CHZ vs USDT bullish wave to $0.2

CHZ looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.

Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.

Retest yellow box to enter and wait for the setup to complete next weeks.

Increase in volume (which is paramount to have a decent size move to any direction) and major Support/Resistance level (orange line) touched on daily time frame (demand zone).

Kommentar:

CHZ back to ORANGE

need to clear 0.145 to be bullish again

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CHZ

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CHZ

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CHZ

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CHZ

let's resume

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CHZ all good

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CHZ

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CHZ 0.12 is the key to send this hard