Chilliz succesfully backtested .236 fib level
Yesterday we saw a price drop in CHZUSDT chart because it backtested its .236 fib level support which turns out successfully.
This is a normal routine as Chilliz always backtest .236 fib level before making a move in the history.
Right now we could see CHZUSDT to reach the price of $0.55 in the short term if BTC don't dump.
This move can be further validate when we sees the MACD forms a bullish cross which right now it hasn't yet.
CHZUSDT is looking good currently.
This is a normal routine as Chilliz always backtest .236 fib level before making a move in the history.
Right now we could see CHZUSDT to reach the price of $0.55 in the short term if BTC don't dump.
This move can be further validate when we sees the MACD forms a bullish cross which right now it hasn't yet.
CHZUSDT is looking good currently.
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