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Chilizbtc

CHZ Channel This is the Chiliz (CHZ) logarithmic channel. Support for this downtrend has been added to the chart. The top channel is a sell area of peaks. I want to add that this is a great project and in looking into it you will find a lot of potential as crypto begins to go mainstream. I don't know if I have come across many projects in the past like Chiliz where they have already established so many partnerships and are so active in their space already. It appears that a majority of the groundwork has already been completed which is great. I consider this project to be a hidden gem, which it really isn't because I am sure most of you already know it, but I am not sure the majority is aware of Chiliz' progress. Chiliz appears to already have a working platform and has already hosted and is serving a customer base. www.chiliz.com www.socios.com Considerations: Crypto market starting to go mainstream from an NFT standpoint, trading standpoint, gaming standpoint, play to earn standing, we can be here all day to discuss the benefits. HUGE upcoming potential as adoption occurs. Everything in the world is at a standstill because of the effects of COVID. The entire world came to a halt from all development aspects. Chiliz main area is sports and entertainment, and as we all know this is an area that has been deeply impacted because of COVID. We are now also in the middle of a catastrophe between Russia, Ukraine, NATO, and USA which is effecting markets in the entire world. Because of a lot of reasons which again would take all day to cover, inflations is also through the roof and the entire world is uneasy about it. Conclusion: Given all the considerations at this moment in time we have a market that has been effected and a market that has a LOT of growing and recognition potential as things start to come back and as the world gets back on track. I see Chiliz as a great long term hold especially as progress on projects like these is floating under the radar and will most likely gain a lot of attention as the world starts to get back to normal. Sports and Entertainment are a huge part of our lives, and if they are not in your own personal life, trust me they are to the next person. This leaves HUGE potential for projects like Chiliz to thrive in. PS This is NOT financial advice. Please do your own research.
Long
by VercettiTrades
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.
Long
by TheLuckyLeandro
Chiliz Usdt Short Term Analysis (ChzUsdt)My favorite formation. both together. Candlestick chart stuck in a triangle and cup handle formation ready to form. I think there will be an increase as much as the initial height of the triangle, the room corresponds to an increase of around 50%. The daily volumes formed within the triangle (since July 27) are higher than the old volumes. There aren't from the smart pump after the first candle forming the height of the triangle. the room is already formed by the candle's wick. The volume is stable, the formation is like sugar ... it has tried the lower trendline only twice. Maybe it's worth a few more times while the handle is forming. I think it will see around 0.019 ~ 0.020. This is a personal amateur analysis. It does not qualify as investment advice. I wish everyone good luck.
Long
by ruble
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.
Long
by moon333