CHZ to BTC breaking downsloping trendline dating back to Nov 1st
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CHZ to BTC breaking downsloping trendline dating back to november first, reclaiming major emas, set to outperform bitcoin when bitcoin is looking strong. Comparing to btc rather than just the usd provides advantages not seen by most traders, but valuable nonetheless as market makers program their bots around btc pairs as well. Oscillators showing strength here, wyckoffian term "jump across the creek" about to play out here. Remember, you want to enter on the right of downsloping trendlines , as these are areas where downward pressure has been relieved and price action can generate fast and profitable returns.
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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.