CHZ below weekly channel

#CHZ/USDT
CHZ is below the middle line of a huge descending channel.
also, price is still above support zone which is shaped by 2 previous lows.

🐮if price holds this support and succeeds to break out from middle line of channel we can be hopeful that price continue the strong rally toward upper lone of channel.

🐻 and if price break down from support zone, next suopprt is between $0.13 and $0.11.
Chart PatternschillizCHZchzanalysisCHZUSDTcryptoCryptocurrencyParallel ChannelparallelchannelsSupport and Resistancesupportandresistancezones

Also on:

Related publications

Disclaimer