Tranchess CHESS - 1-year trendline is breaking out!

27 jul 2022

• CHESS is completely ready for a massive uptrend!
  
• A 1-year trendline is breaking out on the LOG scale, which is always nice to see.
  
• Price is printing a local rectangle consolidation (base) and if bulls can reach the top of the pattern, then I expect a huge pump.
  
• If we take a look at the volume indicator, we can see elevated bullish volume, so another great sign here!
  
• The impulse Elliott Wave has been finished and that's why I expect at least a retracement to the upside.
  
• Place your profit target at the start of wave (4).
  
• I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
  
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