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Here's the Analysis of #CHESS :
#CHESS printed the all Time Low this month few days back and expected it to continue so. Currently, price is moving within the long channel pattern and inside that, also a downtrend channel, breaking the trendline showing some sort of bullishness. Also, we have a strong area of resistance around $0.09 - $0.1, where we can attempt for shorts.
#CHESS printed the all Time Low this month few days back and expected it to continue so. Currently, price is moving within the long channel pattern and inside that, also a downtrend channel, breaking the trendline showing some sort of bullishness. Also, we have a strong area of resistance around $0.09 - $0.1, where we can attempt for shorts.
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Here is the analysis of #CHESS:
The price has encountered resistance and is now approaching a support zone that has held for a long time. We will see how it reacts this time. If it breaks below this support, it could lead to a new low. Be sure to wait for some confirmation before making a trade.
Support Zone: $0.0565-$0.0628
The price has encountered resistance and is now approaching a support zone that has held for a long time. We will see how it reacts this time. If it breaks below this support, it could lead to a new low. Be sure to wait for some confirmation before making a trade.
Support Zone: $0.0565-$0.0628
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