CHZ has been performing exceptionally well! No one can deny that.
But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey.
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual and inevitable massive rally break out!!
P.S, forgive the repost. the mobile version is wonky at best. i wont be messing around with that again.
But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey.
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual and inevitable massive rally break out!!
P.S, forgive the repost. the mobile version is wonky at best. i wont be messing around with that again.
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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.