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you could take a risk with a larger stop loss here, but, i don't think that's worth it, and definitely not worth getting trapped in during this bear market
was in accumulation, is now trending up, large volume spikes makes me think this is still be bought up (not so subtle accumulation)
. CHATCOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
. There is ...
This looks like a prime setup for an entry based on some clear support on the green zone. Tight stops required as price discovery to new lows could happen if it breaks through the green