tumbler55

SUPER/USDT Update: Looking at a bullish reversal, 300% recovery

Long
BINANCE:SUPERUSDT   SUPER / TetherUS
SUPER as a newly NFT project shows some volatility.
SUPERFARM is around the corner and good news are coming in.
The downward parallel channel has been broken.
Currently it looks like we found support and even went through the first resistance.
SUPER showed some trouble breaking the second line of resistance but this is just a matter of time.



Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.