Hello everyone, let's look at the 1W CHZ to USDT chart as you can see that the price is moving above the local uptrend line.

Let's start by setting goals for the near future that we can take into account:
T1 = $0.208
T2 = $0.237
T3 = $0.279
T4 = $0.335
and
T5 = $0.488

Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.192
SL2 = $0.163
and
SL3 = $0.103

Looking at the CHOP indicator, we see that on the 1W interval, I have a lot of energy for subsequent moves, and the MACD indicator indicates that we are in a downtrend.
1wchartCHZCHZUSDTfibonaccianalysisFibonacci ExtensionFibonacci RetracementfibonnacciFundamental AnalysisTechnical IndicatorsstoplosstargetsTrend Analysis

Penafian