Chia XCH looks for a temporary pull back and start to an uptrend
Double long-legged doji on the daily marks a potential reversal downward during the short term. Levels almost certainly to be tested:
- $42.85
- $42.02
- $41.19
Top daily wick looks to have established a trend line using a pitchfork where
52
to
62
are the top-side limits on the daily. Of course a down-side risk is well in play around $30. Retesting and holding that level (or
27
at the lowest) would probably mark a bottom since a triple bottom was already plumbed in the high twenties over the past year.
Chia is a blockchain founded and currently maintained by Bram Cohen (BitTorrent inventor). Chia uses proof of space, limited supply (near Bitcoin's total supply number), and low energy to offer the functionally of
ETH
with the privacy, decentralization, and scarcity of
BTC
- $42.85
- $42.02
- $41.19
Top daily wick looks to have established a trend line using a pitchfork where
52
to
62
are the top-side limits on the daily. Of course a down-side risk is well in play around $30. Retesting and holding that level (or
27
at the lowest) would probably mark a bottom since a triple bottom was already plumbed in the high twenties over the past year. Chia is a blockchain founded and currently maintained by Bram Cohen (BitTorrent inventor). Chia uses proof of space, limited supply (near Bitcoin's total supply number), and low energy to offer the functionally of
ETH
with the privacy, decentralization, and scarcity of
BTC