Bearish if we break below support line here on chart.🐻
I am looking to see if we can hit some more of our bullish targets!👍
This is just my current technical view on chiliZ token and targets.
For a more fundamental approach, feel free to check out previous posts linked to chart, or do more research on Socios.com where you will find loads of...
🌟CHZ is in a sideway trap right now and a break can happen anytime (although we can see a H&S pattern in the lower frames in the trap too)
🌟there will be more upgrades and fan tokens for this alt soon and that can be a leverage to pump this alt
🌟this alt has a lot of potential in long term situations don't underestimate these kind of alts which are safe to...
Still holding $CHZ.
The only issue I see is $ETH.
If $ETH continues to follow 2017 fractal, ALTS will see deeper pullbacks in the coming 2 weeks.
I'm planning to close this position around break even to get a better entry in the coming weeks.
Better entry is = the wick of yesterday. I expect these wicks to be taken out on all alts.
Idea invalidated if we...
CHZ is now heading towards the resistance area. We will see a good rally in CHZ only after it breaks and holds above $0.360 levels. The good support area for CHZ is $0.300 - $0.320 and you fill your bags in this range. CHZ did a lot of partnership with in the last few months. Wait for a breakout or retest before opening a position.
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Everything on the chart.
open pos: market
target: 0.44 - 0.5 - 0.6
after first target reached move ur stop to breakeven
stop: w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
Good luck everyone!
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CHZ showed weakness in the summer altcoin rally so the current correction on the market gives excellent entry points.
Entry can be observed in two ranges :
1) from the current between $0.3175 - $0.3475
2) in case of correction continuation $0.2475 - $0.2800.
Stop-loss can be placed under the $0.2000 price level.
The targets for continuation...
CHZUSDT had an 80% which is usually what a coin needs in order to complete its cycle and then start a new one. We've seen countless coins over and over, and especially in this alt season really bottom out anywhere between 70-95% down from their ATHs, no matter how big their previous pump was. Now CHZUSD has reclaimed some key levels and looking healthy.
CHZ still looks good in my eyes hold 200 EME Daily I would expect those take profit zone to hit. solid project
I would load some under 0.33 cents.
invalidation if price closes below 200 EME Daily (0.28)
Second biggest bag. Same story as $HOT.
Betting on the fact that $SOL broke ATH and hit top fibs.
Expecting good performing alts from the past run up to perform the exact same.
It might not seem realistic now, but from the top to the last fib is really only 3x max for most alts.
Same time frame as $HOT; anywhere between November 2021 and February 2022.
"It is September. Very busy month ahead of #chiliz & #socios. Will prepare a livestream AMA with a LOT of things to discuss (NFTs, strategic exchanges partnerships, new teams, new sports, new features, marketing, chiliz chain, socios cup, etc ...). $CHZ #bemorethanafan"
#CHZ CEO says
Major NFTs and Strategic Partnership Announcements are coming in This September...