The buying pressure
The buying pressure on CHZ caused an important resistance in the range of $0.1417 to $0.1547 to be broken and turned into support. The target of buyers can be considered in the resistance range of $0.196. This resistance has already brought many reactions. It is also in the upper half of its main descending channel, which with this support from the buyers' side, can have the potential for price growth up to the ceiling of the descending channel. The return of the price towards support can bring a positive reaction.
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