CHZ is currently making cup and handle structure, This is how i would like to plan my trade. I would wait to break and retest resistance around 0.14~0.15. I would set take profits for short, midterm and long term (runner) with a tight stop loss. These are just my thoughts and they are not trade signals by any mean.
This is not an entry signal. Please Do your own...
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LET'S UPDATE CHZ/USDT
As we clearly see price broke above our major swing high previously and traded higher as per our last text analysis
For now price is trading inside this channel.
However, for now price is now testing...
Price was trading within a downward channel in form of ABCDE waves with majority of the wave legs formed. Currently on the way for the last leg of wave E. Major level to watch is Immediate resistance zone. At this level both downward and upward pressure will be at war.
We should exercise patience to see which direction price tend to follow.
Immediate buy back...
we pulled back to strong trend support zone after hitting my 1st target🎯
a bounce from here back to my target is very possible, but if we break local support zone/.11 area then I will target short scalps until we meet extreme support zone again✅
boost and follow for more, thanks 💙
Weekly Log. Bullish count. I do have an alternate bearish count, but both coincide with a bounce, so for now I'll keep it under wraps. I have us having finished w4 with an WXY combo. with w1-2 finished on the 5th wave. The ratios so far are nice. A move (even a wick) below $0.0816 would invalidate this count (making wave 2 go below the start of wave 1).
Looking closely on the CHZ chart, with the mindset of mid term to Long term perspective, it was observed that price respect a trendline(Black TL). Each time price had a test on the TL, it give strong rejections.
The last move away from the TL, seems to be forming Bullish flag.
Our trading ideas right now will be to focus more on the ACCUMULATION zone shown with...
Chiliz (CHZUSDT) is trading within a higher low compared to June last year.
Within this higher low, we have a break above EMA10 and EMA21 as the daily trading volume starts to increase...
This is supported by a strong RSI.
The rest of the cryptocurrency market is also growing an altcoins such as Ethereum Classic and BitDAO already moved ahead.
This pair is...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
CHZ is holding a very high demand zone.
CHZ before every very big bullish movement came a very bearish move causing an imbalance this will lead to a bullish move in order to maintain a balance.
CHZ has recorded a 15% price drop over the past week, with most of the drop coming from the previous day. After buying support took the price to the $0.1444 resistance range, as this level has seen a lot of reaction in the past and is considered an important supply level, it has caused short-term buyers to save profits. The corrective wave has a high downward...
2 previous attempts to climb back above trend support have been a fail! today we are seeing attempt 3.
do we reject again or do we break past explosive long trigger and start a rally towards .14-.17-.26 🎯
time will tell, boost and follow if this helped :)
chiliz after pump on worldcup time now after fic can again going up
you can see 1 triangle and 1 bearish channel
ciliz can break trend line and going to top channel and triangle
both break togther this can pump and big...