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.
Bitcoin has recently broken out of its bull flag and had a successful retest. It's my opinion that we will see a green Sunday and a green week.
The only question is how green will it be.
Like I mentioned the video one of the key things keep an eye on is BTC dominance over the next couple weeks if bitcoin does breakout of the all-time high and goes in the price...
We are starting to see perpetual protocol put in bullish market structure on the daily chart.
This also lines up with the channel that is currently sitting on the support.
While I do think we could go down a little bit against bitcoin and Ethereum, we are getting very close to a major breakout they could see perpetual protocol go up over 100% in a very short...
We've seen SUSHI react quick off support levels in the past and there's no reason to believe this won't happen again.
PS I'm sorry about the noise levels. I didn't realize how close I was to the microphone.
As we see CRV get squeezed on all the pairing charts, we should be trying to compound our CRV holdings by buying support and selling resistance. My idea is to continue this until we see a clean breakout and retest to go into mega-bull mode on Curve.
The charts look great in my opinion and as long as we hold support, this plan is valid for me.
I'm going to keep a close eye on this one as early investors are now unlocked and leading to extra selling pressure.
We could easily get back to that trend line and it's a must buy.
I don't plan to sell this for a quite a while as I see a lot of attention moving to decentralized protocols as more KYC rolls out.
$100 PERP is easily attainable by EOY.
Trend line bounces don't get any cleaner than that. I believe RIOT is in a great place to make a breakout run if the market can hold itself together.
With the R:R being what it is, it's worth the risk to me.
While the short trade is there, I'm mostly keeping my eye on that bottom trend line to accumulate more CRV before the next major breakout move.
I love how aggressively it rebounded on this last dip. That gives me tons of confidence that the breakout here will get us to that $3.40 range in quick fashion.
I'm really liking the confluence of multiple signals. We've had a bounce off the short-time-frame Super trend. There's an inverse head and sholder setup with a very clear neck line. When we flip the S/R line at 2500, there's a lot of room for this to run. Add that both Supertrends are Buy signals and I'm sold this is a good play.
I'm watching this multi-month consolidation pattern play out and loving the opportunity to buy this lower trend line. When BNB breaks out of this later this year, it's going to be epic for the entire BSC ecosystem.
With LUNA sitting on the support line against BTC, this is an extremely low risk and high reward play. I'm looking to take small profits at the ATH and letting a good chunk of this one run for a while. If Defi is heating up again, LUNA will make some serious gains.
I missed my ideal entry on the retest of the 23 cent support, but there's still plenty of juice here.
I'm watching 3 zones on the climb that I may try to take some profits and/or compound.
The best case scenario for DOGE to make this happen would be a calm and ranging BTC. Alts have some room to make up and you can see that really starting today.