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MonoCoinSignal
Dec 8, 2022 12:51 PM

Two reactive support levels! 

Chiliz / TetherUSBinance

Description

The first support that we expect a positive reaction from this level is considered in the range of $0.126 to $0.140.
The second support, located in the $0.105-$0.108 range, can activate many inactive buy orders in this range.
In the 4-hour time frame, the trend is still bearish, and we should wait until the price hits the specified support and forms a positive divergence on the RSI indicator. Also, to complete the reversal signs, you can draw a downtrend line and consider the break of the trend line as a signal for price growth.
Comments
Solldy
The asset should test the levels more for the scenario to be confirmed. Thanks for sharing the vision!
YMGroup
I am totally agree with your chzusdt idea, It's good plan
SwallowPremium
What entry point can you recommend us here?
TheNewsCrypto
Agreed
Clara_trader
That is perfect
mamostaabbas
0.140
ProjectSyndicate
seems logical let's get that target
Lingrid
Good idea!
EliteTradingSignals
Thanks for sharing!
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