CHZBTC
#Chiliz|Trendline testPlease support the idea by pressing the like button
#CHZBTC
Buy Between : 0.00000094 - 0.00000084
Target 1 : 0.00000106
Target 2 : 0.00000117
Target 3 : 0.00000147
Target 4 : 0.00000162
Stop loss : Close the daily candle below the trend line
#CHZ VIP Call 102% Profit
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CHZ/BTC 12H (Binance) On TL support & inside falling wedgeChiliz is almost back on the same trend-line it bounced from 2 months ago.
I'm expecting to catch it when it goes there, then to breakout that small wedge and rise for short/mid-term.
In higher time-frame we can see a huge pennant and if price action manages to close above middle line it will look very good for long-term.
Buy Entry= 0.00000093 - 0.00000089
Take Profit= 0.00000103 | 0.00000111 | 0.00000124
Stop Loss= 0.00000079
Risk/Reward= 1:1 | 1:1.67 | 1:2.75
Expected Profit= 13.19% | 21.98% | 36.26%
Possible Loss= -13.19%
Fib. Retracement= 0.236 | 0.382 | 0.618
CHZ/BTC preparing for another green DILDOCHZ / BTC
Chiliz's prediction from January 22, 2020 came out excellent and fulfilled all targets from the bull BAT pattern, reflecting the larger uptrendovky from the bottom of the structure determination. Again it fell to me to do well and end up with the last cases.
- Consolidates again on the same initial trend.
-Fulfilling harmonic pattern
-And no amount at all ??? (preparation for movement?)
After the impulse pump, the Chilli Gartley pattern, which has no ideal and I have to overlook the opening knot, has finished perfectly, no other calculations fit perfectly and is not an attempt at a shorter business. The situation with BTC and its dominance is currently unsatisfactory for shitcoins, so these primarily attempt to close deals in narrower TPs in a short time without setting this to a few weeks.
In PRZ between 89-92sat I calculate 0.88XA, precise AB = CD and 1,618BC projection.
StopLoss in this case tightened (87-89sat), conservative below point X (75sat).
Take Profit Zones from the graft pattern.
Chart 12h:
Graph 4h:
$CHZ, Reclaiming ~135 sats support level $CHZ
Reclaiming ~135 sats support level (on a bart pattern 😂)
Hodling and bouncing from here is key for continuation to the upside..
Volume needs to start flowing in..
UCTS is turning green (Buy) on lower timeframes. HTF remains bearish.
Set some alerts and wait...
#CHZ
$CHZ C&H formation. Might/will follow $Matic & $WRX$CHZ C&H formation. India has lifted the #Crypto ban. With the recent rallies of $Matic & $WRX the next one to experience exponential growth might as well be #CHZ. Be patient. The setup has a lot of potential. After $WRX and Matic start retracing the profits from them might/most probably will flow into $CHZ.
If there is not some bigger agenda in play CHZ will rally too. Be careful and don't oversize positions, though.
CHZ - Lets goCHZ is consolidating in and around 130-136 zone and now it seems it wants to break out to it.
With no major moves by BTC on upside or downside, alts are recovering well.
CHZ should move from here based on some great news in last week. They launched Socios ID and released a $CHZ to fiat Debit Card and Membership 'all-in-one' Card.
Binance CEO also tweeted about CHZ and declared that Binance is an investor in CHZ.
I'm in.
Chiliz Bulls Are Now Up! What Happens Next?We looked at CHZBTC (Chiliz) back in early January... Here is the chart:
It moved just as charted, but, what happens next?
Right now we are looking at really strong bullish action, the strongest this altcoin pair has seen.
CHZBTC is also displaying the highest volume as well as extremely bullish indicators. The MACD allows for additional growth.
The RSI is now really strong... Chiliz will continue to grow.
Namaste.
Chiliz Hits Support | Will It Bounce? | Chart SignalsChiliz (CHZBTC) almost hit the .786 Fib. retracement support and started to bounce... Let's take a quick look at the signals:
Prices for CHZBTC bounced just above .786 Fib. For bullish cycles, .618 Fib. can be enough to complete a retrace so reaching lower and bouncing with strength can be a bullish signal.
Volume is showing up.
Break above EMA10.
EMA100 being challenged.
Bullish RSI.
Bullish divergence on the MACD + bullish cross.
Downtrend line broken.
There you have it... You can find the important support and resistance levels marked on the chart.
My view
I believe Chiliz can produce some good growth here... There is still the possibility of another low before fully resuming the uptrend, but a bullish move is still due now.
Thanks a lot for reading.
Namaste.
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Previous analysis |
CHZBTCLooking at CHZ on the daily
Willy stupid and making a W
Histogram ticking up but it has made a LL
OBV not to crash hot
Very little volume (Who is driving the bus?)
Price trading at the POC
Price also trading on the .618
I want to see more structure in price to tell me if we are bullish off the 618, then ill look for a trade entry
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CHZ / BTC Falling Wedge. Pivot zones for work.After the pump, a downward wedge formed, the price almost reached the zone of potential reversal, or at least accumulation.
TARGET.
In the trading idea, I showed only a potential first move to take profits. A coin can go up much more in short-term movement. They can pump up hundreds of percent, but only for a short time! All this is done thanks to the satoshny price, 3 exchanges where it is traded and relatively small capitalization.
When trading such coins, always remember - greed begets poverty!
The coin was created only for speculation, it must be understood, the satoshny price is also not random.
Coin only for trading is not for holding!
The legend of the project.
And again scam Binance exchange which "does not post" fraudulent projects on its site. The legend of this project, Chiliz, creator of Socios.com, aims to give sports fans and cyber sports the opportunity to manage their favorite teams, games, leagues and events.
ENTRANCE.
Entrance only when a downtrend line breaks (downtrend resistance line, red line)!
You also need to understand that after breaking through the descending wedge line, an accumulation channel of 40-50% can be made.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
CHZBTCLooking at CHZ on the daily chart
Price currently in the buy zone
RSI making HL
Willy stupidly oversold also making HL
Histogram is in convergence
OBV not looking to great
Bearish control is coming off and now is where the bulls need to step in and drive the bus
Big hole in vpvr where price could eventually get to
VPVR value low is acting as support
W in price is forming where id be looking to play the breakout of the Wyckoff check
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