Chiliz
Current Trends and Price PredictionsThe recent analysis of CHZ indicates a period of range-bound movement over the past month. Throughout this time, the currency's value has fluctuated within the resistance range of the main descending channel's midline and the support level at $0.0736.
Reactions to the midline of the channel have been consistent, and noteworthy resistances are currently positioned above the current price. Breaking through these resistances would require significant support from major market traders. One potential indication of such support would be a surge in trading volume, leading to a possible increase in the price of Chiliz currency up to the upper limit of the descending channel.
However, it's important to note that this signal has not materialized on the chart yet, and patience is advised. For the short term, the outlook is more bearish, with a potential for the price to retreat back to the support range of $0.0700 for CHZ. Should a positive reaction occur at this support level, it could prompt a new upward movement towards the top of the channel.
CHZ (Chiliz) Token Analysis 13/04/2021initial Analysis where we had our initial Token Purchase and opened Derivatives Contracts where we Achieved our Targets.
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Fundamentals:
Chiliz is one of the largest blockchains for esports and gaming crowdfunding. Officially launched in 2019, the idea for Chiliz and the platform Socios.com were initially conceived in 2016. Chiliz is a token designed to allow fans to support their favorite sports teams through blockchain-based interactions.
The Socios.com platform also aims to allow fans to buy tokenized voting rights for the teams they support. Football club Juventus was the first to launch a team token through the Socios.com website. Since then, more than a hundred different teams have joined the platform. Chilliz has attracted the attention of competitors from a wide array of sports, including football, basketball, and esports teams.
Chiliz and Socios.com claim to be the first platforms to build a bridge between blockchain technology and the sports world. By issuing blockchain-based tokens, Chiliz ensures that fans have their investment secure and protected while participating from anywhere in the world.
Chiliz and Socios.com allow sports fans to participate in the management of their favorite teams. By buying fan tokens, users secure voting rights and participate in votes announced by the teams on Socios.com. This further boosts the decentralization features offered by the Chiliz blockchain.
The Chiliz blockchain relies on a proof-of-authority (PoA) side chain consensus mechanism for security. Unlike proof-of-work (PoW) and proof-of-stake (PoS), PoA relies on the reputability of already established validators for the creation of new blocks.
To make transaction processing as fast as possible, the PoA consensus relies on a Byzantine Fault Tolerance (BFT) algorithm with identity as a stake. It is more cost-effective than the PoW consensus in terms of electrical and computing power consumption.
Alexandre Dreyfus is the founder and CEO of both Chiliz and Socios.com. His professional portfolio includes numerous CEO positions. Dreyfus has also founded Webcity, a city tour-guide platform used across Europe. He has played a founding role in the creation of Winamax, the first-ever French online poker platform. Alexandre Dreyfus graduated from Lycee Jean Perrin in 1995.
Emma Diskin is the chief operating officer at Chiliz. She has been with the company since 2018 and has moved up the ranks, starting with a communications director position. Her professional career began as an account manager for Freud Communications in 1999. Since then, she has been an employee for brands like the Daily Mail and ITV, before joining Chiliz and Socios.com.
Max Rabinovitch is the chief strategy officer for Chilliz and Socios.com. He graduated in fine arts and psychology from the University of Colorado Boulder in 2008. Rabinovitch’s professional experience began as a head copywriter for Intersog in 2010. A year later, he became the creative director for ComboApp Inc. Since 2014, Rabinovitch has been an integral part of the Chiliz team.
Chiliz (CHZ) has a total and maximum supply of 8,888,888,888 tokens. The circulating supply as of March 2021 is about 5,441,098,420 CHZ tokens.
Of the total CHZ token supply, 34.5% were distributed through a pre-sale event and additional token sales. Another 20% of tokens were set aside as a userbase reserve, dedicated for future users of the Socios.com platform. Around a sixth of all tokens were directed towards strategic acquisitions. About 7.5% of CHZ tokens were given as an incentive to seed investors. Finally, 5% of tokens were given as a reward to the team and 3% were distributed among the advisors of the project.
