N0ST0PL0SS

Chilliz// Break & Re-test

N0ST0PL0SS Updated   
BINANCE:CHZUSDT   Chiliz / TetherUS
Looking on the 4H, price has broken and closed above an area of resistance. When this happens it is expected that price must then retest the broken structure to continue up...or fall back into the zone which would then be a false breakout.

If the next few candles can close above this level showing some price rejection, this may be an indication of a possible leg up. Creating new ATHs.
Trade closed: target reached:
Letting 25% Float
Comment:
Letting 13% Float

These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.