CHZ daily has yet to be this low on the price
and this low and oversold on the RSI...I have
the price zones in the gold boxs...this is crypto
so CHZ could move very quickly if it decides to.
i will be watching this chart very closely.
Hello Traders!
CHZ price is moving in an uptrend. After a local correction, the price has consolidated above MA100 and continues to consolidate in a narrow range of $0.2290 - $0.2475
We can look for purchases to connect to the uptrend in the price range of $0.2150 - $0.2350
Targets for short-term purchases will be price levels of
$0,3175
$0,3500
$0,4040...
CHZ gives a fakeout below the support of the $0.215 area. CHZ is now trading above the $0.227 local resistance area. The major resistance is the $0.248-$0.253 area. You can increase your stop loss to buying price and hold this trade.
Chiliz might be going to end correction soon with Falling Wedge brekout & Resistance 1 breakout in place.
Break above 0.3304 should signal the start of the Wave 3 of Grand Supercycle.
Good buy range is anywhere between Initial Break zone and Resistance 1 level.
This is Weekly chart, things might take some time to kick off. Be patient.
After that long phase of correction
My expectation for this project is that
Chilliz going to that high again coming months
during this bullrun.
I believe that we allready bottomed out for all crypto´s
Thats why i decided to use FIB tool
IMO we will see a nice relieve rally soon.
Since inflation is soaring and large investors realising that
crypto is becoming a...
Based on technical factors ( Flag pattern ) there is a short position in :
📊 CHZUSDT Chiliz
🔴 Short Now 0.2425
🧯 Stop loss 0.2665
🏹 Target 1 0.2200
🏹 Target 2 0.1900
🏹 Target 3 0.1650
🏹 Target 4 0.1470
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Hi everyone,
According to my daily candlestick charts,
#Falling Wedge
it seems that we are currently inside a Falling Wedge since 2021 March 15th, and according to the rules, we already hit the top 3 times, and now we have to head to the bottom to reach 3rd time, and after that we burst.
#ICHIMOKU CLOUD
We can clearly observe that we are inside the RED ichimoku...
Hello trading friends,
This is a small trend update for CHZ with a possible breakout trend.
There is noting called 100% into the trading world - all depend on data and trends.
It's possible depending on this high chance trend - after studying the TA trend that Chiliz can get a trend breakout what we have seen also before with trend increase.
it can take some...
Chiliz (CHZ) - re-enter volume profile zone?
Therefore price needs to break $0.26 first.
Later on a break of $0.51 and bull party could start.
What do you think about that?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
CHZ Breakout double bottom pattern on daily at the time Minor double bottom on 4H
MACD Showing bullish crossover on daily
Potential continue upward movement from here🚀
Target mentioned in the chart
Stoploss : $0.225
Risk : 6%
