CHZ is very close to the apex of a asymetrical triangle, technical indicators don't show particular signs but the pattern is clear. EMA 200 (not shown here) is over the chart at 1h but this is normal.
BTC is currently dragging the market down but in the last 32h it seems candlesticks are into a mini channel, so there's a move coming. I think this will go up. Right now even ICX is pumping against market dump, why CHZ can't do it? Should it break upward as I expect, ichimoku cloud shows it'll encounter a resistance zone so don't expect a pump which will go straight up
If you're looking for an entry point here is perfect, it's close to support zone, use 0.4514 as stop loss price.
BTC is currently dragging the market down but in the last 32h it seems candlesticks are into a mini channel, so there's a move coming. I think this will go up. Right now even ICX is pumping against market dump, why CHZ can't do it? Should it break upward as I expect, ichimoku cloud shows it'll encounter a resistance zone so don't expect a pump which will go straight up
If you're looking for an entry point here is perfect, it's close to support zone, use 0.4514 as stop loss price.
Comment:
if the bottom of the triangle doesn't hold we go down to 0.40
Comment:
ok, the last minute breakouts are not the best you can hope for but I see no resistances up to 0.57USDT. At 1h ADX+DI and ichimoku are favorable to a price rise. too. If you held before keep holding and set a stop loss.
Comment:
It's going up, +8%. Keep holding!