CHZ have broken a resistance at 0.4512 and is forming a symmetrical triangle. 50 EMA crossed over 200EMA 7 days ago. These are two bullish indicators suggesting a breakout is coming. In my opinion it should happen in the next couple of days, possibly going to $0.9. If it happens, we may be seeing a new ATH of around $1, and then a pullback will surely happen.
Ideas:
Buy now (0.52), Sell at 0.9
Then, if CHZ reaches $1:
Short at 1, Buy back at 0.7-0.8.
Ideas:
Buy now (0.52), Sell at 0.9
Then, if CHZ reaches $1:
Short at 1, Buy back at 0.7-0.8.