$CHZ

Chiliz / TetherUSBinance

Description

⋅ Sep 8, 2021 9:32 AM

Still holding CHZ.
The only issue I see is ETH.
If ETH continues to follow 2017 fractal, ALTS will see deeper pullbacks in the coming 2 weeks.

I'm planning to close this position around break even to get a better entry in the coming weeks.

Better entry is = the wick of yesterday. I expect these wicks to be taken out on all alts.

Idea invalidated if we reclaim weekly open. That would be an instant buy back for me.

Comment

⋅ Sep 9, 2021 8:57 AM

SAM coins going on a rampage, gonna hold my alts and wait to see if ETH Follows the fractal. Will close at a loss if I have to.

Comments

EssStSt

⋅ Sep 9, 2021 5:03 PM

Any new thoughts here? Holding CHZ too, hoping BTC didnt ruin too much of the uptrend.

Leonacci

⋅ Sep 9, 2021 6:01 PM

@EssStSt, Still expecting the same target end of cycle. Closing above 0.30$ for CHZ on the daily is important. So far so good. Zoom out, the entire market is in a bull trend. This is simply a dip.

PlaceboOwl1111

⋅ Sep 11, 2021 4:19 PM

Guy ripped/stole your analysis above 😂