luizhcruz

CHZ is in your correction and will be able to pursue such target

Long
BINANCE:CHZUSDT   Chiliz / TetherUS
Technical analysis regarding the price of CHILIZ in relation of dollar Binance for the next scenarios, based on 4 hour movement.

The price has been moving exceptionally in recent periods, due to the announcement of the application of +$50B dollars to boost its cryptography on account of a partnership with the other company that it will sponsor.
In such a way, as nothing is perfect and moves in a linear way in the financial market, the price is effecting its correction.

By projecting Fibonacci, I get the levels from where the price will be able to look, right after stopping its fall.
Price has been forming sharp tops/bottoms and well, it has a very strong movement that will not stop there, as its price boost is just beginning. If everything goes well and this money is invested by using it correctly for crypto projects, then we can have new ATH in the sequence.



disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***

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