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crypto_angelz
Sep 20, 2022 9:12 AM

CHZ - 1H Bearish Divergence Short

Chiliz / TetherUS PERPETUAL CONTRACTBinance

Description

CHZ has been on the rise in the past couple of days before reaching its peak price point of ~0.26. Momentum has been fading together with volume and recently a bearish divergence seems to have surfaced on the RSI and MACD indicators. It would be likely to see a short term price retracement from the lows in area 0.23.

Will try a very risk and short term short, eying 1-3% gain.
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