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marshyyy
Oct 21, 2021 10:20 AM

CSPR - Another breakout! this looks ready to take off! Long

CSPR / Tether USDHTX

Description

CSPR Update

1D/4H Charts

CSPR still looking great, just consolidating in daily demand as its broke out of major downtrend resistance and now also broken out of a symmetrical triangle on the 4H with supporting volume forming higher lows.

MACD looks bullish showing momentum building and close to crossing the centreline for a buy signal.

Looks ready to explode from here and I’m in a trade with entry/stop and take profit levels shown. Increase your stop below daily demand if your conservative, trade is invalidated imo if we create a lower low creating a change of market structure which would hit my stop.

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