Hello,
CHZUSDT is one of the hottest NFT cryptos.
After taking a very long time of crazy bullish period, the price variation has made two questions.
1. wedge or parallel
The tip points raise the question of whether it will form a rising wedge or parallel channel.
(My guess is that rising wedge formations have a higher probability.)
- in the case of the rising wedge: the top price for a while would be around $0.75
- in the case of the parallel channel: may CHZUSDT become one buck.
2. double top or not
It's possible that it would make a double top coz the price seems to be cooled down soon.
Though I'm not in trading of this hot chili, quite curious about the next movements.
Thank you.