$CHR - Configuration LONG
Negative funding indicates that short sellers continue to pay to stay in a short position, and that flow is what interests me here. Price remains above the 30-minute exponential moving averages (EMA34/EMA89) within an uptrend structure on the 4-hour timeframe, with a trigger threshold on the 15-minute chart that is starting to form. I’m leaning toward a long position around 0.021, but the signal isn’t quite clear, so I’ll maintain a modest position. If the 15-minute trigger fades and price falls below the 30-minute moving averages, then I was wrong.
Entry: 0.0212 - 0.0214
SL: 0.0206
TP: 0.0221 - 0.0226 - 0.0232
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
Negative funding indicates that short sellers continue to pay to stay in a short position, and that flow is what interests me here. Price remains above the 30-minute exponential moving averages (EMA34/EMA89) within an uptrend structure on the 4-hour timeframe, with a trigger threshold on the 15-minute chart that is starting to form. I’m leaning toward a long position around 0.021, but the signal isn’t quite clear, so I’ll maintain a modest position. If the 15-minute trigger fades and price falls below the 30-minute moving averages, then I was wrong.
Entry: 0.0212 - 0.0214
SL: 0.0206
TP: 0.0221 - 0.0226 - 0.0232
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
