🐕 $1000CHEEMS : Return of the Bulls!
The chart clearly shows that bullish momentum has returned. The correction phase is over, and now buyers have taken control of the market.
Why is this Long Trade Attractive?
MA Crossover: The price has broken out upwards after leaving MA 25 and MA 99 behind. When the price trades above these averages, the trend is always strong.
Strong Recovery: The way large green candles are forming indicates that the volume is very high and people are buying the dip.
Target Resistance: The next big target is the upper blue line (0.000568). If the momentum continues like this, breaking the old high won't be a big deal.
If you are looking for an entry, the level of 0.000500 is a good support zone. The trend is your friend, just don't forget to set your Stop Loss!
#CheemsArmy #CryptoTrading #BullishSignal $1000CHEEMS
