š LONG $CHIP
š° Entry: 0.04619
š” Stop-loss: 0.04537 (ā1.8%)
šÆ Take-profit: 0.04783 ā 0.05029
š A bullish engulfing candle just swallowed the prior red bar right at EMA20 ā pullback is over, buyers reclaimed control of CHIP.
ā¢ EMA stack fully bullish with a 3.2% spread ā trend structure is clean and directional
ā¢ Pullback bottomed within 0.9% of EMA20 ā textbook shallow retracement into support
ā¢ Engulfing candle printed a 0.49 ATR range, taking out sellers at the swing low
ā¢ Real-time taker flow shows a 36% buy-side imbalance with positive OBI confirming demand
ā¢ 4H, 1D and Elliott structure all aligned long with favorable R:R and a tight swing stop
ā Score 74.7/100 ā ā ā ā ā
Wait for the engulfing candle to close holding above EMA20, then scale in with a stop under the fresh swing low.
š¬ Long $CHIP too, or taking the other side? Drop your call below.
$BTC #CHIPUSDT #Long #TradingSignals
š Follow for hourly setups.
š° Entry: 0.04619
š” Stop-loss: 0.04537 (ā1.8%)
šÆ Take-profit: 0.04783 ā 0.05029
š A bullish engulfing candle just swallowed the prior red bar right at EMA20 ā pullback is over, buyers reclaimed control of CHIP.
ā¢ EMA stack fully bullish with a 3.2% spread ā trend structure is clean and directional
ā¢ Pullback bottomed within 0.9% of EMA20 ā textbook shallow retracement into support
ā¢ Engulfing candle printed a 0.49 ATR range, taking out sellers at the swing low
ā¢ Real-time taker flow shows a 36% buy-side imbalance with positive OBI confirming demand
ā¢ 4H, 1D and Elliott structure all aligned long with favorable R:R and a tight swing stop
ā Score 74.7/100 ā ā ā ā ā
Wait for the engulfing candle to close holding above EMA20, then scale in with a stop under the fresh swing low.
š¬ Long $CHIP too, or taking the other side? Drop your call below.
$BTC #CHIPUSDT #Long #TradingSignals
š Follow for hourly setups.