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Jul 22, 2021 4:27 PM

$CHZ/USDT 3D (Binance Spot) Bullish pennant on support Long

Chiliz / TetherUSBinance

Description

Chiliz is holding strong, time for a bounce.

RR= 1:3
P= +72.45%
L= -24.19%

Trade closed: target reached

TP1 reached with up to +61.78% (1x) and +2.6R

Chiliz is growing back nicely as planned, original target was missed by 0.01077$ so we adjusted it.
Under 50MA resistance right now, we expect a possible pull-back from here, then more up-trend so the new 2nd target!

Trade closed: target reached

TP2 reached with +100.35% (1x) and +4.5R

Chiliz hit target in KuCoin, missed by 0.0005$ in Binance for now but will probably go for it later.
Since 50MA is regained, revisiting upper-line of the big pennant is likely, maybe even break it targeting Fib 0.786 (0.6497$).

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