CHZ, Watch for possible triangle break out ! 200% profit?
CHZ is close to triangle break out and offer us about 200 % profit.
As shown on the chart CHZ is showing a triangle form of correction which possibly is close to end. It is worth to note that triangle corrections are very difficult to analyze since inside triangle waves can take complicated forms therefore a break out confirmation is necessary I think. I suggest taking out 0.45 high as break out confirmation.
If break out happens , next actionary wave can push the price up to above 1 USD.
Please take it into consideration that triangles show themselves before the last wave of an up going cycle which means after new ATH we will have a strong decline and we should save our profit in appropriate time.
Wish you huge profits !
As shown on the chart CHZ is showing a triangle form of correction which possibly is close to end. It is worth to note that triangle corrections are very difficult to analyze since inside triangle waves can take complicated forms therefore a break out confirmation is necessary I think. I suggest taking out 0.45 high as break out confirmation.
If break out happens , next actionary wave can push the price up to above 1 USD.
Please take it into consideration that triangles show themselves before the last wave of an up going cycle which means after new ATH we will have a strong decline and we should save our profit in appropriate time.
Wish you huge profits !
Feragatname
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