ETHUSDT : Another BullRun ? Let's See Do you remember this analysis of #ETH ? See how he reacted when it reached Bearish OB , 30% drop from exactly the same range! Now let's go to update the Ethereum analysis in the next post!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.08.2022
⚠️(DYOR)
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Chiliz
Chiliz CHZ below $0.24 in the huge flag - what next?Chiliz CHZ below $0.24 in the huge flag - what next?
If price gets above this volume profile resistance next target would be $0.48
Maybe more likely a move to the lower flag border at $0.06 - a hidden bearish divergence is concerning
Overall a huge flag with bullish chart outlook on long-term
Comments & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
CHZ/USDT Elliott Wave count 4H TFChiliz into an ABC correction after a leading diagonal impulse to the downside.
I entered long here with targets into the box. I will update TP after I see more price action, but I am expecting to hit 0.5 or 0.618 fib retracement of the impulse.
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$BTC Important Analysis (READ THE CAPTION) The market is still accumulating and we have to wait for the realization of the desired scenarios! The first scenario will be realized if the price consolidates below $19,500, and the movement towards $18,400 to $18,900 will be its important target (after that, we can look for a trigger for a BUY position in this range! The second scenario also happens if the price consolidates above 20,600 $ will be realized and its initial target will be $21,100 and then $21,900!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.05.2022
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CHZ/USDT Elliott Wave count 15min TFChiliz is into an leading diagonal that I think will end into the top of subwave A fom B wave of the bigger flat pattern soomewhere at 0.22120.
This leading diagonal probably is wave 1 form C wave.
Take a look also to the related idea that I publihed yesterday.
I will keep updateing this count. I am long on CHZ so if you like my analysys give me a like and subscribe for future updates. Thank you and good luck!
Golden Cross and Bullish Flag, $1.7 On weekly chart,
BINANCE:CHZUSDT has some signals for next bullish to 1.7
#1 - Completed the correction wave at 0.81
#2 - Bullish Flag touched lower channel and bounce back.
#3 - Touched and bounced from Important Trend Line
I figure out target of 5th wave at 1.7 with golden ratio 2.0 Fib from 0.81 which is the 4th wave.
Let's wait and see.
CHZ/USDT Elliott Wave count 1H TFChliliz ended a 5th waves move to upside and now I think it Will go into a correction phase ABC flat pattern. It will be extended we will gonna see.
I entered long on CHZ with targets into the box for an other ABC correction that will be the eave B from flat correction. Good luck!
$CHZUSDT Chiliz overextended?Chiliz $CHZUSDT has had an awesome three digit percentage run up in the past few months and is in profit for anyone who bought in from May'22 onwards. The same cannot be said for most Cryptos in the same time period.
For nimble Crypto traders, analysing projects that have shown such incredible strength relative to the broader market is incredibly valuable as it highlights the constant opportunities to be found in Crypto trading, despite mainstream/retail narratives to the contrary.
We can see that Chiliz had a sharp divergence from Bitcoin (blue line), which it was previously tightly correlated with, starting 27 July '22.
Since May, as the major indexes (especially SPY) and inflation/FED hawkishness doom and gloom has spread to risk-on assets, pulling Bitcoin back into critical $20k USD levels, Chiliz instead continued an incredible run up, putting on a staggering +150% from the 27 July '22 trough to the peak 31 Aug '22. If you timed a long properly here, you made bank.
As we can see, the action even defied the VIX doom candles on 1 Aug and 22, 23 Aug. Chiliz has been partying! Go Chiliz! Lately it has been respecting the VIX's violent swings. Market conditions are currently volatile. We may see it come back into line with Bitcoin's ups and downs, and if this is the case, then the probability of support being tested increases.
Considering the larger market forces in play, there is elevated risk with overextended Cryptos, so be cautious about going long at these levels. Personally I would spread buy orders down at levels of support.
Obviously the best time to go long was at the beginning of the divergence back in May, as it smashed through overhead resistance as whales poured in, and we saw over 150% of gains in just a few months.
Could we head higher? Sure, but as we head into September with weak market conditions I think more probable is a retest of 0.16 (weak support) or 0.13-0.15 levels (stronger support).
Reducing this to the simplest broader market risk consideration: if Bitcoin stays beneath heavy resistance in September, in line with the major indexes, its gravitational pull will become stronger and stronger on Chiliz.
