• CHSB/USD has been trading sideways for a few weeks after a massive bull run to $0.173.
  • The digital asset has formed a clear and still wide equilibrium pattern.

CHSB had a massive bull rally long before Bitcoin or Ethereum had theirs. The digital asset went from a low of $0.0137 to $0.173 in just two months. Of course, every big rally has a significant consolidation period. CHSB is holding well though at $0.116 and defending daily EMAs.

CHSB/USD daily chart

CHSBUSD

The equilibrium pattern is really apparent with a lower high established at $0.134 and a higher low at $0.091, the break of any of these two levels will lead to a significant breakout. Of course, considering that CHSB is bullish, the entire market is also bullish, buyers have a better chance to see a breakout towards $0.173 and ultimately $0.20 than not. SwissBorg is currently incentivizing users to bring even more users through a Rewards Program.

CHSB/USD weekly chart

chsbusd

In fact, even on the weekly chart, CHSB is inside an equilibrium pattern. The lower high and higher low are the same here as well which means a break of these levels will certainly produce a massive breakout.


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