Chiliz is now coming out of a classic rounded bottom pattern, which only happens once support is found. Once support is found by a pair it signals that either a reversal is coming or a challenge of resistance before lower. Both scenarios lead to a higher prices, one long-term the other short-term.
➖ As the rounded bottom reversal pattern is completed, CHZBTC is moving weekly above EMA10 and EMA21 with a strong RSI.
These additional signals also support an upward move... And up we go.
We can expect a bullish wave coming from this pair based on the chart.