Checked CHZ ahead of the weekend and, honestly, it’s not looking too great 😅
A month ago, the coin was at 0.018; now it’s hovering around 0.0155. But here’s what’s interesting — the 0.01535 level has fended off the bears three times already. The buyers are still alive there.
My plan is simple: if it drops back to 0.0154, I’ll carefully go long, with a tight stop below 0.0152. The target is a return to 0.0157, and then we’ll see. If it breaks below 0.01535 on volume, I won’t try to catch a falling knife — I’ll sit it out.
The main thing is, don’t forget this is an altcoin. One sneeze from BTC and CHZ moves twice as fast as the market 😄
Who else has CHZ on their watchlist? What do you think of this support level?
#CHZ #CHİLİZ #cryptotrading #altcoins #BinanceSquare
A month ago, the coin was at 0.018; now it’s hovering around 0.0155. But here’s what’s interesting — the 0.01535 level has fended off the bears three times already. The buyers are still alive there.
My plan is simple: if it drops back to 0.0154, I’ll carefully go long, with a tight stop below 0.0152. The target is a return to 0.0157, and then we’ll see. If it breaks below 0.01535 on volume, I won’t try to catch a falling knife — I’ll sit it out.
The main thing is, don’t forget this is an altcoin. One sneeze from BTC and CHZ moves twice as fast as the market 😄
Who else has CHZ on their watchlist? What do you think of this support level?
#CHZ #CHİLİZ #cryptotrading #altcoins #BinanceSquare