CHZ/USDT (Futures) Long-Term Trend: Bullish
Key Resistance Levels: 0.19828, 0.21044, 0.22350.
Key Support Levels: 0.17938, 0.16958, 0.15200.
Daily Time Frame:
The price on the higher time frame is trying to break the strong resistance around the 0.18910 USDT mark where an engulfing pattern has been posted. The market left an inside bar yesterday showing that the buyers are in clear control of the market which could lead to move higher in the coming hours.
CHZ/USDT (Futures) Medium-Term Trend: Bullish
1-Hr Time Frame:
On the lower time frame, the buyers succeeded to break the bullish pennant to the upside after a period of consolidation. A lower correction could be seen before a new bullish impulsive wave toward the target profits.
Buy Market Order @ 0.18895
TP 1 @ 0.19846
TP 2 @ 0.21044
Stop Loss @ 0.18427
Trade Safely 🙂