#CHESS
We have a bearish channel pattern on a 1-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.1773 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.1830
The...
#CHESS
We have had a symmetrical bearish channel since July 2022
It was broken by moving average 100 upwards
We are heading to touch the downward trend of the channel as a first goal
Current price 0.1853
Second goal 0.3228
Third goal 0.5094
Which represents 280% of the current price
CHESSUSDT Technical analysis update
The CHESS price has broken its resistance trend line after 675 days of consolidation. We can expect a gradual upmove in CHESS in the coming days.
Buy zone : Below $0.33
Stop loss : $0.245
Regards
Hexa
We've detected both a Bollinger Band breakout and a Super Trend pattern on the CHESS/USDT chart. Both indicators are signaling a bullish trend, with the Bollinger Band indicating a potential bullish trend as the price has moved outside of the upper band and the Super Trend showing a bullish trend. This is a stronger bullish signal as both indicators are aligned....
![CHESSUSDT: #CHESS/USDT [Tranchess]: Super_Trend Bollinger_Breakout](https://s3.tradingview.com/h/hYNapkPI_mid.png "#CHESS/USDT [Tranchess]: Super_Trend Bollinger_Breakout")
