awstian

CHZ/USDT BINANCE (FALSE BREAKOUT)

BINANCE:CHZUSDT   Chiliz / TetherUS
DODGE THE BULLTRAP


I added this chart many days ago but I'm daily updating it according the new events. As I expected we reach my first buy zone, if you took congrats, but as i marked was possible a pullback, since the bearish power is stronger (Check DMI/ADX) still red in 4h and Daily timeframe. I knew no matter how many "pumps" would announce wouldn't be enough, also according bitcoin movement it's hard a big bullrun without BTC.

Updated: Added the bulltrap region, where you can expect pumps and dumps.
Also another possible bulltrap zone behind the first. Should put an eye.

-Buy zone:

1- 0.49-0.50
2. 0.20 - 0.29



What I wish:

1. 0.18 : This will only happen if btc goes to the lowest point of the cycle. Might an event like Gemini cash outflow or miners outflow would take an action here.



I also made a forecast of how it would go. I wish a $1.28 as new ATH but the most probably thing is a max 0.9$ after the reversal movement.

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