Yesterday we saw a price drop in CHZUSDT chart because it backtested its .236 fib level support which turns out successfully.
This is a normal routine as Chilliz always backtest .236 fib level before making a move in the history.
Right now we could see CHZUSDT to reach the price of $0.55 in the short term if BTC don't dump.
This move can be further validate when we sees the MACD forms a bullish cross which right now it hasn't yet.
CHZUSDT is looking good currently.
This is a normal routine as Chilliz always backtest .236 fib level before making a move in the history.
Right now we could see CHZUSDT to reach the price of $0.55 in the short term if BTC don't dump.
This move can be further validate when we sees the MACD forms a bullish cross which right now it hasn't yet.
CHZUSDT is looking good currently.