Hi dear friends, the Chiliz ( CHZ ) has formed a bull flag on the daily time frame chart, which is in fact a falling wedge as well. Today it has broken out the resistance. As per the targets of the bull flag , it can move to $1.20 and according to wedge’s target $0.75.
https://www.tradingview.com/chart/CHZUSDT/orcCNhqb-Chiliz-CHZ-has-broken-out-the-bull-flag/
The price action has found a good support zone from $0.50 to 0.45, therefore the $0.50 can be set as stop loss.
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