The live Chiliz price today is $0.511672 USD with a 24-hour trading volume of $1,123,683,811 USD. Chiliz is up 8.87% in the last 24 hours. The current CoinMarketCap ranking is #45, with a live market cap of $2,858,383,305 USD.
Technical Analysis:
As you can see the price has done its Initialization and accumulation followed by a big impulsive cycle and retracement to the Fibonacci Retracement Gulden Zone.
Currently is Consolidating and reaccumulating at the Fibonacci Golden Zone.
There are possibilities that the price fall to the Support area before Starting the Second Impulsive cycle to the higher Levels.
There are total of 3 Targets Defined by Fibonacci Projection of the Initial Impulsive wave where as the 3 TP gets its confirmation as the 2 TP gets triggered followed by some Price Correction and Reaccumulation.
Sentimental Analysis:
as we have seen the aggressive behavior of this Token, followed by its Inclination towards the Proper retracement and settling for reaccumulation and the Strong Fundamentals and Daily Increasing its Market Cap, we can feel a very Bullish Sentiment around this Token
CHZ long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
In Downtrend Channel | Short BiasWeekly Chart
Chiliz ( BINANCE:CHZUSDT ) has broken down the support level ($0.0811) and closed below that level. That red candle shows strong selling pressure with RSI Oversold.
I expect CHZ will down more leg to around $0.04
Chart 4H TF
Chiliz's in triangle pattern. If price can breakout, CHZ can retest Previous Ascending Trend Line.
Wait and see
✏️ $BTC : Wow , 30K ! What's the NEXT Trend ?Well, as I said in the previous analysis, our first Fall target, which was the range of $23,900 to $25,300, was a very important demand range, and we waited to see the price reaction to it so that we could talk about the next trend, now, As you can see, after reaching this level, the price was accompanied by demand pressure and was able to grow up to $30,800. Now the price is in the range of a Bearish Order Block, but the possibility of a stop hunt to collect liquidity above $31,100 is high! Take care of your positions in this important zone !
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Best Regards , Arman Shaban
The Last Update of CRYPTOCAP:BTC :
The Last Last Update of CRYPTOCAP:BTC :
The Last Last Last Update of CRYPTOCAP:BTC (The Main TA)
Best Regards , Arman Shaban
✏️ XAUUSD : PMI is on the way , BULL ? Well, as I expected, according to the latest price analysis, it managed to break the specified support and with a 200 pips correction, it was able to fall to the $1910 level! If the price can maintain the support of $1909, I will give the possibility of a corrective move up! Considering that the PMI statistics will be announced today, this trend can be accelerated, but note that the most important support level is $1909 at the moment!
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Best Regards , Arman Shaban
🔥CHILIZ READY TO EXPLODE AFTER 110 DAYS RANGE: R U READY?🔥Hi, friends! Chiliz is in consolidation for more than 100 days. It's enough for the whales to accumulate a lot of coins and start to pump the price.
Now the price fell by -20% after the trap during the trendline breakout. I expect one more local dump after the next attempt to break the trendline.
📊 TRADING PLAN FOR CHZ:
1. the trap of the long traders during the next squeeze to the trendline
2. pullback to $0.178-0.182 value area
3. volume growth
4. bullish BTC
🚩 As you can see, the volume growth during the fall indicates about that the bottom area reached or will be reached soon.
✅ THE MAIN TARGETS FOR CHZ:
🔥 $0.135-0.139 - the value area
🔥 $0.15 - the even number and key level
🔥 $0.179 - the local high and the key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
CHZUSD: Holds Demand Line as it Attempts to Spring Above SupportChiliz after Retracing to the .886 PCZ of a Potential Bullish Deep Cypher has bounced back into a Previous Zone of Support and is now Holding on to a Potential Demand Line.
It also appears to be double bottoming on significant timeframes at these levels.
If CHZ can successfully hold the line here we could see it go up to target the Neckline of the Double Bottom at and if things go really insane we could see it make a full upside .886 Retrace.
