$CHIP Long Setup ( Conditional ) 💸🚀
⛔ Entry: pullback to 0.0435-0.0445 that holds, or a breakout close above 0.0460.
📍 Stop Loss: below 0.0335 for a swing, or below 0.0425 for a tighter breakout entry.
Targets: 0.0622, then 0.0883
Reward:risk is about 1.7R to the first target and 4R to the second on the swing version. The tighter breakout version is about 4R to 0.0622, but the stop is small for a coin this volatile.
#chip $BTC
⛔ Entry: pullback to 0.0435-0.0445 that holds, or a breakout close above 0.0460.
📍 Stop Loss: below 0.0335 for a swing, or below 0.0425 for a tighter breakout entry.
Targets: 0.0622, then 0.0883
Reward:risk is about 1.7R to the first target and 4R to the second on the swing version. The tighter breakout version is about 4R to 0.0622, but the stop is small for a coin this volatile.
#chip $BTC
