SaeedSalehinia

Chiliz

Long
SaeedSalehinia Updated   
BINANCE:CHZUSD   Chiliz
In relation to technical analysis, Chiliz is awesome in a weird a way! First, consolidating in a triangular/boat like zone, then bursting upward. Next, enter a corrective phase in a downtrend channel. Could it burst again upward reaching Fib level 1 making ABC pattern in which A=C? Only time will tell. Let's see what happens.

P.S. the middle of the triangular consolidation zone is selected as the start point of Fibonacci extension.
Comment:

Chiliz broke the downtrend line and is going toward the channel's upper line. Let's see what happens.
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