CHZUSDT ASCENDING TRIANGLE

7 พ.ย. 2021

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.

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