CHZ battle
Updated
- Started correction after reaching ATH at 585
- 0.5 (~440) proved to be a nice support in this descending channel (Great buy zone)
- Need a nice impulse candle to break that downtrend line
Actions:
- Breaking down 436, short
- Breakout trendline (impulse over 500), target 585
Not a trading advice, do your own research
- 0.5 (~440) proved to be a nice support in this descending channel (Great buy zone)
- Need a nice impulse candle to break that downtrend line
Actions:
- Breaking down 436, short
- Breakout trendline (impulse over 500), target 585
Not a trading advice, do your own research
Note
Aparently, the downtrend was broke... i would target 500.Note
We have been rejected at 499, 1 satoshi away from target...But we just made a golden cross... hold tight, i believe we'll see new heights
Trade closed: target reached
As expected, it went to 585 and crushed it...now is sitting on it... waiting for consolidation before acting... what chz will do?If you didn't sold after 585, hold with a stop gain on 550.
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