Chiliz / Bitcoin
Long

CHZ / BTC Showing Bullish Divergence on Weekly Chart

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CHZ / BTC Showing Bullish Divergence on Weekly Chart!

There are two possible scenarios:
1. If the long term support line breaks it will be perfect opportunity SHORT. Wait for the break before entering.
2. If we break out of descending triangle (green arrow), it's a sign for LONG. Enter after the breakout, to be safe, or now with SL at 40sats, for higher risk/reward. 🚀


Let me guys know what do you think about this idea?

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