The correction of the global wave of growth in the CHZ market is nearing completion. The CHZ cryptocurrency is one of the strongest in the world in terms of price retention. At a time when many promising projects have failed to sustain their achievements during the hype growth of cryptocurrencies, CHZ has been able to form a consolidation wedge. The CHZ price stopped near the global range of $0.17. Sellers cannot take this mark under their control for 14 weeks. https://www.tradingview.com/x/XvavYKJ0/ On the other hand, sellers gritted their teeth in the upper trend line of the consolidation wedge. Thus, the range of price movements is constantly reduced, which will lead to an explosion. At the time of writing, the probability of a CHZ price shooting up is much higher than the continuation of the downward trend. However, the CHZ price can easily continue to consolidate until mid-June. But, it should be understood that the longer the price consolidates, the stronger the momentum will be in the future. The main growth target is $0.62. At this point, it will be clear whether the CHZ market will face the historical high update and the formation of a new global fall wave. Technical Analysis Of CHZ On The Daily Timeframe https://www.tradingview.com/x/KvAnjHsY/ The positive chart of the weekly timeframe does not mean that the market reversal and total domination of buyers will begin at the same moment. Analyzing the movement of the CH...
