CHZUSDT dip sems near! Then bullish long term!
Hi all,
Chiliz has done an outstanding performance during the previous bull run which seems as the 3rd wave of the big cycle according to the Elliott Wave Theory!
Since, the first corrective wave was a weak one, the second corrective wave (current one) would be expected to be harsher; so I'm expecting to hit at least fib level of 0.5 (buy zone 1) and even 0.618 (buy zone 2).
So, if correction continues, buying CHZ at these 2 levels with DCA method seems like a good plan.
This is just my strategy and not a financial advise.
Please do your own research!
Cheers!
Chiliz has done an outstanding performance during the previous bull run which seems as the 3rd wave of the big cycle according to the Elliott Wave Theory!
Since, the first corrective wave was a weak one, the second corrective wave (current one) would be expected to be harsher; so I'm expecting to hit at least fib level of 0.5 (buy zone 1) and even 0.618 (buy zone 2).
So, if correction continues, buying CHZ at these 2 levels with DCA method seems like a good plan.
This is just my strategy and not a financial advise.
Please do your own research!
Cheers!