🔥 CHZ 1.5 Year Bull-Flag Break Out
Ever since CHZ topped in March 2021 it has generally been trading bearish. During this period, a bearish channel has appeared on the chart.
As of today, CHZ has presumably successfully broken out of this bearish channel, making it a bull-flag break out.
With BTC on the verge of closing above the 20-week moving average, a classic long-term bearish/bullish indicator, I wouldn't be surprised if we're going to see a lot of altcoin strength over the coming weeks/months.
Targets in blue.
As of today, CHZ has presumably successfully broken out of this bearish channel, making it a bull-flag break out.
With BTC on the verge of closing above the 20-week moving average, a classic long-term bearish/bullish indicator, I wouldn't be surprised if we're going to see a lot of altcoin strength over the coming weeks/months.
Targets in blue.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.