Chartist: Kyle

(For the chart screenshot, click here.)

Prices are grinding up setting in a CHOC, reclaiming support and searching for its higher low, with negative deltas printing as short interest increases. This often leads to a squeeze as macro markets trend higher. Price is currently finding support at the 21, 50, and 200 daily EMAs. We're looking for a close above the 200 EMA for entry confirmation.

• Entry: $0.0000082

• Take Profit (TP):

  • TP1: $0.00000946

  • TP2: $0.000011

  • TP3: $0.0000125

• Stop Loss: $0.0000075 (daily close)

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