Hi all. Timeframe 1 week. BARUSDT, the fan token of FC Barcelona, has stopped after a long decline and is trading at increased volumes. It's time to recruit to the spot. Also long during a breakout/retest of a trend line. Marked goals and levels on the chart.
Dear traders,
I will talk not so long in this TA, thank you for reading it!
First of all, i am in love with CHZ in total and also believe in Fan Tokens. I have also made a scientific research on CHZ, but this information did not put a shade on the clear outlook of the market and about the real value of the asset. :)
The price of the token is in general very...
Not a risky setup, it looks like that market is moving money in to soccer tokens now. Which is good sign. PA and TA structure here is almost identical. Looks promising...
BAR volume is increasing slowly - above 3,18 it can run to 4-5 usd.
NOT A FINANCIAL ADVICE? ALWAYS USE STOPLOSS AND MANAGE YOUR RISK
FCB is leading spanish football league, with score 19-1 which is great... yes i like barcelona but in crypto there is no fundament at all... anyway from TA perspective it looks promising - once price get above MA then we can see quite a run.
MANAGE YOUR RISK
NOT FINANCIAL ADVICE
⚡️ #CHZ/USDT - LONG - #SCALP #IDEA⚡️
Risk
- Medium-Low
Entry Conditions:
- Inverse Head & Shoulders Pattern in play
- FC Barcelona To Accelerate Web3 Strategy As Socios.com Invests $100m In Barca Studios
News Source:
- medium.com
Entry: $0.1387
Take Profit 1: $0.1447
Take Profit 2: $0.1532
Stop-Loss: $ 0.1334
I wanted to make it very clear for long term investment chart,
because we all FOMO once upon a time,
now let's buy in the true opportunities areas
and let's sell in the true selling area
Green is good to enter
Red is good to exit
Please trade gradually and carefully !
Expecting a bullish move from this support zone.
So, i decided to Long BAR from this level, with a very tight stop loss.
You can join me if you are ready for the risk
There is an upside potential. Already 6 red months in a row and kinda bottoming pattern is forming now on monthly chart. March could be good for BAR-
NOT A FINANCIAL ADVICE
POSTIN THIS JUST FOR EDUCATIONAL PURPOSES
Barcelona Coin will make big move next days
Bullish divergence (RSI 14) in 4h and 1D frames
if we falled according to btc and dominance moves buy in the green lines supports or buy the breakout
Targets and supports in the chart
Good Luck !!
FC Barcelona Fan Token just broke-out bullish and looks good for a big leg-up after retesting 50MA.
Current Price= 0.0004083
Buy Entry= 0.0004088 - 0.0003936
Take Profit= 0.0004583 | 0.0005324 | 0.0005910
Stop Loss= 0.0003631
Risk/Reward= 1:1.5 | 1:3.44 | 1:4.98
Expected Profit= +14.23% | +32.70% | +47.31%
Possible Loss= -9.50%
Fib. Retracement= 0.382 | 0.618 |...
Bullish news for PSG - Lionel Messi left Barcelona to join PSG. Currently, PSG is on an uptrend since the rumour (or coincident). Currently stuck between support and resistance.
Will this news break the resistance and PSG will be bullish in short term.
This is not financial advice please DYOR
