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Vickrant_S

CHZ formed a Symmetrical Triangle!!!

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CHZUSDT SPOT (BYBIT:CHZUSDT)  
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Trend Analysis Chart Patterns Beyond Technical Analysis Cryptocurrency crypto CHZ usdt short Symmetrical Triangle breakout totheground
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trendanalysis chartpattern beyondta cryptocurrency crypto chz usdt short symmetricaltriangle breakout totheground
Now, as the chart has formed a Symmetrical Triangle in a uptrend doesnt mean it should go upside, cause the Daily frame and Weekly frame chart doesnt indicate any signs for a bullish movement. So as I have marked the support level "of the Symmetrical Triangle" and the "4H Support Level". If the price continues to break the "Support level of the Symmetrical Triangle" and close near to my entry price, I would enter for a short position with 2 Take Profits. You can follow this Trading Setup

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