Coming into the 1D support CHR looks good to go for a LONG here. I have a long at $0.1778 and planning to add more to the long in the coming days. MY SL will be at the $0.16 closing candle while Targetting to the $0.23 range
The technical analysis suggests that Chiliz (CHZ) has performed quite well considering the overall market conditions since the past quarter. The YTD return for the sports engagement coin is down by -30.00% whereas its indirect competitors including Gala Network and Ejin Coin are almost down by 80%. This also suggests that CHZ has better price sustainability...
Let this scenario serve as a caution, entering at this height could be somewhat difficult to drive
Let 's hope for good , last time it took one month to back to same level and up , this time we are expecting to shorten the gap to one week .....