Chiliz (CHZ) holds the 53rd position on CoinGecko right now. CHZ price prediction 2022 is explained below with a daily time frame.
CHZ/USDT Rounding Bottom Pattern
The above chart of Chiliz (CHZ) laid out a Rounding Bottom. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.
Currently, Chiliz (CHZ) is at $0.2025. If the pattern continues, the price of CHZ might reach the resistance level of $0.5988. If the trend reverses, then the price of CHZ may fall to $0.1420
Happy Trading $$$$
CHZ/USDT Rounding Bottom Pattern
The above chart of Chiliz (CHZ) laid out a Rounding Bottom. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory.
Currently, Chiliz (CHZ) is at $0.2025. If the pattern continues, the price of CHZ might reach the resistance level of $0.5988. If the trend reverses, then the price of CHZ may fall to $0.1420
Happy Trading $$$$
