Chiliz - CHZUSDT Daily Chart Analysis

By DefiDegen | Crypto Charts - Technical Analysis | 22 Aug 2021

Chiliz - CHZUSDT Daily hasn't really quiet taken off as most of the other names (yet). Consolidating in the base with slight increase in volume. We recently had a low volume pullback which suggest selling pressure (supply) is inferior than buying pressure (demand) and therefore is a bullish signal. May need just one more recoil before taking off.

Excellent set up and definitely one worth watching. Cryptos price action has been textbook lately.

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NOT FINANCIAL ADVICE.

Resources

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Cryptocurrency Crypto Blog DeFi Chiliz (CHZ)

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DefiDegen

Based in Oz. TA trader. DeFiDegen. I like charts, there is less noise.

Crypto Charts - Technical Analysis

Analysing cryptos under a technical perspective. Volume and price action reading. ALL of my post or comments are NOT to be considered as financial advice.

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