CSPR Breakout

CSPR/USDT

1D/4H

Broken out of downtrend resistance with high volume breakout and successful retest of outer structure. Respecting the new uptrend with momentum building on MACD.

I would expect to see this run into the daily supply and see a reaction again. I imagine a lot of orders will have been mitigated from that area now but will still contain sell orders as a POI (point of interest). Fib projection of corrective wave takes us up to the second daily supply where the 1.272 fib is.

Looks healthy overall for continuation upwards.


Chart PatternscryptoCryptocurrencycryptotradercryptotradingCSPRcsprlongCSPRUSDTTrend Analysis

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