First Crypto Idea. Not much to say CHZ ready to fly
CHZ bullish downtrend flag pattern + retest of previous resistance possible (blue line). Works clockwise so we should see breakout soon. Take profits on 1.618 fib from daily charts on $1.24
CHZ after clockwise breakout from Cup and Handle pattern seem to regain it's energy into very bullish downtrend Flag pattern. The movement just started and it's definitely not over yet. Due to fibs on daily charts first take profits around 1.24$.
TP1: 0.82$ TP2: 0.92$ TP3: 1.08$ TP4: 1.27$ TP5: X3, X4....
We are in a very hot position on the short term of CHZUSD pair. Now we either bounce of the breakout level retest and start a move upwards or sink down below again and return to the downward trend. I still believe CHZ has had his correction and we are ready to test 0.95 levels .95
chz is retesting the falling wedge, which is super bullish, if we hold it as a support
Technical Analysis 1. Large Pennant / Falling Wedge 2. Market broke out of Pennant and Retraced to Top Trendline of Pennant 3. Fibonacci Retracement at 0.786 (Silver Zone)
HI guys this my idea i think CHZ will have good pump and when break out the rectangle and complete the flag pattern
As per my last video idea, we were waiting for a break above the last swing high on H1 to buy, which didn't happen yet. Update: CHZ is still trading inside our red channel and now forming an inverse head and shoulders pattern. The setup is objective on H1, but I shared the H4 timeframe this time as it is cleaner. Before we buy, we want the buyers to prove...
It seems that the price correction is over and it can start growing soon, the possibility of pullback to the blue line is suitable for the entry point and it can start the growth from the blue line It has a lot of funds in 30Apr and it is better to vacate a part of the position on the same day or the day before it reached the final target or good growth. Red line...
Hopefully this little support that also coincide with the EMA200 on H4 will hold. UP ONLY !
We've seen body closure above the lower trend line but i'd still like to see it above the wicks as seen in the upper trend line. We could perfectly bouncing of the lower trend using it as resistance to move upward. However, if we go slightly lower... I think we have some wick fishing to towards 0.786 fib which correlates perfectly to the $0.40 psychological...
the Yellow line acting as support since march and now bounced to this line also, the 20ema (Daily) was the support for a while and now a daily candle closed below it if 20 ema now acting as resistance can push the price to 50 ema around 0.35 (only if it can break the yellow line), also there is very strong support around 0.25 zone ----- only if the current...
CHZ is in the accumulation zone for a long and we expecting a breakout here. CHZ has a lot of good news coming in April including Fan Token Offerings (FTO) and NFT strategy. CHZ did very well in March and we expecting the same rally after the breakout in April. Buy Zone: $0.445-$0.45 Target: $0.495- $0.547 - $0.595 - $0.655 - $0.714 - $0.783 - $0.857 - $0.92 -...