CHESS vs USDT ready to breakout

CHESS looks ready for a new bullish wave. Recovered the daily support (orange line) is the key to keep momentum higher.

Retest yellow box to enter and wait the 60% to complete next weeks

Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).

We can buy yellow area according to demand > trading volume > hence previous Price Action.

It looks like the point of interest on lower timeframes

Yorum:

CHESS