Chz made a vast uptrend in the previous week and that week's candle closed in a bad state and then the following week candle which would end today has retested the weekly resistance level at $0.54. The current pattern formation (ascending triangle) implies a breakdown or breakout of the pattern which have been indicated on the chart with trajectories, price is expected to follow a downtrend to $0.4 or an uptrend to $0.6. A close outside the pattern will raitfy the next price action of chz.
Trajectories of the main s\r levels have been provided on chart. You can drop a line if you've got questions.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Trajectories of the main s\r levels have been provided on chart. You can drop a line if you've got questions.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
