SpartaBTC

CHZ/USDT Secondary trend. Wedge in the channel. Breakout. 15 11

Long
BINANCE:CHZUSD   Chiliz
Logarithm. Secondary trend (part). A descending wedge (bullish shape) was formed in the descending channel. It is linear on purpose to remove "market noise". There is a breakthrough of its resistance. There is a high probability that the targets will be reached. The coin on the super profit funds, remember this working with it observing the banal risk management.

The price has reached the local dynamic resistance of the internal descending channel. Perhaps there will be consolidation in this zone, then the continuation of the trend development with a high probability.


🐳 From FTX/Alameda wallet sent CHZ 37,735,856 ($2,890,000) to exchanges. The amount is not big at the moment, but still, to sell to large market participants you need to make "general hype", and liquidity. Sending CHZ by alameda as an example.


🐳🗣🐏Already started to publish on some crypto coins positive news accompanying the price. This coin will not be an exception, but they will come up with (positivity, usefulness, cooperation and so on, any flight of fancy...) at high pumping percentages.

Major trend.

CHZ/USD Main trend. Pivot Zones. Published 3 03 2023

15 11 2023


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