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CHZ

Chiliz next targetsThose who been holding Chiliz and not seeing upwards movements, the next leg up most likely will have to wait till end of May. As the bollinger band are starting to become smaller for the next big up move. Those still looking at entry point it looks like Chiliz still can move down a little lower, but anything around 0.45 - 0.5 is a great entry. My strategy hitting first target to get out my initial investment as you never know if it could possible move down to the bottom of the channel again. With how much it went down with a down channel I feel like the 2nd target could be a top and selling all there and wait for it move down to the bottom of the channel again to rebuy.
BINANCE:CHZUSDLong
by chungdha
1
Chiliz Partners with UFC®"UFC®, the world’s premier mixed martial arts organization, and Chiliz, a leading blockchain provider for the sports and entertainment industries, have announced plans to launch a $UFC Fan Token on fan engagement and rewards mobile app Socios.com." medium.com ------------------------------------------ What is Chiliz? www.chiliz.com Chiliz is world’s leading blockchain fintech provider for sports & entertainment Chiliz developed the Socios.com sports fan engagement platform which is built on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive on-platform currency. Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences. ------------------------------------------ Chiliz is now providing a UFC Fan Token (This is a UFC Themed Cryptocurrency that fans can acquire and trade with eachother), this can potentially bring a new wave of users and interest to this Cryptocurrency and potentially lead to increases in value, not to mention there is a another strong sign, the Bull Flag Pattern which is explained below: ------------------------------------------ Bull Flag Pattern: Click the below image for a educational idea on the Bull Flag Pattern. Bull Flags are one of the most well known & easily recognized chart patterns. The most important factor in identifying any flag pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern. After the straight run upward price starts to Zig Zag between two converging trendlines forming a tight wedge (it can be slanted, or even symmetrical) until the price "breaks out" above the upper trendline signifying a possible continuation in trend upwards. The pattern is measured and added to the bounce area before the breakout for a potential target area. ------------------------------------------ I hope you enjoyed the idea and found it insightful, if you did you can show your appreciation by Liking & Commenting, thank you!
Long
by Worth_The_Ri5k
4