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alikze
Feb 8, 2024 10:10 AM

Alikze → #CHZ | Ready for a new rally Long

Chiliz / TetherUSBinance

Description

In the daily time and 4H, it has moved a full upward cycle, which now seems to be preparing for the start of an attractive rally after the 3-fold correction. Therefore, a new floor should not be built.
⚠️Note: If the sub-zone of 97 cents stabilizes, the transaction will be reversed and an alternative scenario must be defined for it, and this scenario will be invalid.
🟩Sup: 0.97
⛳️Tp 1:0.11290 ~ 0.11590
⛳️ Tp2 : 0.12800 ~ 0.13420
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Comment

According to the presented analysis, a new bottom was not made by modifying the complex triple structure, and after supporting in the green box, it is moving towards the target by creating a lower double bottom. Now, with the breaking of the trading range, it has reached the first supply area.
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With respect

Comment

The target and the first supply area have been touched and have almost 22% growth from the demand area.

Trade closed: target reached

More than 35% growth.
Let's continue traders..
Like and comment please.
Comments
Gabrielo160
Thank you for the recommendation, its a good day for me...What do you suggest will happen next. Always a pleasure receiving your updates Alikze...Much appreciated
alikze
@Gabrielo160, Thank you dear friend.
I will provide a new update soon.
Gabrielo160
Thank you as always for your constant updates...one request IF possible, could you provide a clear view on ETCUSDT? I follow your updates to the T and I would appreciate it if you have the time to chart ETC...Many thanks Alikze. btw, am big time in CHZ and taking a note of your post.
alikze
@Gabrielo160, Hello dear friend. Thank you for your opinion and for supporting us with likes and comments.. Yes, I will definitely publish a new update about ETC soon. I hope it will be useful.
MyCryptoParadise_Nathan
Great job on outlining the expected market movement and the potential reversal scenario if the sub-zone of 97 cents stabilizes. I have same views for it.
alikze
@MyCryptoParadise_Nathan, Shared vision, this is great.
Gabrielo160
Thank you for the post been following CHZ for a while now and your posts as well… any chance reaching 0.3 anytime soon?
alikze
@Gabrielo160, Thank you for your attention. You have to wait for now. But in the weekly time, we are in wave 3, which has the ability to grow up to the second resistance zone and 1.618 fibo, which is the range of 14 cents, and if wave 3 is extended, it can continue to grow even up to 23 cents. I will check the currency soon in the weekly time.
Gabrielo160
@alikze, Understood, will keep an eye on 0.14 cents to start with. Looking forward for your weekly timeframe post/idea. Again, appreciate the efforts you spending on this, Thank you!
alikze
@Gabrielo160, Please, dear friend.
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