alikze

#CHZ Suspicious of the head and shoulders pattern

Short
alikze Updated   
BINANCE:CHZUSDT   Chiliz / TetherUS
In time H2, it is moving in an ascending channel, which forms a head and shoulder pattern with the formation of lower ceilings, which can enter the sell position if the low dynamic trigger is broken. Therefore, we should see a reverse candle in the resistance range. If the trigger breaks from above and stabilizes, this position will become invalid.
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Comment:
make a trailer If it rises every time, provided that the dynamic ceiling trigger does not fail, you can enter a sell position.
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Trail stop to the area marked on the chart
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From the 8% supply area, the re-correction... the area of the blue bands again can be used to confirm the continuation of the sales transaction.

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