#CHESS/USDT Breakout Strategy for CHESS/USDT#CHESS
The price is moving within a descending channel on the 4-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area
#CHESS/USDT#CHESS
The price is moving within an ascending channel on the 1-hour frame, adhering well to it, and is on track to break it strongly upwards and retest it.
We have support from the lower boundary of the ascending channel, at 0.0651.
We have a downtrend on the RSI indicator that is about to break
CHESS / USDT : Breaking out with strong potentialCHESS/USDT has successfully broken out of its symmetrical trendline on the 12H chart. A clean breakout like this, after prolonged consolidation, often signals the start of a strong trend.
If this breakout sustains with volume, the next leg could push price 20–30% higher toward the $0.10 zone.
Alwa
CHESSUSDT Forming Bullish PennantCHESSUSDT is showing a bullish pennant pattern on the daily chart, a strong continuation formation that often appears after a significant upward move. This setup reflects a short consolidation period where price action tightens between converging trendlines, indicating a potential breakout to the up
CHESSUSDT Bouncing from Broadening Wedge SupportBINANCE:CHESSUSDT has been trading inside a broadening wedge pattern for the past 1,150 days, showing long-term consolidation. The price recently bounced from the lower support of the wedge with rising volume, a potential sign of a bullish reversal.
If momentum continues, CHESS could move toward th
Ultimate Breakout Strategy for CHESS/USDT
The CHESS/USDT chart is currently consolidating in a symmetrical triangle pattern, signaling that a breakout could be imminent. As the price squeezes within converging trendlines, the next move is critical. Will the price push higher or drop lower? Let’s take a closer look at the potential setups.
#CHESS/USDT – Breakout Confirmed ?#CHESS
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel. This support is at 0.0655.
We have a downtrend on the RSI indica
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy