#CHZUSDT Reversal Potential Breakout & Fibonacci Retest#CHZ
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
A key support zone has been identified in green at 0.03463. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.04130
First Target: 0.04216
Second Target: 0.04451
Third Target: 0.04760
You can close at the second target or wait for the third target to be reached. The choice is yours.
Stop Loss: At the resistance zone in green.
Remember this simple rule: Money Management.
Any questions? Please leave a comment.
Thank you.
Chzusdtlong
#CHZUSDT Reversal Potential Breakout & Fibonacci Retest#CHZ
The price is moving within a descending channel on the 4-hour timeframe. It has reached the lower boundary and is heading for a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key support zone in green at 0.03700. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.3860
Target 1: 0.03959
Target 2: 0.04057
Target 3: 0.04173
Stop Loss: At the resistance zone in green
Remember this simple rule: Money management.
Any questions, please leave a comment.
Thank you.
#CHZ/USDT Reversal Potential Breakout & Fibonacci Retest#CHZ
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.
There is a key support zone in green at 0.03320. The price has bounced off this zone several times, making it a strong support level.
The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.
Entry Price: 0.03600
Target 1: 0.03739
Target 2: 0.03930
Target 3: 0.04140
Stop Loss: At the resistance zone in green
Remember this simple rule: Money management.
Any questions, please leave a comment.
Thank you.
CHZ/USDT at a Critical Zone — Breakout or Another Rejection?CHZ/USDT on the Weekly (1W) timeframe remains in a long-term downtrend since its 2021 peak. Price is currently testing the upper boundary of a descending channel, an area that historically acts as a key decision zone—either leading to a strong rejection or a valid breakout. While short-term momentum shows signs of recovery, sellers still control the broader market structure.
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Pattern & Technical Structure
Descending Channel (Bearish Continuation Pattern)
Price has been moving consistently within a downward-sloping channel defined by:
Upper resistance (red trendline) → dynamic resistance
Lower support (yellow trendline) → major dynamic support
As long as price remains inside the channel, the primary trend stays bearish
Current price action at the upper channel makes this a high-risk, high-impact decision area
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Key Levels
Major Resistance:
0.07500 → minor resistance / initial reaction zone
0.14000 – 0.16600 → mid-term supply zone
0.27500 → major resistance & trend reversal confirmation
Major Support:
0.05400 → short-term support
0.03500 → important weekly support
0.01000 → extreme demand zone / lower channel boundary
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Bullish Scenario
Price breaks above and closes weekly above the descending channel
Breakout supported by increasing volume
Upside targets:
0.07500
0.14000 – 0.16600
0.27500 as the main target
A valid breakout could mark the end of the bearish structure and the start of a medium-term trend reversal
Bullish Confirmation:
Weekly close above the red resistance trendline
Successful retest of the upper channel as support
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Bearish Scenario
Price fails to break the upper channel and forms a clear rejection (long wicks or bearish weekly candle)
Selling pressure resumes
Downside targets:
0.03500
0.01000 (lower channel)
As long as price stays inside the channel, upside moves are considered relief rallies
Bearish Confirmation:
Strong rejection at dynamic resistance
Breakdown below the 0.05400 support level
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Conclusion
CHZ/USDT is trading at a critical long-term decision zone on the Weekly timeframe.
This area will likely determine whether price:
Breaks out → Trend reversal
Gets rejected → Continuation of the downtrend
Traders are advised to wait for weekly confirmation, as this zone is highly prone to fake breakouts.
#CHZ #CHZUSDT #Altcoin #CryptoAnalysis #TechnicalAnalysis #WeeklyChart #DescendingChannel #TrendReversal #CryptoTrading
#CHZ/USDT Reversal Potential Breakout & Fibonacci Retest in F#CHZ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 0.04300, which represents a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 0.04368
First target: 0.04447
Second target: 0.04527
Third target: 0.04638
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#CHZ/USDT Reversal Potential Breakout & Fibonacci Retes#CHZ
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 0.02934. The price has bounced from this level multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 0.03000
First target: 0.03063
Second target: 0.03160
Third target: 0.03266
Don't forget a simple principle: money management.
