CHZ has been in a descending wedge for around 3 weeks now following a large breakout. Wait for a breakout of the descending wedge and make sure it finds support on the Fibonacci line before confirming the breakout. From there, we can expect a bullish run for CHZ following news in April about gaming releases and other positive news.
Entry: ~0.565
Stop loss: ~0.51 (Make sure to see ATR at that point of time)
Take profit zone 1: ~0.672
Take profit zone 2: ~0.878 (or hodl)
Entry: ~0.565
Stop loss: ~0.51 (Make sure to see ATR at that point of time)
Take profit zone 1: ~0.672
Take profit zone 2: ~0.878 (or hodl)
Nota
Selling pressure on CHZ is simply too strong right now... will have to wait a while for the breakout.Nota
Giant up candle breakout from the descending wedge (: Now we'll see it can find support at around the $0.52 - $0.53 level to confirm the breakout.Nota
Bounced off the $0.51-$0.52 resistance... back into the wedge. Waiting for next breakout.Nota
CHZ remains in the wedge for a while longer. Will have to wait for a clearer price signal to enter.Nota
CHZ breakout of wedge, now retesting support, would be good to DCA in.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.