CHZUSD Megaphone keeps the price in range. Follow the break-out.

Chiliz (CHZUSD) is rebounding after hitting the bottom (Lower Lows trend-line) of the Megaphone pattern that started on the August 24 High. That was when the former Cup pattern was completed. Until broken either way, it is advised to do scalp trading within the Megaphone.

A break below it targets the 0.08500 Support, while above it targets the 0.5530 -0.6680 Resistance Zone.




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