jimmydef

Time to be careful

BITFINEX:CHZUSD   CHZ / Dollar
Dear friends, I know I know that indicators or TA's are not working on Chz , doge,xrp and many more cryptos. However we can clearly see that Chz was moving in the channel except couple of spikes . So, I will take the guide resistance of the channel .in my opinion it will hit the resistance and go down around %25-30 . Surely this is my own strategy .
Please comment below what do you think and whats your strategy
Thanks

Comments

It looks like we may find resistance at the $0.46 level, we've supported it several times. Hard to believe it hit $0.89 and would go that low again, I think buyers may step up.
+1 Reply
I find momentum indicator more reliable than this one...
Reply
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