CHESS : THIS CAN BE THE NEXT HIGH INCREASE COINChess coin is a cryptocurrency that is not currently among the top 100 coins in terms of market capitalization. As with any cryptocurrency, investing in Chess coin carries a certain amount of risk. However, recent price action has shown that this coin may have potential high rewards also. For the first time since June 26, 2022, Chess coin has shown a pattern that suggests it may be at the start point of a breakout. As a result, it is worth watching to see how the coin performs in the coming days. As always, it is important to do your own research and to trade safely when investing in cryptocurrencies.
The price of chess seems now stable, when prices already increased most of the time it's not more interesting to watch for day trading low time frame.
Chess made an important cross, we will see if this cross will get confirmed and enter a breakout.
If you are a day trader, use always SL, hopping on a coin or no SL ends most time in a high minus trade.
Normally when you check the price action it would be not interesting to trade it, since the cross happened on it, and also other TA reasons, which makes it interesting for a breakout.
Depending on the market study it's possible that this coin can show a high increase in view coming time as the chart shows.
CHESSUSDT.P trade ideas
Tranchess CHESS - 1-year trendline is breaking out!
CHESS is completely ready for a massive uptrend!
A 1-year trendline is breaking out on the LOG scale, which is always nice to see.
Price is printing a local rectangle consolidation (base) and if bulls can reach the top of the pattern, then I expect a huge pump.
If we take a look at the volume indicator, we can see elevated bullish volume, so another great sign here!
The impulse Elliott Wave has been finished and that's why I expect at least a retracement to the upside.
Place your profit target at the start of wave (4).
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
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Tranchess (CHESS) formed a bullish Gartley for upto 40% pumpHi, dear friends hope you are well and welcome to the new trade setup of Tranchess (CHESS) token.
On a 2-hr time frame, CHESS has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CHESS/USDT Spot buyHey Colleagues,
We came back to CHESS/USDT. we see a great opportunity for this coin to launch soon as we have seen many attempts to breakout from this bearish trend we had on daily chart. Not much to say here.
Targets: $0.33-$0.50
Stop is must if we close 4hr below $0.23
Let's see where we go from here))
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CHESS/USDT has a nice setup formed!Hey,
Let's talk about CHESS coin. We see a good opportunity for it to break out of that sideways path. We are setting our buying zones in the red zone and our first target is going to be $0.5 and second one $0.71. One confirmation that we use is our BB indicator which shows big volume on upper side of the line where it is trying to break through.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Optimistic about CHESSI believe a 100% pump is around the corner here in Chess. Bullish divergences on almost every timeframe. Either hidden or actual divergence.
It's been a channel for more than 2 months and has always had a pump or two on the way as its been laying on the lower trendline.
Keep an eye on it, 100% from here.
CHESS/USDT 4HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick CHESS /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-CHESS/USDT cup and handle create look bullish trend and BUY the green zone wait for entry
Entry:-buy the green zone
Traget:-40% TO 50%
Stop loss:- $1.078
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
Finally Tranchess (CHESS) Broke Out Key Resistance For Big PumpHi friends, hope you are well and welcome to the new update on Tranchess (CHESS) token
Triangle and key resistance:
On a daily time frame, since Oct 2021 the priceline of Chess was moving in a triangle. Finally, the priceline broke out the resistance of this triangle after more than 2 months. There was also a key resistance at $2.15 and Chess has also broken out this resistance as well. Now $2.15 can turn into strong support and there is a possibility that the priceline may re-test this resistance as support for the next move. Once this retest will be successful then a long-term bull run can be started. There will be upcoming resistance levels at $3.90 and $8.17. We can also set our sell targets according to these resistance levels as well.
Bullish Gartley move:
On a daily time frame, CHESS has also formed a bullish Gartley pattern.
In order to trade this Gartley pattern the targets can be as below:
Buy between: $2.676 to $1.744
Sell between: $3.984 to $5.367
Stop loss:
Stop loss can be set below the maximum extent of buying zone which is $1.744
Possible profit and loss ratio:
As per the above targets, this trade has a huge profit possibility of up to 207% and a high loss possibility is 35%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
CHESSUSDT is ranging between Daily StructuresCHESSUSDT is ranging between daily structures. IF the price is going g to have a breakout from the daily resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.