UnknownUnicorn26369879

Formed a cup and handle, could break to upside or retest support

UnknownUnicorn26369879 Aktualisiert   
BINANCE:CHZUSDT   Chiliz / TetherUS
Daily RSI and MacD levels are in good shape and ready to go higher.
Hidden bullish divergence on hourly chart since 11th october.
CHZ has a real nice potential as a real world project that could lead the sports crypto token league as the general of them all.
Q4 is looking promising for it as since march it has consolidated and held support on many times.

Thanks for your time and hit a like and follow if this is useful.
Always do your personal research and don't leverage too much.
Happy trading!
Kommentar:
Looks like its going to be retesting support line as drawn in chart
Kommentar:
But the double bottom pattern is still not invalidated until we brake down below 40. As this could be a bull trap shakeout that happens on double bottoms, it forms a fakeout after it and then drops again to support and then makes the real move to the upside. Lets see. Keep it save and use small leverage at the moment.
Stop loss at 35
Kommentar:
Tomorrow i will update you on CHZ
Kommentar:
CHZ is slowly but moving upwards to 0.465 to touch the top of the channel
Kommentar:
Targets reached for the moment
Haftungsausschluss

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