Hi guys, Here's a quick look at CHZ /USDT 4H chart. As we can see, we break out the resistance level with strong and good volume with bulls as I told in the previous Update We reached my first 3 targets and now we are going to retest 1 of the strongest support level 0.618 FIB we might see a bounce from there 0.59$ level or from 0.56$ level.
We may enter into the Consolidation Phase...
My Targets are:
0.65$ ✅
0.72$ ✅
0.81$✅
0.94$ ☑️ Waiting maybe after retest
Support Levels:
0.618 FIB(0.59$)
Previous resistance turned into support 0.56$ level
0.583$ 25EMA
0.54$ 50 EMA
0.51$ 100 EMA
Those are key supports Right Now 9EMA is working as Support but its a Minor Support Level
Congrats who gained from my analysis <3
Trade Safely
This is not financial advice! Just my idea about CHZ!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.