ðĨHi, friends! Chiliz is in consolidation for more than 100 days. It's enough for the whales to accumulate a lot of coins and start to pump the price.
Now the price fell by -20% after the trap during the trendline breakout. I expect one more local dump after the next attempt to break the trendline.
ð TRADING PLAN FOR CHZ:
1. the trap of the long traders during the next squeeze to the trendline
2. pullback to $0.178-0.182 value area
3. volume growth
4. bullish BTC
ðĐ As you can see, the volume growth during the fall indicates about that the bottom area reached or will be reached soon.
â
THE MAIN TARGETS FOR CHZ:
ðĨ $0.135-0.139 - the value area
ðĨ $0.15 - the even number and key level
ðĨ $0.179 - the local high and the key level
ðŧFriends, press the "boost"ð button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.