CHZ/USD Main trend. Pivot Zones.

Updated

Logarithm. Time frame 1 week The main (long-term) trend. The idea is to understand where the price is in the main trend. Reversal zones and key support/resistance levels for work.

This is what it looks like on a line chart.

Secondary trend. Time frame 3 days.

CHZ/USDT Secondary trend

Local trend. Time frame 1 day.

CHZ/USD Local trend. Pivot area.

Note

15 11 2023

Note

CHZ/USDT Secondary trend. Wedge in the channel. Breakout. 15 11

Secondary trend (part). A descending wedge (bullish shape) was formed in the descending channel. It is linear on purpose to remove "market noise". There is a breakthrough of its resistance. There is a high probability that the targets will be reached. The coin on the super profit funds, remember this working with it observing the banal risk management.

Trade closed: target reached

achievement of the second goal of about +150% from the reversal (time of publication of the idea of the secondary trend) and on March 13-16 a reversal for correction. Key levels for the secondary trend are shown with arrows. Remember the crypto wrapper hype for big profits. Use your feet when working.

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