$CHZ Second biggest bag. Same story as $HOT.
Betting on the fact that $SOL broke ATH and hit top fibs.
Expecting good performing alts from the past run up to perform the exact same.
It might not seem realistic now, but from the top to the last fib is really only 3x max for most alts.
Same time frame as $HOT; anywhere between November 2021 and February 2022.
Chiliz
Chiliz CHZ/BTC to 950 satoshis ?"It is September. Very busy month ahead of #chiliz & #socios. Will prepare a livestream AMA with a LOT of things to discuss (NFTs, strategic exchanges partnerships, new teams, new sports, new features, marketing, chiliz chain, socios cup, etc ...). $CHZ #bemorethanafan"
#CHZ CEO says
Major NFTs and Strategic Partnership Announcements are coming in This September Month
I keep accumulating #CHZ, the first resistance break caused another triangle to form which gives us a target of 900-950 satoshis.
Assuming the CEO's news is effective I think we can see a further increase in price.
Targets “850 - 950 - 1050 ”
Chiliz won't be chilling for much longerCHZUSDT had an 80% which is usually what a coin needs in order to complete its cycle and then start a new one. We've seen countless coins over and over, and especially in this alt season really bottom out anywhere between 70-95% down from their ATHs, no matter how big their previous pump was. Now CHZUSD has reclaimed some key levels and looking healthy.
CHZBTC (and CHZUSDT too) went through a massive accumulation period before CHZ started pumping like crazy. I really doubt it will go back down to retest that breakout, as currently CHZBTC looks like a slow reaccumulation that has ended and the price is ready to moon again. Most likely it will be slow, but for now it definitely looks bullish to me.
Chiliz is a well established platform, keeps growing and touches several of the most important markets like sports & esports in ways no other platform does. As gaming, gambling and nfts are booming, CHZ is definitely one of the best tokens to bet on despite it lagging so far. Maybe AXS, ENJ, MANA & SAND are better than CHZ (talking about big nft related cryptos), but it is definitely one to have for multiple reasons. The most important one to me is the fact that CHZ has been added to Coinbase, Bitstamp and Kraken which are definitely huge additions and could boost the price.
CHZ -update targets- chiliZ-usdtHello traders!
🐢
Bearish if we break below support line here on chart.🐻
I am looking to see if we can hit some more of our bullish targets!👍
This is just my current technical view on chiliZ token and targets.
For a more fundamental approach, feel free to check out previous posts linked to chart, or do more research on Socios.com where you will find loads of great info on this little gem💎.
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
chiliz / bitcoin .... buy and HODL for long termhello traders
buy chiliz with Btc and hold it
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 on-platform currency.
Chiliz (CHZ) broke out a triangleSymmetrical triangle:
on the daily time frame chart the price action of Chiliz was moving in a symmetrical triangle since the mid of May 2021. Now finally, the price action has broken out to resistance of the symmetrical triangle and moving sideways. Now there is a possibility that the priceline may re-test the previous resistance of this triangle as support.
Falling wedge:
While the price action has broken out the resistance of a symmetrical triangle on the daily timeframe, at the same time the priceline has also formed a falling wedge pattern on a very small time frame hourly chart. This falling wedge is considered as a bullish reversal pattern among the trader's community. Therefore if the price action of CHZ will break out the resistance of the wedge then it can imminently move to the tail of this wedge pattern which is at $0.275 cents.
Weekly EMAs:
On the weekly time frame chart, the price action is trying to break out exponential moving averages with the time period of 10 and 21. In the below chart it can be seen that after the recent drop the price action tested $0.18 support and then broke out the $0.235 resistance level. Now it is working as very strong support for the price action. If the price will be able to break out exponential moving average 21 then it can lead to a really very big move.
Huge BAT move:
On the weekly time frame the priceline has formed a huge BAT pattern. The sell targets for this BAT as per Fibonacci sequence can be $0.4337 to $0.7678.
Chiliz to .47 $ ?Before talking about any cryptoactive or altscoins, you have to know the state of the Bitcoin cycle, because the entire market depends on its behavior. Doing a brief technical analysis we can see that Bitcoin is currently trying to recover from a correction of -55.89% counting from its ATH: 64,895.22 USD to its ATL: 28,600.00 USD (using BITSTAMP as a reference price). Currently Bitcoin surpassed the EMA200 in daily candles which is a strong indication that it is resuming its uptrend which is enough to be able to take a look at alternative currencies such as Chiliz.
