ChatCoin (CHAT) is starting to show some good trading volume on Binance. After playing around with the oversold line on the RSI, daily timeframe, CHAT bounced strong.
Now breaking through several different resistance levels, ChatCoin is giving out buy signals. Let's trade this coin, short and long term, to make a nice profit in the weeks to come.
ChatCoin (CHAT) Long Trade by Alan Masters
CHART, SIGNALS & INDICATORS
- You can see the long retrace and then the price flatting out. - Strong bullish divergence on the MACD. Plus bullish crossover. - Confirmed breakout on the 4h chart. - RSI, DMI and STOCH are all trending up, looking to enter the bullish zone yet still showing plenty of room available for growth. - Early bird gets the worm. Enjoy the trade...
We simply wait and sell on target. You can sell anytime you like at any target, this is easy as long as you are in profits... For most the hard part is waiting... Acquiring patience.