Greetings,
CHIA new coin, almost no trading history, not on binance yet, but there are on other top exchanges, the project is interesting I will accompany the price if possible, serious guys have invested in this project.
At the moment, the downtrend is leveling off, there is a possibility of forming a "concave bottom", potential targets (resistance zones) and...
If the price breaks the resistance levels i think XCH can reach 1885 by the end of the week, thought reinforced by the momentum, the low selling volume and the fact that in no time Huboi will allow trading
Holding pretty steady above 1025 and ranging between 1200 and 1025. Strong support at ~1000.
Get Chia here at www.gate.io
Looking forward to it to be listed at major exchanges like Binance and CoinBase.
Disclaimer: Trade at your own risk.
If it breaks the trend line and stabilizes, it will enter the pullback and the goal will be the previous ceiling
If the ceiling breaks, continuing the path drawn in the chart can be the movement of this currency
Adjusted lower trend line for better fit. Retesting the lower boundary. If it breaks out to the upside we will see it in the next few days. Remember, pennant patterns are a 100% chance of uptrend. More like 70-80%. I still think this will break bullish., but this could see lower levels before rising again. Just means we can get in at even cheaper prices. Chia to the moon
$XCH - 1st trading week #Chia is still in a price fixing stage. The current breakout activated the next price target at $1069. However, we must first expect a pullback. Before we attack the price target with increasing volume and develop new bullish momentum.
