Formed a cup and handle, could break to upside or retest support
Updated
Daily RSI and MacD levels are in good shape and ready to go higher.
Hidden bullish divergence on hourly chart since 11th october.
CHZ has a real nice potential as a real world project that could lead the sports crypto token league as the general of them all.
Q4 is looking promising for it as since march it has consolidated and held support on many times.
Thanks for your time and hit a like and follow if this is useful.
Always do your personal research and don't leverage too much.
Happy trading!
Hidden bullish divergence on hourly chart since 11th october.
CHZ has a real nice potential as a real world project that could lead the sports crypto token league as the general of them all.
Q4 is looking promising for it as since march it has consolidated and held support on many times.
Thanks for your time and hit a like and follow if this is useful.
Always do your personal research and don't leverage too much.
Happy trading!
Note
Looks like its going to be retesting support line as drawn in chartNote
But the double bottom pattern is still not invalidated until we brake down below 40. As this could be a bull trap shakeout that happens on double bottoms, it forms a fakeout after it and then drops again to support and then makes the real move to the upside. Lets see. Keep it save and use small leverage at the moment.Stop loss at 35
Note
Tomorrow i will update you on CHZNote
CHZ is slowly but moving upwards to 0.465 to touch the top of the channelNote
Targets reached for the moment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.