BINANCE:CHZBTC Forming a beautiful triangle pattern which is considered as a continuation pattern for the previous impulsive up move.
We see it after a major support held by the buyers, with nice RSI divergence. More upside expected.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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chilliz vs btc
Longterm falling wedge
Tapping the .236 here
Id expect this to be the bottom as a full retrace seems abit unlikely given the volume of the inital pump
1st target would be the .618 then the 1 fiblevel
Long term this coin also can probably do quite well given strong fundamentals, have seen a price target of 80$ by 2023
USD chart also looks very good...
Chiliz $CHZ Chart is looking like it's ready to make a massive run.
What gives me the confidence to say that is not only the fact that it broke out of an eight month long consolidation, but it also had a massive reaction after hitting a daily order block on the BTC chart.
I would highly suggest you at least go look at the chart and consider adding it to your portfolio.
💎 CHZBTC has broken above the Symmetrical triangle. after the range it might go for a Pullback and then it continues to go higher to another major resistance.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at 0.00000570
☕️ TP1 0.00000700
🍺 TP2 0.00000800
🍻 TP3 0.00001000
"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...
#Divergence formed on the weekly Tf
#Bullish Structure formed on Daily Tf
#if the lows hold signified by the red trend line and the resistance indicated by the yellow box is broken
we can see a rapid rise of the coin