This is my first degen/trade post, it'll be better written and organized with time. Albeit being in a No trading zone due to Macro events this week, the TA looks good and the same trade might work in late november
I'm bringing Chilliz, the Sports Fam token, into light with a 3/5 confidence due to the Macro uncertainties (-3) brought to a FED/FOMC meeting this Wednesday (November 1st, 2023), that will impact world liquidity with the possible rate hike (Image1). As for CHZ itself, there are some big spot order buying activity, while retail shows a possible peak. The main reason for this post comes from the Technical Analysis scope, where CHZ is breaking a horizontal and a monthly (Purple line - Image2) resistances at $0.066410, giving it a overall good risk/reward, because the stop order activates if it looses $0.064365. Source: https://trdr.io/snapshot/331BDD9E5125610A.png https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html Update - Already Stopped Show Less
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