CHZUSDT : Can It Overcome Resistance for a Major Rally?
💎 Paradisers, #CHZUSDT has formed an inverse head and shoulders pattern, increasing the probability of a bullish move.
💎 The #CHZ is also showing a bullish market structure. If it breaks out above the resistance zone and closes a candle above it, this will validate the inverse head and shoulders pattern and could propel the price towards our resistance levels.
💎 In the case of a pullback, we can expect a bounce from the demand level, but entries here could be riskier. Therefore, it's better to look for A+ setups on lower timeframes for confirmation.
💎 However, if the price closes a candle below the demand level, it will invalidate the pattern and our bullish outlook. In that scenario, it would be better to reassess the market conditions.
MyCryptoParadise
iFeel the success🌴
💎 The #CHZ is also showing a bullish market structure. If it breaks out above the resistance zone and closes a candle above it, this will validate the inverse head and shoulders pattern and could propel the price towards our resistance levels.
💎 In the case of a pullback, we can expect a bounce from the demand level, but entries here could be riskier. Therefore, it's better to look for A+ setups on lower timeframes for confirmation.
💎 However, if the price closes a candle below the demand level, it will invalidate the pattern and our bullish outlook. In that scenario, it would be better to reassess the market conditions.
MyCryptoParadise
iFeel the success🌴
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