CHZ Inverse Head & Shoulders???

17 Nov 2022

I don't know about you, but this sure looks like an Inverse Head & Shoulders pattern to me. Hmmmm... And with the World Cup kicking off in a few days, CHZ involvement in the festivities will no doubt give it a fundamental boost as well. I figure a blind man could hit this target with a peashooter in a blizzard. The way I see it, the only thing that could possibly screw this up, is "King Coin" (BTC) taking another dive in the deep end of the pool, which of course could happen at any given moment, regardless of how any of us may try to predict to the contrary. I've been doing this long enough to have experienced the shattered set ups and broken dreams of a home run completely evaporating on the movement of BTC, so beware. I'm watching for a break of the neckline and subsequent retracement and if were in the clear then this thing should blow up. Just imagine if BTC has a little Bear Market Rally at the same time...just imagine.

This is of course NOT financial advice and if you take it as a such, you should know that I lose waaaaaay more often than I win, so it is quite possibly bad financial advice (more than likely) and you will be the mockery of your entire circle of friends. Both of them. My musings should be considered humor at best, which I feel we need a bit more of in this very stressful space. Also, trading has been known to cause in increase in respiratory function, heart rate, blood pressure, and core body temperature. In some extreme cases it has lead to heart failure. If you experience heart failure you should stop trading immediately and call you doctor. Do not stop trading altogether at once as this can have serious side effects associated with withdrawal. Consult your doctor when thinking about quitting trading. Oh, and have fun, cause if it ain't fun, then why the hell are you doing it?