Hello,
CHZUSDT is one of the hottest NFT cryptos.
After taking a very long time of crazy bullish period, the price variation has made two questions.
1. wedge or parallel
The tip points raise the question of whether it will form a rising wedge or parallel channel.
(My guess is that rising wedge formations have a higher probability.)
- in the case of the rising wedge: the top price for a while would be around $0.75
- in the case of the parallel channel: may CHZUSDT become one buck.
2. double top or not
It's possible that it would make a double top coz the price seems to be cooled down soon.
Though I'm not in trading of this hot chili, quite curious about the next movements.
Thank you.
CHZUSDT is one of the hottest NFT cryptos.
After taking a very long time of crazy bullish period, the price variation has made two questions.
1. wedge or parallel
The tip points raise the question of whether it will form a rising wedge or parallel channel.
(My guess is that rising wedge formations have a higher probability.)
- in the case of the rising wedge: the top price for a while would be around $0.75
- in the case of the parallel channel: may CHZUSDT become one buck.
2. double top or not
It's possible that it would make a double top coz the price seems to be cooled down soon.
Though I'm not in trading of this hot chili, quite curious about the next movements.
Thank you.
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