I expect CHZ to break through a strong resistance zone.
Hello everyone!
Chiliz is preparing for a breakthrough of the local descending channel. The main resistance factors for the price are currently the descending trend channel, the 200-day moving average (EMA-200), and a strong Fibonacci level of 0.382.
Entry should strictly be made at the Fibonacci level of 0.382.
First target - $0.1135 (+33%)
Second target - $0.139 (+63%)
As I mentioned before, the decline in Bitcoin dominance will provide a good impulse for altcoins to grow.
This is not financial advice; everything you do is at your own risk!
Chiliz is preparing for a breakthrough of the local descending channel. The main resistance factors for the price are currently the descending trend channel, the 200-day moving average (EMA-200), and a strong Fibonacci level of 0.382.
Entry should strictly be made at the Fibonacci level of 0.382.
First target - $0.1135 (+33%)
Second target - $0.139 (+63%)
As I mentioned before, the decline in Bitcoin dominance will provide a good impulse for altcoins to grow.
This is not financial advice; everything you do is at your own risk!
Trade closed: target reached:
All target reached