Chiliz
Chiliz Grows Over 100% On Low Volume | TargetsChiliz (CHZBTC) has been growing a lot in the last 5 days now reaching over 100% since it hit a low on the 25-Sept...
But how much further can it go?
The fact that we see now volume yet CHZBTC continues growing, means that there is no resistance on the way up... No sellers... So, this pair is likely to continue growing.
On the chart above you can find the next targets.
If CHZBTC moves above each target, then the next one becomes relevant.
If CHZBTC closes below a target/resistance level, then it is likely to move lower and test support before making its next move.
Right now the immediate resistance is sitting at 95 satoshis (0.00000095 BTC), followed by 106 and later 114.
The next main target is at 124 satoshis.
Depending on how these levels are handled, we can have a better idea as to what comes next.
The blue lines are the support levels.
And the red line at the bottom is the all-time low on this chart.
Thanks a lot for reading.
Namaste.
CHZBTC formed bullish cypher | A good long opportunityPriceline of Chiliz / Tether US has formed a bullish cypher and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
Volume profile of complete pattern is showing less interest of traders below potential reversal zone, but MACD is strong bearish and Stochastic is oversold but did not give any bull cross sofar so I would suggest to wait for MACD to turn weak bearish or bull cross from stochastic then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.006583 to 0.006239
Sell between: 0.006854 to 0.007505
Regards,
Atif Akbar (moon333)