nohaves

CHZ- Bullish Breakout soon?

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BINANCE:CHZUSDT   Chiliz / TetherUS
CHZ is currently trading at around 0.253. The resistance of 0.26-0.265 is looking very very strong at the moment. As bitcoin is expected to make an upside move towards 41k, I expect CHZ to break this resistance soon. If this resistance is flipped as support, we may see 0.35 in no time. Also, depending upon what direction BTC decides to go, we may even see 0.60 in the mid-term.

I am not into the long-term target as of right now as the crypto market is undecided in which direction it will go. I will not be taking any risk and enter trade carefully analyzing the market after these targets are reached.
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