CHZ / BTC Showing Bullish Divergence on Weekly Chart
CHZ / BTC Showing Bullish Divergence on Weekly Chart!
There are two possible scenarios:
1. If the long term support line breaks it will be perfect opportunity SHORT. Wait for the break before entering.
2. If we break out of descending triangle (green arrow), it's a sign for LONG. Enter after the breakout, to be safe, or now with SL at 40sats, for higher risk/reward. 🚀
Let me guys know what do you think about this idea?
There are two possible scenarios:
1. If the long term support line breaks it will be perfect opportunity SHORT. Wait for the break before entering.
2. If we break out of descending triangle (green arrow), it's a sign for LONG. Enter after the breakout, to be safe, or now with SL at 40sats, for higher risk/reward. 🚀
Let me guys know what do you think about this idea?