CHZ is bearish. We are monitoring a possible break of the blue downtrend line. If you own CHZ coin continue to hold.
Steps to take:
1) Buy if multiple buy signals
OR candle open/close above .3411
2) Sell if candle open/close below .2119
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Have a good day.
(CHZUSD 1W Chart)
We need to see if we can move up along the uptrend line.
We need to see if we can move up from the 0.24642812-0.36702768...
Those who been holding Chiliz and not seeing upwards movements, the next leg up most likely will have to wait till end of May. As the bollinger band are starting to become smaller for the next big up move. Those still looking at entry point it looks like Chiliz still can move down a little lower, but anything around 0.45 - 0.5 is a great entry.
Chiliz Blockchain Token
Entry@$0.27 Target $2.10 Apr 3, 2023 long term
Entry@$0.20 Target $1.40 Jul 4, 2023 Short Term
The world’s leading blockchain fintech provider for sports & entertainment
Chiliz developed the Socios.com sports fan engagement platform which
is built on the Chiliz blockchain infrastructure & uses $CHZ as it’s exclusive
yesterday CHZ decided to launch from .27 range to .32 and then settling around .31. a bullish move that has resulted in a new bullish pennant- IM NOT ALWAYS right but i believe this is another move up and when it goes it will try to hit .40 range.
im not a charting expert- i just call what i see and throw together simple chart concepts- do NOT take anything i say...
CHZ has had a minor pump today wicking through support and provides what should be an easy short entry and one to hold into the bear market.
Bit of a risky one as these NFT alts can be frothy and unpredictable. It looks good to me though.
*DISCLAIMER: I am not a financial advisor and this is not financial advice or a recommendation to buy or sell as these are purely my opinions and speculations. I may also own or trade (long or short) any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any...