Daily RSI and MacD levels are in good shape and ready to go higher.
Hidden bullish divergence on hourly chart since 11th october.
CHZ has a real nice potential as a real world project that could lead the sports crypto token league as the general of them all.
Q4 is looking promising for it as since march it has consolidated and held support on many times.
Hello everyone, if you like this idea, do not forget to support it with a like and follow.
CHR breaks out from a big falling wedge channel and currently retesting. So I'm buying some here using low leverage (3x-5x).
Entry range:- Buy at CMP and add more up to $0.33
Do appreciate it with...
CHZ has had a minor pump today wicking through support and provides what should be an easy short entry and one to hold into the bear market.
Bit of a risky one as these NFT alts can be frothy and unpredictable. It looks good to me though.
$CHZ like most alts has been torn a new one since BTC collapse.
We see the bottom @ 0.163 however with enough volume the down trend was broken looking to hold above 0.349 with solid closure above support.
Failing this blue trend line to follow the downtrend movement possibly bouncing around or on the support of 0.163
Volume has started to increase...
CHZ has been playing long in the triangle.
Recently $CHZ partnered up with couple of known franchises so fingers crossed & hoping for the best.
Once it breaks the trend line with good volume then surely a good pump can be expected.
My First Analysis.
Correct me if i am wrong.
NOT A FINANCIAL ADVICE!
As you can see CHZ accumulations are quite long term. I appreciate it positively, because the breakdown of the accumulation zone means a high chance of a jump.
You can see Doge as an example, but our target should be to expect a price of $ 2 in the zone of 2,618 because according to Elliot theory and my experience, I think it will soon surpass $ 1. and $ 2 is what...
Do not fall for the trap today. It won't be a breakout as the spike from 0.41900 to 0.55 only completed the swing high for the falling wedge and is now proceeding to the new symmetrical triangle for potential breakout on Apr 7-10, or, may drop to 0.39400 until Apr 16.
Good luck on your trades. Happy Easter!
Chilliz / BTC Technical Analysis for the next couple of weeks. Chilliz is on its way to make a move towards the all time high after forming a bullish patter. It has been consolidating for a couple of days allowing swing traders to profit from this. However, I expect the price to drop towards the low .30 level before this move to take out short positions around this level.