CHZ will go to the moon (4H)

Jan 14

First of all, you should know that we analyzed Chiliz in the most desperate market situation in this post and had a bullish view on it.

From the point where the green arrow is placed on the chart, the bearish phase of CHZ has officially ended, and the market has entered a new bullish phase.

This bullish structure appears to be forming a Diametric pattern, and at the moment, price action seems to be located near the end of wave E. Based on the current structure and market behavior, it is highly likely that wave E will complete soon, after which the price will move into wave F.

Wave F is expected to be a corrective / bearish wave, but it should be considered a pullback within a larger bullish trend, not a trend reversal. Therefore, the completion of wave F is where we will be actively looking for long (buy) opportunities, as it aligns with the newly established bullish phase.

Entry Strategy
We have identified two potential entry zones, and the recommended approach is to enter the position using DCA (Dollar-Cost Averaging). This allows for better risk management and improved average entry price during the corrective move.

Targets & Risk Management
Price targets are clearly marked on the chart

At Target 1, it is recommended to secure partial profits

After taking partial profit, move the stop-loss to breakeven to eliminate risk on the remaining position

Invalidation
This analysis will be invalidated if a daily candle closes below the invalidation level marked on the chart. A confirmed daily close below this level would indicate that the structure has failed and the bullish scenario is no longer valid.

As always, proper risk management is essential, and this analysis should be used as part of a broader trading plan, not as financial advice.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here.

Jan 19

Trade active

After hitting our first entry point in futures, the price pumped more than 18% and the first target was reached.