Place your stop-loss order below the support zone in green.
For any questions, please leave a comment.
Thank you.
#CHZ/USDT Reversal Potential Breakout & Fibonacci Retest in Fo#CHZ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area (in green) at 0.03700, which represents a strong basis for the upside.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 moving average.
Entry price: 0.4000
First target: 0.04108
Second target: 0.04288
Third target: 0.04533
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
CHZUDT UPDATE#CHZ
UPDATE
CHZ Technical Setup
Pattern: Bullish falling wedge breakout
Current Price: $0.0433
Target Price: $0.0607
Target % Gain: 40.78%
CHZ is breaking out of a falling wedge pattern on the 1D timeframe. The breakout highlights bullish momentum with a target near $0.0607, offering over 40% potential upside. Structure supports continuation if momentum sustains. Always use proper risk management.
CHZUSDT Reversal Potential Breakout & Fibonacci Retest in FocusChart Analysis:
The CHZ/USDT pair on the 1D timeframe has successfully broken out of a long-term descending trendline, which had been acting as resistance since December 2024. The breakout occurred with a strong bullish candle, suggesting a potential trend reversal.
Currently, the price is performing a retest of the breakout zone, which aligns perfectly with the Fibonacci retracement levels:
0.5 at $0.03902
0.618 at $0.03703
This confluence zone is critical as it may serve as a base for a continued bullish move.
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Pattern Identified:
Descending Triangle Breakout → Signaling the end of a distribution phase and the potential start of accumulation.
Bullish Retest Zone → Price is testing the previous resistance turned support + Fibonacci confluence.
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Bullish Scenario:
✅ If price holds above the $0.037–$0.039 support area and forms a bullish rejection candle, potential upside targets include:
$0.04699 (minor resistance)
$0.05395
$0.06310
$0.07483
Up to psychological resistance at $0.09686
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Bearish Scenario:
❌ If price breaks below the $0.03703 level, further downside could be seen toward:
$0.03306 (local support)
And possibly the recent low at $0.03060
However, as long as the price stays above the 0.618 Fibonacci, the bias remains bullish.
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Conclusion:
CHZ/USDT is at a critical decision point. A successful retest of the breakout zone combined with Fibonacci support could provide a strong accumulation opportunity for buyers. Watch closely for bullish confirmation candles in the yellow zone before entering.
#CHZ #CHZUSDT #CryptoBreakout #FibonacciLevels #TechnicalAnalysis #AltcoinWatch #TrendReversal #CryptoTrading #TradingViewAnalysis
#CHZ Price is testing the Descending channel resistance #CHILIZ
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.03320, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.03200.
Entry price: 0.03440
First target: 0.03505
Second target: 0.03600
Third target: 0.03730
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
#CHZ/USDT#CHZ
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.04400, which acts as strong support from which the price can rebound.
Entry price: 0.04516.
First target: 0.04650.
Second target: 0.04820.
Third target: 0.05011.
CHZ Weekly AnalysisCHZ Weekly Analysis
CHZ is showing a positive divergence on the weekly timeframe, indicating a possible bullish move.
Risk-tolerant traders may start entering at the current price, placing their stop-loss below the weekly support zone, and considering an additional entry around the weekly support.
However, for a more confident entry, it’s better to wait for a strong breakout above Resistance Zone 1.
Support us with your energy by following us, and feel free to ask if you have any questions!
#CHZ/USDT#CHZ
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.03470.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.3570
First target: 0.03643
Second target: 0.03736
Third target: 0.03888
CHZ- 4h - Accumulation RangeREMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , CHZ is trying to remaning in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 0.1usd resistance its broken and became a support.
CHZ long!"🌟 Welcome to Golden Candle! 🌟
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