Chiliz CHZ price "gives signals" of possible growth soonCHZ price was expected by many to grow during the World Cup, which is coming to an end, as Chiliz is one of the sponsors.
But the CHZUSDT price was falling all the time.
And now, at the end of the World Cup, CHZ buyers began to restrain the fall by purchases, and for the last few days, the price has been testing the liquidity zone of $0.125-0.140 from above.
Some kind of inversely proportional effect from the sponsorship turned out)
It seems that in the coming weeks, the CHZUSDT price has every chance to make +90% growth . It will be "very funny" if the growth impulse starts immediately after the end of the World Cup)
From the point of view of risk management, we believe that buying CHZ in the range of $0.125-0.140 is quite balanced in order to gain a long position. Medium and long-term growth targets are $0.259 and $0.55, respectively
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Chilizforecast
CHZ (Chiliz) / USDT (Binance) Technical analysis Hello,
Chiliz is associated with football fan tokens, and before the start of the FIFA World Cup in Qatar in 2022, the price was moving in an uptrend direction, and most of us expected some bullish movement to continue. The FIFA World Cup 2022 began on November 20, and the price of Chiliz was around $0.24 on that date. From November 20th, the price began to fall steadily until it reached its current level of $0.13. I am expecting that CHZ will change direction at position 1 or 2 on my chart, and we can expect the price to go back to $0,16. My prediction is that it will be bullish until the end of the tournament (FIFA, World Cup 2022), and that after the 18th of December 2022, or possibly a little later, it will turn bearish and enter a downtrend. If we are still going to move in a downtrend, then the next target is $0,11, and the strongest demand zone for Chiliz is at $0,08. My signal for trading CHZ / USDT is to go long on position 1/2 on my chart. The end of the FIFA World Cup 2022 in Qatar could have an effect on the price of this token.
Enjoy and have an amazing day!
BF
Chiliz (CHZ) is the most dangerous altcoin!Hello, everyone!
This is the bonus analysis for today. I decided to consider the Chiliz because it’s pumping and have a huge interest because of that. I wanna warn you, buying this altcoin could be dangerous, not because of it’s pumping against the market, because of how it is pumping. It has too clear structure that can give me an idea that the target for CHZ is very low.
This is the daily time frame of the CHZUSDT chart. Here we have the confirmed 5 waves structure which have been already ended. I defined it because the price reached it’s target zone and confirmed waves 3, 4 and 5 with the Awesome oscillator divergence and zero line cross under.
Today the price pumped and found resistance exactly at 0.61 Fibonacci retracement. I think the game is over. Wave 2 is finished and next couple of weeks we will see the huge crash in the wave 3. This thought perfectly confirms our setup for the Bitcoin. Crash is imminent, guys. Prepare your bags!
Best regards, Ivan
CHZ 1D Several possible scenarios for the coming monthsIn fact, on the chart of CHZUSDT from March 15 and so far continues the process of sales and new purchases. That is, the process of redistribution of CHZ asset between buyers and sellers in consolidation has been going on for 7 months.
Now we see on the chart that the price of CHZUSD has stopped again under the strong mirror level of $0.375.
From this point we consider that there are 3 real scenarios, and we will describe them below, and they should be watched carefully:
1) Green — the most positive, the maximum possible correction in the area of $0.275-0.30 and further growth with the target of $0.87.
2) Yellow — the critical point of correction for continuation of up-trend in the near future, there, is about $0.19. The price retention above this level may be delayed in the time frame, but the prospects for the possible growth will grow to the area of $1.50-1.70
3) Red — fixing of the price below $0.19 will open the way for the continuation of the fall to the lower border of the channel, which is near $0.08
Given that the forecast for Chiliz price movement in the future covers a long time horizon, it is difficult to say which scenario is most likely. We recommend reading carefully the conditions of scenario fulfillment and to adhere to them, if you believe in such possibility of events development.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
CHILIZ bouncing support ? 1 hour chartFolks,
We back at it again.. You know tuning the charts is what makes me happy and i love doing it..
I am here with a carefree state of mind.. so nothing on the chart can cause me to feel fear or euphoria..
I am totally open for what the market perspective is offering me.. There is only 1 truth and I really mean 1 truth in trading... that is how you feel.. because how you feel determines what you believe and believe me you trade your beliefs..
Be careful..
In my eyes bouncing of this support line is A HIGH PROBABILITY.. if we scroll back in the past you can see the importance of this resistance becoming support line..
As a resistance line it has been tested several times and when it became a support line it has been broken once and got retested and stood the test afterwards..
We are here testing again..
The 1 one that sets me positive is when you scroll down to the recent price action, candlesticks, you see long wicks from under to top..
That means bulls reject lower prices.. (at moment of writing)
Are we going to see a accumulation to break upside??? wait for confirmation for prices CLOSING higher than 0.31 (aggresive traders)
RISING WEDGE ON CHILIZ. WATCH OUT!Folks,
We see a Rising wedge on the 4 hour chart.
plus shadows that meet exact the same price. If it were 2 days in a row meeting the same high than it would have been a Tweezer TOP and that is known as a very bearish signal and could mean a major reversal.
Ok it ain't 2 days in a row but I would interpret is as some sort the same because bulls can not push prices higher and we have to watch out. This in combination with the Rising Wedge means double trouble.
Be AWARE and make sure your stop loss is wel set!
Buy Chiliz please.....CHZUSD ( Chiliz) Chiliz is a currency option for blockchain-backed products & services geared towards mainstream consumers. We want to elevate everyday experiences – fan engagement in entertainment, alternative payment solutions for conventional products, and more.
Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences.
CHZ/USDT BINANCE (FALSE BREAKOUT) DODGE THE BULLTRAP
I added this chart many days ago but I'm daily updating it according the new events. As I expected we reach my first buy zone, if you took congrats, but as i marked was possible a pullback, since the bearish power is stronger (Check DMI/ADX) still red in 4h and Daily timeframe. I knew no matter how many "pumps" would announce wouldn't be enough, also according bitcoin movement it's hard a big bullrun without BTC.
Updated: Added the bulltrap region, where you can expect pumps and dumps.
Also another possible bulltrap zone behind the first. Should put an eye.
-Buy zone:
1- 0.49-0.50
2. 0.20 - 0.29
What I wish:
1. 0.18 : This will only happen if btc goes to the lowest point of the cycle. Might an event like Gemini cash outflow or miners outflow would take an action here.
I also made a forecast of how it would go. I wish a $1.28 as new ATH but the most probably thing is a max 0.9$ after the reversal movement.
CHZ 1D Be careful, rapid growth needed correctionThe CHZUSDT pair has collected the most votes in the digest "Weekend Bitcoin" 12, so that we need to analyze it.
Of course, such vertical growth is difficult to analyze, but we will try)
The most optimistic variant for the CHZ, in our opinion, is a correction to the $0.30 area and from there growth to the $1.40-1.50 levels is possible.
More negative scenarios are a drop in the price of CHZUSD to $0.15 $0.08 and even $0.05. We understand - this sounds scary, and we will get a lot of hate, but such are the realities of the crypt and everything is possible here.
But there is a note of positive - that even such a deep fall will leave the price of CHZUSDT within the parabolic growth with global targets of $1.50, or even higher.
The moral of this topic: use stops and fix your profits in time , because the bull market can not only grow all the time, but also correct, and sometimes it is deep and painful for the deposit.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)