🟢 BITCOIN : Time for LONG ? Let's SeeBy examining the recent analysis of Bitcoin, we see that as we expected, the price managed to hit all 3 targets that we had announced and fell from the range of HKEX:30 ,000 to HKEX:28 ,000! Note that the assumptions of the previous analysis are still valid (important demand levels).
Before :
After :
Previous Analysis : The range of 27800 to 28100 is one of the Strong and attractive demand zones for long position!!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.21.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ArmanShabanTrading |🔴 BITCOIN : Short or Bull ?As you can see, in the 4-hour time frame, Bitcoin is preparing and heading for a price correction. If it penetrates and stabilizes below HKEX:29640 , we can expect a deeper correction of the price. The possible targets of this drop are HKEX:29 ,390, HKEX:28 ,590 and HKEX:28 ,080 respectively! The range of HKEX:27 ,800 to HKEX:28 ,100 is one of the Strong and attractive demand zones for long position!!
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.17.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BITCOIN MAP The best asset to invest in depends on your investment goals, risk tolerance, and financial situation. Some common asset classes that people invest in include stocks, bonds, real estate, commodities, and cryptocurrencies.
Stocks can provide high returns but come with higher risk due to market volatility. Bonds offer lower returns but are considered a safer investment. Real estate can provide steady income through rental properties and long-term appreciation, but it requires significant upfront investment. Commodities such as gold and oil can offer a hedge against inflation but are subject to fluctuations in supply and demand.
Cryptocurrencies such as Bitcoin and Ethereum have gained popularity as an investment option due to their high potential returns, but they are also considered very risky due to their volatile nature and lack of regulation.
Before investing in any asset, it's important to conduct thorough research and seek the advice of a financial advisor to make an informed decision that aligns with your investment goals and risk tolerance.
#BUY #BITCOIN
(BONUS)
#BUY #FANTOKENS (#CHILIZ - #SOCIOS )
#BUY #ETHEREUM
#BUY #XRP
#BUY #LITECOIN
✴️ Chiliz 100%+ Trade Signal by RequestOne of our dear friends requested the numbers for Chiliz (CHZUSDT), I shared CHZBTC yesterday and you can find this one in the "Related Ideas" below.
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ENTRY: $0.1250 - $0.1450
TP1: $0.1620
TP2: $0.1788
TP3: $0.2020
TP4: $0.2272
TP5: $0.2575
STOP: Close daily below $0.1200
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You can define your own risk.
Remember trade to trade wisely.
This is not financial advice.
I wish you tons of profits, wealth, health and success.
Thank you for your continued support.
Namaste.
✳️ Chiliz 150%+ Potential | Trade SignalAs usual, there are just too many opportunities but that is good...
We've been anticipating this bullish wave and it is now taking place... All that remains is to sit back, relax and maximize profits in preparation for what will happen next.
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ENTRY: 0.00000410 - 0.00000480
TP1: 0.00000544
TP2: 0.00000630
TP3: 0.00000771
TP4: 0.00000888
TP5: 0.00001000
TP6: 0.00001140
STOP: Close daily below 0.00000400
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This is not financial advice.
Just sharing my thoughts, views, opinion and experiences.
You do the clicking, the buying and selling, you are an adult, we are responsible for our own actions.
I am not responsible for your actions or decisions...
With that said... I am wishing you tons of happiness, love, abundance, health, success and wealth.
Namaste.
ArmanShabanTrading |🔴 XAU/USD : Bull or Bear ? By examining the gold chart in the 1-hour time frame, we have reached 3 important scenarios, each of which is specified based on the percentage of realization on the chart, pay special attention to the important levels of supply and demand and liquidity pools !
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.03.2023
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHZ CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ Chiliz 100%+ Trade SignalHere is a trade signal for Chiliz after a higher low.
Risk is set at 20% while the potential goes to 100%+.
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CHZUSDT
ENTRY: $0.1050 - $0.1255
TP1: $0.1440
TP2: $0.1730
TP3: $0.2200
TP4: $0.2540
STOP: Close weekly below $0.0960
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Make sure to do your own research before trading.
This is not financial advice.
Namaste.