I expect CHZ to break through a strong resistance zone.

Updated
Hello everyone!

Chiliz is preparing for a breakthrough of the local descending channel. The main resistance factors for the price are currently the descending trend channel, the 200-day moving average (EMA-200), and a strong Fibonacci level of 0.382.

Entry should strictly be made at the Fibonacci level of 0.382.

First target - $0.1135 (+33%)
Second target - $0.139 (+63%)

As I mentioned before, the decline in Bitcoin dominance will provide a good impulse for altcoins to grow.

This is not financial advice; everything you do is at your own risk!
Trade closed: target reached
All target reached
CHZchzlongCHZUSDCHZUSDTchzusdtanalysischzusdtlongFibonacciTrend Lines

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