Hello Dear friends
If this month's candle closes positively, the situation will be very attractive, isn't it!?!?
On the weekly time frame, is it possible to complete the head and shoulder pattern at the end of the downward trend?
On the daily time frame a bullish overlapping candle has been created for us, the $0.129 support area has been maintained so far.
At the same time we have an LL. Currently, due to the type of movement, we are not in a mindset to see areas above $0.291.
The CHZ token is one of the most important sports fan tokens, which has a high probability of positive fluctuations due to the World Cup.
We would be happy to hear your comments
If this month's candle closes positively, the situation will be very attractive, isn't it!?!?
On the weekly time frame, is it possible to complete the head and shoulder pattern at the end of the downward trend?
On the daily time frame a bullish overlapping candle has been created for us, the $0.129 support area has been maintained so far.
At the same time we have an LL. Currently, due to the type of movement, we are not in a mindset to see areas above $0.291.
The CHZ token is one of the most important sports fan tokens, which has a high probability of positive fluctuations due to the World Cup.
We would be happy to hear your comments
Note
The support areas have been completely consumed, so our mentality is very weak for the price to advance to higher ranges.If the price increases, there is a high probability of reaction to the specified areas, for now, considering the current movement, we do not expect the formation of HH.
Trade active
According to the analysis, we had an increasing trend up to the range of $0.2488, we still expect the formation of a corrective run similar to the drawn scenario.Trade closed: target reached
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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.