CHZBTC forming bullish BAT | Upto 173% move aheadChiliz (CHZ) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the Chiliz (CHZ) price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00000084 to 0.00000067 sats
Sell between: 0.00000124 to 0.00000183 sats
So this trade has potential to give upto 173% big bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Chiliz
CHZUSDT formed bullish BAT | Upto 197% big move expectedPriceline of world's 109th ranked cryptocurrency out of more than 2300 cryptocurrencies Chiliz (CHZ) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
So as per Fibonacci sequence method we can set our targets as below:
Buy between: $0.007203 to $0.005613
Sell between: $0.010954 to $0.016682
So this trading idea has potential to give upto 197% big gains.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Chiliz-CHZBTC-
The price declined from 0.00000117 to 0.00000138, indicating a downtrend.
However, there is 0.00000095 ~ 0.00000104, the last section that can rebound.
-CHZUSDT-
In line with the inflection day around 18 December, the price touched the intersection of the 0.007200 point and the upward trend line.
You should check for support at 0.007200 and the uptrend line.
It should be regarded as the downtrend from breaking the 0.009837 point.
If you can keep the price at your current location, you may be able to try to hit 0.009837 one or two times.
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I think one of the important things in trading is determination.
I think nothing is as important as the determination to buy and sell in a good position.
If you judge carefully and make decisions accordingly, you are a good trader.
Chiliz-CHZBTC-
The key point is falling from 0.00000117 ~ 0.00000138 without receiving support.
It is hard to see where the next support point is.
You should be careful about trading.
-CHZUSDT-
After falling from the key point of 0.009837, touch the next key point of 0.007200 and the long-term uptrend line and stay in position.
If the rate fails to rise above the 0.008152 level, it is expected that the volatility will fluctuate around the 0.007200 point around December 18.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
CHZUSDT formed bullish gartley a good long opportunityPriceline of Chiliz / US Dollar cryptocurrency is has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.010006 to 0.009855
Sell between: 0.010125 to 0.010408
Regards,
Atif Akbar (moon333)
ChilizI will see it in the short term.
-CHZBTC-
I entered the big box section (0.00000117 ~ 0.00000138)
If there is no support from the box, we expect the downtrend to continue.
-CHZUSDT-
It is supported at 0.009837.
You should check if you can continue to receive support from around December 7 to December 8.
If it falls, there's a chance it will touch 0.007200.
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It is in a position to enter a full-fledged downward trend.
Be careful with trading.
I don't know where to get support, but when that happens I'll republish it.
Good luck.
ChilizLet's look at the short term.
CHZBTC chart was added.
A small box section is being formed above the support section between 0.00000117 and 0.00000138.
It is located near the 0.011540 point of support of 50MA.
You should check if you can get support of 0.011540 by December 7th.
If you fall from 0.011540, you might touch 0.009837.
The support and resistance of the interval between 0.012511 and 0.012799 appear to be significant.
We touched the expected target point of 0.018556 and fell.
If you arrive at the 0.014207 point, it might be a good idea to sell it to some extent to earn money.
Today`s ALT!!! CHZBTCBINANCE:CHZBTC
Exchange : Binance
Coin: CHZBTC
Buy Zone: 0.0000015~0.00000143
Target Point: 0.0000016/ 0.00000169/ 0.0000018/ 0.00000195/ 0.00000215/ 0.00000285
S/L: 0.0000014
Risk: HIGH
Term: Middle
You should be careful in buying CHZBTC because of Bitcoin
Wave 4 stopped at Fibonacci 382 of Wave 3
There was not much selling amount in spite of Bitcoin`s movement, so there is Bearish Divergence now
The Volume is almost down
It`s time to start Wave 5 !!!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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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)