UPDATE: CHZ UP 4777% after bull signal - 350% more to come?
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UPDATE: The price jumped 4777+% after the bullish Supertrend Ninja signal. The Supertrend Ninja also predicted the big Covid drop of 64% in March 2020. Drops of May 2021, June 2021 and Nov 2021. If this is the bottom, CHZ can go another 350% in the next bull run, till USD Dollar sign on the chart, around 1.20 USDT. Although the Supertrend Ninja hasn't given a bull signal as of yet.
It's only a matter of time. Nothing keeps going down forever. Be patient.
Supports and Resistances are highlighted as grey blocks. Next resistance around 0.37 USDT. If we break down here, next support is around 0.20 USDT. Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
UPDATE: The price jumped 4777+% after the bullish Supertrend Ninja signal. The Supertrend Ninja also predicted the big Covid drop of 64% in March 2020. Drops of May 2021, June 2021 and Nov 2021. If this is the bottom, CHZ can go another 350% in the next bull run, till USD Dollar sign on the chart, around 1.20 USDT. Although the Supertrend Ninja hasn't given a bull signal as of yet.
It's only a matter of time. Nothing keeps going down forever. Be patient.
Supports and Resistances are highlighted as grey blocks. Next resistance around 0.37 USDT. If we break down here, next support is around 0.20 USDT. Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Thank you for reading.
Namasté
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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