CHZ/USDT: Strong bullish momentum on going

---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------

CHZ/USDT: Strong bullish momentum on going

Context
- The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - CHZ is one of the coin outperforming the ETH
- We are watching at 0,3280 as resistance to re-integrate to provide a clear recovery signal in parallel of 2170 ETH
- Watch 0,1360 as key Tactical support


Market configuration

- Graphical Elements :
Graphical Resistance = 0,3280 & 0,53
Graphical Support = 0,1360 & 0,08

- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 0,1590 = Bullish
RSI indicator (below) is now above 50% = Bullish

- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B has been already reached = 0,08
Fibonacci resistance of the wave in progress = 0,3280
Fibonacci support of the wave (2) = 0,08
Fibonacci Bullish Target = 0,3280 & 0,53


Conclusion

Preferred case => As long as 0,1360 remains support we are looking to buy the dip in the buying area (0,1590) in order to test and then surpass 0,3280, before opening a further rise towards 0,53

NOTE: CHZ is actually outperforming ETH - We consider CHZ as a relevant coin to keep in portfolio