. That’s why all the liquidity is sitting near $0.032, which will get grabbed.
The only chance of a drop is if it fails to make higher highs and gets rejection from $0.03.
According to this momentum, the chances of that are very low.
Risk Management: Use only 1-2% of your wallet. Once the first target is hit, move SL to entry.
Long Trade
Entry: Right now
Take Profits:
1. $0.03
2. $0.031
3. $0.033
Stop Loss: $0.028
$CHIP
Why am I longing it?
Once again on the 1H it is making higher highs. MA50 is also forming a golden cross, which is a bullish signal. Ever since the $0.028 level broke, investors have become fully active.
Whales are also placing only buy orders in the order book now, and the funding rate is in favor of the longers. That’s why all the liquidity is sitting near $0.032, which will get grabbed.
The only chance of a drop is if it fails to make higher highs and gets rejection from $0.03.
According to this momentum, the chances of that are very low.
Risk Management: Use only 1-2% of your wallet. Once the first target is hit, move SL to entry.