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Chiliz

Chiliz CHZUSDT - Huge symmetrical triangle +1000% GAINS!- Chiliz CHZ - Rank 65 on coinmarketcap. - We can spot a symmetrical triangle on the weekly chart, that looks really nice! - RSI is prepared for a huge pump to the upside. - Stop loss below the triangle. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
7
Chiliz symmetrical triangle and 200MACrypto markets looks very bullish. I can see symmetrical triangles everywhere. Chiliz also formed a very nice symmetrical triangle on a daily time frame. Chiliz started forming it back in March and has not yet broken through it. We can see that Chiliz has been under 200MA to this day and has tried to break through it quite a few times. Always unsuccessful. Looks like he could make it today. If it successfully breaks 200MA and then symmetrical triangle, this will be very bullish. The price target for a breakout or breakdown from a symmetrical triangle is equal to the distance from the high and low of the earliest part of the pattern applied to the breakout price point. This means that if Chilliz successfully breakout, the target will be at around 1,20$. It depends of the point of breakout.
BINANCE:CHZUSD
by Matej_
2
CHZUSD - 1W - giant compression ... which way ? hi guys, As you can notice Chiliz price is moving inside this huge symetric triangle since march. Triangle is close to its end. So what's next ? A symetric triangle is a 50/50 pattern. 50% down 50%up. We are currently sitting on the triangle support and between 0.618 and 0.786 fib retracement of the last wave up. This is an important level to hold. Close under I think we are going to visit the 0.16$ and then 0.12$ The huge resistance is @ approx 0.5$. A close above should send CHZ to the next fib extension levels. So this is still uncertain. The macro trend is bullish but be ready for both scenarios Like if you share NFA
BINANCE:CHZUSD
by Ayer