CHZ/BTC
CHZ is looking bullish as the price broke outside the trend-line of resistance after finding support at the previous Higher Low at 100 sats area.
If CHZ can hold this price level for a couple of days and bounces at the immediate support area.
I expect further upside action up to the 0.5 Fib level before it will decide to continue Higher High or come back retest Swing Low.
CHZ is looking bullish as the price broke outside the trend-line of resistance after finding support at the previous Higher Low at 100 sats area.
If CHZ can hold this price level for a couple of days and bounces at the immediate support area.
I expect further upside action up to the 0.5 Fib level before it will decide to continue Higher High or come back retest Swing Low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.