parissap

CHZ parallel channel and trend lines

BINANCE:CHZUSDT.P   Chiliz / TetherUS PERPETUAL CONTRACT
#CHZ/USDT
$CHZ is trading inside parallel channels.

price rejected from upper line of descending channel and now it's at lower line of ascending channel that can act as bearish flag.

🐻 break down from lower line of ascending channel will active bearish flag and price can drop to middle line then maybe lower line of descending channel.

🐮 If bulls success to hold the middle line of descending channel, it is possible that price move upward to touch ascending trend lines around $0.12

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