⭕️💢Technical analysis for coin $CHIP 📊🚀
After a sharp drop and the formation of a bottom at the 0.03507 levels, we notice a positive change in market structure as price entered a sideways accumulation phase and finally succeeded in breaking out upward. The current price is moving around 0.04946 and appears ready for an upcoming bullish move.
Here are the trade details based on the technical structure movement:
⚡ Confirmation of the bullish move:
A breakout of the 0.052 zone with high trading volume and holding above it will be a strong confirmation of the bullish trend and the continuation of the positive momentum.
📈 Upside targets (Take Profit):
• 1️⃣ First target: 0.05219
• 2️⃣ Second target: 0.05744
• 3️⃣ Third main target: 0.06176
❌ Stop Loss: 0.047 (instant)
$NVDAB $XRP
After a sharp drop and the formation of a bottom at the 0.03507 levels, we notice a positive change in market structure as price entered a sideways accumulation phase and finally succeeded in breaking out upward. The current price is moving around 0.04946 and appears ready for an upcoming bullish move.
Here are the trade details based on the technical structure movement:
⚡ Confirmation of the bullish move:
A breakout of the 0.052 zone with high trading volume and holding above it will be a strong confirmation of the bullish trend and the continuation of the positive momentum.
📈 Upside targets (Take Profit):
• 1️⃣ First target: 0.05219
• 2️⃣ Second target: 0.05744
• 3️⃣ Third main target: 0.06176
❌ Stop Loss: 0.047 (instant)
$NVDAB $XRP