Ok guys, I know we are a little rekt on this trade, but hear me out, I still hodling this for dear life, and DCAing the dips.
RSI on the daily showing bullish divergence, so this could very well be the end of a wave 5.
If you EVER bought CHZ when the daily RSI was this low, you had to be hard pressed to not make money following that strategy in the past.
The VPVR suggests that this coin is in a discount range, you are buying at a lower price than 98% of other buys on this token since it pumped in 2021.
If this breaks .0811, all hell can break loose and this thing could really go down hard, but I am willing to wager before that happens the daily RSI would need to creep upwards first. I am expecting a nice bounce here to the upside.
RSI on the daily showing bullish divergence, so this could very well be the end of a wave 5.
If you EVER bought CHZ when the daily RSI was this low, you had to be hard pressed to not make money following that strategy in the past.
The VPVR suggests that this coin is in a discount range, you are buying at a lower price than 98% of other buys on this token since it pumped in 2021.
If this breaks .0811, all hell can break loose and this thing could really go down hard, but I am willing to wager before that happens the daily RSI would need to creep upwards first. I am expecting a nice bounce here to the upside.