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MonoCoinSignal
Jan 20, 2023 5:22 PM

CHZ has recorded a 15% price drop over the past week 

Chiliz / TetherUSBinance

Description

CHZ has recorded a 15% price drop over the past week, with most of the drop coming from the previous day. After buying support took the price to the $0.1444 resistance range, as this level has seen a lot of reaction in the past and is considered an important supply level, it has caused short-term buyers to save profits. The corrective wave has a high downward slope. Therefore, there is a possibility that the price will enter a time correction. But very important and reliable support is considered in the range of $0.1144, which is located exactly on the midline of the main descending channel. If the price hits this area, we can expect a positive reaction. In this case, there is a possibility that after the correction, we will see another attempt to return the price to the resistance of $0.1144 to $0.1160.
Comments
ProSignalsFx
Cheers!
TopTradingSignals
Yes, thank you!
SignalProvider
Nice chart, mate!
behdark
I read your analysis carefully,it was helpful
JoeChampion
Nice job, keep them coming!
EliteTradingSignals
The idea is great. thanks!
Tolberti
Very well! Thanks for sharing.
ProjectSyndicate
solid chart and neat write-up
HAMED_AZ
Great idea
CryptoCheck-
Great work Mono
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