🔷️ #CHZ# continues its journey within the descending parallel channel on the weekly timeframe. If it breaks the parallel channel upwards, potential resistance levels according to Fibonacci are marked with yellow lines.



✍️ Positive Indicators:

RSI (Relative Strength Index) is signaling an exit from the oversold region.

MACD shows positive divergence, indicating rising momentum.

Volume has increased, which may suggest strengthening buying pressure.

✍️ Negative Indicators:

Moving averages still confirm the downtrend.

OBV (On-Balance Volume) does not align with the upward movement, indicating possible weakness in buying strength.

Short-term stochastic indicator shows overbought signals, posing a risk of a short-term correction.

‼️ This content is not investment advice. Every investor should conduct their own research and assess risks accordingly.

#CHZ# #Crypto # bitcoin #btc # usdt
CHZ5.67%
MAY0.86%
EPT-1.32%
NOT7.33%
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