Chumbi Valley is an RPG Play-to-Earn blockchain game based on NFT creatures. Though at first, it was very popular; but as its price continued the downward path so did its popularity. Anyway, it seems price has broken the downtrend line and now a harmonic pattern might be forming. Let's see what happens.
Note: the 24h volume is very low thus trading this coin is...
BACKGROUND
Chumbi Valley is a charming role-playing game (RPG) that incorporates play-to-earn mechanics, set in a blockchain-based ecosystem. This enchanting game draws inspiration from iconic titles such as Pokemon and Studio Ghibli works, bringing players into a world of NFT creatures known as Chumbi. These creatures are central to the gameplay, as players can...
CHMB seams like the position of the month. Huge value and the price is in a small accumulation area . if price break and hold above the yellow line then the 3rd target is just a matter of time. 1000% position. use a stop loss based on your plan and the amount you going in with. do your own work.
After being heavily pushed down, CHMB has some potential for some explosive gains for a short play. I am a degenerate bottom feeder so I have zero risk tolerance and these are always the plays I look for but if you are managing risk then this is not the play for you or wait for confirmation. Have a nice day ":^)
Chumbi Valley CHMBUSDT on Kucoin is looking a lot like accumulation at it's lows.
It also appears to be being squeezed near the end and long term ma keeps getting tighter and tighter to price.
#chumbivalley
Keep your eye on this one!
