TradingView
majorlee
Dec 3, 2021 6:51 PM

SwissBorg's Token CHSB - the new CRO? CHSB/USD Long

Description

A quick look at where Swissborgs token could be going next

I'm expecting all the platforms such as Crypto.com's native token CRO to start rocketing as researchers and speculators look towards other platforms offering similar services


We can see the price recently respecting the fib levels and expect much accumulation as people gather cheap tokens to get the best rewards

Also slightly visible is a cup and handle formation, which is usually a bullish continuation pattern, but it's coming off the floor so not too keen on this loose pattern yet certainly would add more towards a bullish price action in the coming weeks to months


------FREEBIES BELOW--------


Get your freebies by clicking the link and help support my future charting :)
Comments
DanzoLion
CHSB : agree with your analysis, also coming off extreme highs and consolidation at around these lower levels for a few months before returning positive for the yr overall
majorlee
@DanzoLion, thanks for the feedback and comment
DanzoLion
@majorlee, no hassle - it’s definitely an investment token, one that needs more data to monitor inflection points, and based on the extreme movements I expect a levelling then move upwards in the accumulation phase as you suggested, just monitoring for the next start of the next movement
max69
Nice work. In my opinion any token that continues to add users to it's platform will be a winner in the long run.
More