CHZ
CHZ - Cryptocurrency for sports fans.After the false breakout of the upper boundary of the trading range, we observe a structural return of the price inside the channel with a further test of the buyer.
If the buyer fails to hold and push the price out of these price levels, a price decline is expected.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
CHZ will bounce?Hi all,
I would like to have an update on CHZ.
We can see that CHZ is moving in a rising wedge. At the moment, the prices are at the lower trendline and the EMA 50D supports, after falling from $0.283. The trading volume continues to decline which indicate that the selling pressure has been almost dissipated.
For these reasons, here below is a LONG setup proposal:
Entry: Around the actual price (or waiting for a bullish 1D candle for a safer trade)
SL: $0.1975
Invalidation: 1D candle closing below the support trendline.
CHZ forecastFour-hour H&S top:
After the price fell below the neckline, it tested the support price 0.2109 three times and did not fall below it, forming a box with EMA200.
If the price can break through EMA200 and 0.2307, CHZ has a chance to come to 0.2496, which is also the resistance price near 0.2505 (0.618).
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Daily chart:
If CHZ breaks through 0.2496, there is a chance to challenge the previous high of 0.2826 and a cup handle pattern will appear.
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The target price after falling below the box:
0.1986
0.1788
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Football - Long Term PlanFootball is a very good instrument for those who want to have a diversified crypto portfolio which is less likely to be correlated with broader crypto market as the instrument follows the price action of its fan tokens constituents.
For the long run is always good to have some in your trading portfolio.
Looking at its current set-up, 4H timeframe formed an ascending trendline. If it breaks it there is room for further declines. Around $1000 is a good buy area for a rebound.
Operate with tight stoploss as market is choppy
Chiliz (CHZ) forming bullish Cypher for upto 49% pumpHi dear friends, hope you are well and welcome to the new trade setup of Chiliz (CHZ) with US Dollar pair.
Previously I shared a long-term trade plan for CHZ , which is still in play as below:
Now on a daily time frame, CHZ is about to complete the final leg of the bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DAY 13: #CHZUSDT (#LONG) More trading signals and their results, in my channel, link in the description
#CHZUSDT (#LONG)
1% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.21800-0.21780
🎯target 1 - 0.2216
🎯target 2 - 0.2329
🎯target 3 - 0.2452
🎯target 4 - 0.2559
🎯target 5 - 0.2787
❌stoploss: 0.2110
Additional position set: 0.2142
‼️ The risk is BIG, although there are buy orders at the bottom, which so far are holding back from a strong fall. Please observe money management
I hugged everyone and wish everyone profitable trading❤️
CHZ uptrend !!! , we will see perfect shortsas you can see CHZ has broken dynamic resistance in daily and under supply zone, but you shouldn't forget we are in a bearish market, if you are a daily or weekly trader and have some chz in your budget try to sell them step by step.
my plan: I have set some alarms in supply zones, and I will short in there...
CHZ breaking outCHZ has been trying to break the daily support since a month and formed a cup & handle pattern. It seems that the breaking-out is going to be confirmed (on 1D TF).
Despite the weakness of BTC and almost the whole market, CHZ performs very well these days.
Volume indicators (OBV, MFI and CMF) are supporting this breakout:
OBV breaks the resistance
MFI breaks the trendlines and seems to reverse
CMF positive, already broke zero (from negative values) and continues to increase.
I hope this analysis can help you if you are intested in CHZ.
All comments are welcome! Thank you
Chiliz with quite impressive high similarity over 10🔵+ 4🔴weeksChiliz - $3.55 a realistic long-term target❓
Quite impressive high similarity over 10🔵+ 4🔴weeks
But is a parabolic run realistic 🟢❓
Projection target matches with log FIB 127.2%
What are your thoughts on that dear Crypto Nation?
Comment & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
CHZUSDT - TRADE PLANCheck out the trade plan for CHZ today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
CHZ is slowly growing and running on the bullish swing to revisit the weekly resistance formed at the $0.3 area. We may have to keep an eye close to this level once the price completes its visit to identify if the price goes for a complete breakout formation on the resistance or if finds a reversal.
Trade #9 CHZ *BinanceMy Setups on CHZ (Binance)
Entry 0.2508 - 0.2534
TP Max 2315 You can tp anywhere if cross TP 50%
TP 50% 0.2406
SL (1.98% on my entry positions) 0.2556 You can chose to comfort always DYOR
Reason :
1.Possibility Movement on CHZ Build Bullish Shark Harmonic
2. Shorting on FVG 15m
If CHZ Crossing 0.2438 Setups or ideas should be Invalid. follow to see update on ideas