I believe CHZ is ready to do some attacks. If the market stays bullish, I believe CHZ can reach the upper side of the falling channel.
There are some head&shoulders formation. RSI looks quite normal, it is not oversold or something. After some liquidity, I believe the price has potential to grow.
Just a reminder, everybody should take the risks that they can...
Chiliz broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 0.1555 is expected to happen.
Trade Idea
🟡 #Chiliz 4H
✍️The strength of the trend in Chiliz tends to be corrected more. Consider two scenarios for trading this fan token considering that it is under the control range.
In the first scenario, look for a long stop in the discount range. The important supply level in the specified chart is better to use the Premium area for the sell...
CHZ has just broken the 0.39 resistance it has been battling with for a few days now. Now it looks ready to make an expansion move up to 0.45, which appears to be the next resistance. Keep in mind that the RSI is slightly overbought on most time frames, so expect some sideways consolidation or a few dips along the way.
Greeting from IRAN to whole trading community 💙✔
CHILIZ has managed to make a new ATH in early march
After that achievement , Chiliz started a major donwtrend (Red dotted line) which last about 1 month
After that a strong breakout happened , price has risen about 80% then it dropped down back to its major support zone
I expect to start a new uptrend from this...