In the following graph we can see the CHZ / USDT pair in daily candles, we can see that Chiliz is in an accumulation phase within the second triangle since the middle of May, which is a strong indication that if the residence of said pattern is broken chartists we can see a takeoff of the price towards 32.20% fibo which is located at $ 0.476 giving us a profit of 83.83% of our entry. However, this is a medium-term scenario since everything depends on the fundamentals of bitcoin if they will allow the market to continue growing, if so, a deeper analysis could be done looking for 161% fibo of this trend in an ATH at 1.41 $ approximately. Again and insisting that everything depends on the trend of bitcoin since without it it is almost impossible to have a bullish analysis against the dollar in any alternative currency.
CHILIZ DIVERGENCES GET OUT!!!HI Folks,
CHILIZ once made hell of a money with this coin so I have some sort of weakness for this coin.. But for now the trend is ending, I suppose.. At least the technicals are pointing that way.
So we talk about high probabilities. It still can operate the other way. BE AWARE.
Note that. Prices are going up, with small candles, without lots of volume. That is an indication of price losing momentum. That is true.
The momentum oscillator is making lower highs and lower lows while price is moving up. DIVERGENCE.
I have learned that momentum is a frontrunner of price. When momentum declines price will eventually decline (high probability)
Thereby note that the RSI is also declining. DIVERGENCE 2.
I expect price to test resistance and will fail to break and will fall down to 1st support to test this support line.
When it doesn't hold we fall back in the under region of the trading range again.
If you like the idea and content please like or leave a comment.
Follow for more to come.
CHZUSDT Has Formed a Large Green candle at Support
Welcome back Traders, Investors, and Community!
Hi Traders, CHZUSDT on H4 has formed a large green candle at Support zone 0.229 it’s expected to go higher
⬆️Buy now or Buy at 0.229
⭕️SL @ 0.209
✅TP1 @ 0.277
✅TP2 @ 0.356
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Chiliz (CHZ) - July 20Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(CHZUSD 1W Chart)
It should move above the 0.28242521 point to continue the uptrend.
(1D chart)
It remains to be seen if the 0.18612834-0.24642812 zone can find support and move up.
If the price breaks out of the downtrend line and maintains the range of 0.24642812-0.36703768, the uptrend is expected to continue.
If it declines from the 0.18612834 point, there is a possibility of entering the mid- to long-term investment area, so you need to trade cautiously.
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(CHZBTC 1W Chart)
The support section is weak due to the sudden rise.
Accordingly, it is important to keep the price above the 615 Satoshi point.
(1D chart)
We need to see if we can break out of the downtrend line while maintaining the price in the 659 Satoshi-863 Satoshi section.
To continue the uptrend, it must rise above the 966 Satoshi point.
If it falls in the 615 satoshi-659 satoshi section, it can touch the 352 satoshi-455 satoshi section, so Stop Loss is required to preserve profit and loss.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking about the indicators in reverse.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations shown in charts
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(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.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Chiliz (CHZ) formed a big bullish setupSMAs and strong support zone:
The price action of Chiliz has broken down all the simple moving averages with the time period of 25 50 100 and 200. Now all the simple moving averages are working as a very strong resistance above the price action of the CHZ token. At the same time, the candlesticks of the Chiliz token also having a death cross formation between 50 and 200 SMAs above them, which is a very strong there is a signal.
But there is a very strong support zone beneath the price action starts from $0.235 and goes to $0.18. The stochastic oscillator is also in the oversold zone, therefore the price action can be reversed towards the upside form here.
Symmetrical triangle:
While the price action is moving above a very strong support zone at the same time the support is being lifted towards the upside and resistance is moving towards the downside. This movement of the support and resistance has formed a symmetrical triangle and the priceline of the CHZ has moved at the end of the triangle and now the triangle is getting squeezed.
Big harmonic bullish BAT:
Previously we had a nice trade of CHZ token.
Now this time on the weekly time frame chart, the price line of CHZ has completed the final leg of bullish BAT . There is also 50 simple moving average support in the buying zone.
The buy and sell targets can be as below:
Buy between: $0.2111 to $0.1177
Sell between: $0.4337 to $0.7678
As per the above targets, this trade has a profit possibility of up to 550%, and the loss possibility is 44% therefore in order to minimize the loss we should use the weekly 50 SMA as stop loss.
Note: Above idea is for educational and entertainment purpose only and not a financial advice. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Chiliz (CHZ) formed a huge bullish BAT for upto 550% big rallyHi dear friends, hope you are well and welcome to the new update on Chiliz ( CHZ ).
Previously we had a nice trade of CHZ token.
Now this time on the weekly time frame chart, the price line of CHZ has completed the final leg of bullish BAT . There is also 50 simple moving average support in the buying zone.