CSPR/USDT Potential Short ?CSPR/USDT is in a very nice spot for short potential.
Casper has broken below its local support and is currently retesting this support....
CSPR is also on a demand zone that if broken below can go to $0.0749 which is my target if this demand zone is broken!
As always look for high volume plays and strong price action before entering a trade.
Comment if you have any questions or if you agree/disagree!
This is not financial advice trade at your own risk.
CSPRUSDT.P trade ideas
CSPR near bottomCSPR is a big project out of Coinlist which has dropped massively as most tend to. A lot of tokens have apparently been released recently which makes sense against this chart.
That being said, falling wedge patterns tend to be good reversal patterns and that massive sell volume could have been capitulation.
All depends on BTC, but I could see one more low coming in, but a nice divergence being printed on the RSI which could lead to the proper break out of the wedge.
CSPRUsdtthis is not pro idea pls first check others idea :::))0
now so bottom after BTC down have chanse for back and got 28% profit is close and easy
but should wait on support point buying
Support :
0.1248(interPoint)
0.1152(SEC InterPoint)
0.1080
Resisdance :
0.1503
(canuse for first target but when break this can going too target up)
Taregts :
0.1713
0.2194
0.2670
0.3112
0.3466
middle time Targets (not BTC again Fall) :
0.3970
0.4411
0.5400
Long Time Targets :
0.7990
0.9794
1.3118
2.2723
3.3588
4.1214
5.5202
GL
CSPR : Casper trend line breakCasper is one of the recent Coinlist projects which tend to do quite well.
Won't get into all the fundamentals as it's basically a fast blockchain that will scale for business. It's a coinlist project so fundamentals and backers are usually quite solid with these (ie FLOW, ALGO, SOL)
As the project is new, not much info to chart off of, but for now, we've hit a nice support level and broken a long running downtrend.
The rest, I leave up to almight BTC