Chiliz (CHZ)
CHZ Coin started to move up from the middle of the parallel channel today after hovering around the $0.0722 support. However, it is difficult to be optimistic about the reversal as the $0.08 support has not been reclaimed yet. If successful, it may try $0.0853 and $0.092 again.
If BTC falls again, CHZ Coin may fall to the bottom of the parallel channel and undergo a support test. The price has been hovering around the levels at the end of last year, which may provide a last entry opportunity for those who missed the rise, or turn these attractive levels into a trap for greater losses. Time will tell.
