Price: 0.03725 | EMA7: 0.04 | EMA25: 0.04 | RSI14: 65.5 | Resistance: 0.03733 | Support: 0.03557 | Average Volume: 491334.29 | Volume Trend: Decreasing
Based on the provided technical analysis for CHZUSDT with a 15-minute timeframe, here is my response:
1. Best long entry price: Look for a buy signal when the price crosses above the EMA25 and RSI14 enters oversold territory (below 30).
2. Best short entry price: Sell when the price breaks below support at 0.03557.
For short-term trading (15 minutes):
1. Long Entry Strategy:
a. Buy Close to EMA25 crossing up
b. Conditions: Expect that the 7-day EMA (EMA7) moves above the 25-day EMA (EMA25) signaling a bullish momentum. In the meantime, the RSI (60 in your analysis) enters oversold territory around 30.
2. Short Entry Strategy:
a. Sell Close to break below support Close: 0.03557
Keep in mind that these entry points are just recommendations, so it is essential to consider additional factors like trend direction, volume, and news events before making a trading decision. Always practice risk management and make sure to set stop-losses to protect your investments.