Respectfully and greetings to all dear traders,
today I have presented an analysis of the digital currency Chiliz for you. In the weekly analysis, it can be seen that this currency has shown strong bullish signs. However, in the daily timeframe, a corrective CHoCH is observed, which is likely for liquidity extraction in the order block (extremum). This could potentially guide the currency towards a stronger upward trend and bring significant profits for you.
Therefore, in the daily analysis, we are in a downward trend to reach the desired price for buyers of this currency. If there are any ambiguities, please leave a comment so that I can provide further explanations. The chart of this analysis is very simple and understandable. With respect.
#Smart money concept
#Liquidity
#Hunter
today I have presented an analysis of the digital currency Chiliz for you. In the weekly analysis, it can be seen that this currency has shown strong bullish signs. However, in the daily timeframe, a corrective CHoCH is observed, which is likely for liquidity extraction in the order block (extremum). This could potentially guide the currency towards a stronger upward trend and bring significant profits for you.
Therefore, in the daily analysis, we are in a downward trend to reach the desired price for buyers of this currency. If there are any ambiguities, please leave a comment so that I can provide further explanations. The chart of this analysis is very simple and understandable. With respect.
#Smart money concept
#Liquidity
#Hunter