Zooming out for big picture/long term HODLERS, Chiliz fundamentals smell like success to me - a confluence of industry strength. Sports are on fire, they are focused on the spicy South American market, where crypto adoption is ahead of the curve, especially social apps and finally, aggressive collaboration with top brands like UFC, NFL, top Soccer teams, etcetera. Chiliz offers a blockchain interface between fans and their favourite teams, which creates a use-case for the $CHZ token through socios.com. It's a perfectly good business model, a persistent niche due to sporting teams not having found effective ways to have immersive apps/digital experiences. Digital collectibles in conjunction with the blockchain can offer a better experience (if executed properly) - i.e. it's still confusing for "boomers", but all it takes for grass roots growth is someone showing them on a smartphone "how it works", hence CHZ may be a long term stayer if its socios.com product becomes a major player with fans and apps for their favourite sporting teams and digital collectibles.
NEW Analysis of $BTC : Long or Short ?Two possible scenarios for Bitcoin ! The second scenario will be confirmed if the price consolidates below $19,600, and if it is not consolidate , we can expect the first scenario to happen ! The appealing zone for BUY position is in the range of 18600$ to 18900$ !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.28.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Ascending Triangle on CHZHello guys ,Today i saw an interesting ascending triangle on Chiliz and i thought it will be a good setup.
the price is on the bottom of the triangle and if it doesn't break it you can do this scenario.
open your position between 0.2200 and 0.2300 after break out.
first target is 0.16500.(it's safe to close your position)
put your stop loss above 0.2600.
but if it's going to break the Support line, you can wait for funda analysis because it will be so bearish.
i may edit this analysis because of funda , check this later.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
CHZ/USDT: Strong bullish momentum on going---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
CHZ/USDT: Strong bullish momentum on going
Context
- The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - CHZ is one of the coin outperforming the ETH
- We are watching at 0,3280 as resistance to re-integrate to provide a clear recovery signal in parallel of 2170 ETH
- Watch 0,1360 as key Tactical support
Market configuration
- Graphical Elements :
Graphical Resistance = 0,3280 & 0,53
Graphical Support = 0,1360 & 0,08
- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 0,1590 = Bullish
RSI indicator (below) is now above 50% = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B has been already reached = 0,08
Fibonacci resistance of the wave in progress = 0,3280
Fibonacci support of the wave (2) = 0,08
Fibonacci Bullish Target = 0,3280 & 0,53
Conclusion
Preferred case => As long as 0,1360 remains support we are looking to buy the dip in the buying area (0,1590) in order to test and then surpass 0,3280, before opening a further rise towards 0,53
NOTE: CHZ is actually outperforming ETH - We consider CHZ as a relevant coin to keep in portfolio
$CHZ (Chiliz) Daily Update : +150% ✅And this is the update of Chiliz : These days, contrary to the main market trend, we have seen a good pump from $CHZ , and since its introduction and first analysis , it has yielded more than 150% ! Considering that it has reached an important supply zone , you can take your profit (short-term and medium-term traders ) and the holders can still keep it for higher targets!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.24.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Chiliz (CHZ) - August 24Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(CHZUSDT 1W Chart)
The 0.1858-0.2460 interval is the interval that determines the trend.
Therefore, if it rises above 0.2460, it is expected that it will lead to an upward movement to the next section, 0.4869-0.5471.
However, the key question is whether it can move higher than 0.3665.
(1D chart)
A break above the 0.2695, 0.3034 and 0.3319 points is required to move above 0.3665.
To do that, you need to make sure you can get support in the 0.2402-0.2640 zone or higher.
If not, you should be careful as the pull back pattern could lead to a drop near 0.2079.
The 0.1858-0.2460 section is a trend-determining section, so it is highly likely to lead to further upside if supported in this section.
However, as it is currently higher than 0.2460, if it falls below 0.2079, it is highly likely that it will lead to further declines, so be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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BITCOIN 4H TA : Bull Trap ? Well, as you can see that the price is moving in the same range , pay attention to one thing that when the market makes such a beautiful Low Swing , usually a big liquidity pool is created from SELL STOPS , which can create a trap for small BUYERS ! The previous analysis is still valid ! What Is a Bull Trap? A bull trap is a false signal, referring to a declining trend in a stock, index, or other security that reverses after a convincing rally and breaks a prior support level. The move "traps" traders or investors that acted on the buy signal and generates losses on resulting long positions.
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHZ - Coin is stronger than a market!📈Take a look at this beautiful setup!
⭐️ Coin rose when BTC fell
⭐️ BTC looks bullish
⭐️ Domination looks bearish
⭐️ We have volume at bottom, someone is holding the price
⭐️ Enter on 4th approach after trap
⭐️ Squeezing to VWAP
Will enter when price makes a trap, then slowly squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
Chiliz back in triangle pattern - next target: BREAK resistanceChiliz back in triangle pattern - next target: BREAK resistance
CHZ avoided the bearish scenario and invalid the textbook breakout of descending triangle
Now we are at a strong resistance from ATH
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing