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)
Chilizusdt
CHILIZ in a falling wedge 1 hour chart.Folks,
CHILIZ still one of those coins I personally have high hopes of because it operates as a social coin and is giving real value to people..
We saw a breakout earlier on the daily chart with a corrective move now..
If we look up closer for example on the 1 hour chart we see a falling wedge pattern with the RSI around 51 and still a little trend remaining(ADX) around 21..
This can be a setup for a next breakout..
CHZUSDT , We should wait to see what it will happen then ...Hello everyone
According to the chart of CHZ , After downward trend and drop price we have a key and this time the price is conflict with the sensitive zone
In here we have 2 scenarios , the first one and that one we think have more chance to happen is the first one because of the condition of market and most of the cryptos are growing but CHZ is not growing very well , for the first scenario we need to break this sensitive zone and after pullback we can take signal and take long position or buy , For the second scenario we need the price at first fall down the in pullback we can take short postion and entrance it
Being patient guys and we will publish new chart of CHZ after break
CHZ is one the most powerful project that working in NFT base
Good Luck
Abtin
chz 4h analysishello friends :
CHZ is now heading towards the resistance area.
We will see a good rally in CHZ only after it breaks and holds above $0.36 levels.
The good support area for CHZ is $0.3-$0.32 and you fill your bags in this range
. CHZ did a lot of partnership with in the last few months. Wait for a breakout of 0.36 or retest before opening a position.
have a good day
CHZ - CHILIZBelow is its 83-day resistance
There are good conditions for the failure of this resistance (my prediction is the failure of the resistance)
To enter, you either have to wait for the resistance to break and buy at Pullback
Or if the resistance is not broken, buy in supportive areas
It is an extremely valuable coin, be sure to have it in your portfolio
Chiliz CHZ/BTC to 950 satoshis ?"It is September. Very busy month ahead of #chiliz & #socios. Will prepare a livestream AMA with a LOT of things to discuss (NFTs, strategic exchanges partnerships, new teams, new sports, new features, marketing, chiliz chain, socios cup, etc ...). $CHZ #bemorethanafan"
#CHZ CEO says
Major NFTs and Strategic Partnership Announcements are coming in This September Month
I keep accumulating #CHZ, the first resistance break caused another triangle to form which gives us a target of 900-950 satoshis.
Assuming the CEO's news is effective I think we can see a further increase in price.
Targets “850 - 950 - 1050 ”
Chiliz won't be chilling for much longerCHZUSDT had an 80% which is usually what a coin needs in order to complete its cycle and then start a new one. We've seen countless coins over and over, and especially in this alt season really bottom out anywhere between 70-95% down from their ATHs, no matter how big their previous pump was. Now CHZUSD has reclaimed some key levels and looking healthy.
CHZBTC (and CHZUSDT too) went through a massive accumulation period before CHZ started pumping like crazy. I really doubt it will go back down to retest that breakout, as currently CHZBTC looks like a slow reaccumulation that has ended and the price is ready to moon again. Most likely it will be slow, but for now it definitely looks bullish to me.
Chiliz is a well established platform, keeps growing and touches several of the most important markets like sports & esports in ways no other platform does. As gaming, gambling and nfts are booming, CHZ is definitely one of the best tokens to bet on despite it lagging so far. Maybe AXS, ENJ, MANA & SAND are better than CHZ (talking about big nft related cryptos), but it is definitely one to have for multiple reasons. The most important one to me is the fact that CHZ has been added to Coinbase, Bitstamp and Kraken which are definitely huge additions and could boost the price.
CHZ -update targets- chiliZ-usdtHello traders!
🐢
Bearish if we break below support line here on chart.🐻
I am looking to see if we can hit some more of our bullish targets!👍
This is just my current technical view on chiliZ token and targets.
For a more fundamental approach, feel free to check out previous posts linked to chart, or do more research on Socios.com where you will find loads of great info on this little gem💎.
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
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!
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.
CHILIZ DIVERGENCES GET OUT!!!HI Folks,
CHILIZ once made hell of a money with this coin so I have some sort of weakness for this coin.. But for now the trend is ending, I suppose.. At least the technicals are pointing that way.
So we talk about high probabilities. It still can operate the other way. BE AWARE.
Note that. Prices are going up, with small candles, without lots of volume. That is an indication of price losing momentum. That is true.
The momentum oscillator is making lower highs and lower lows while price is moving up. DIVERGENCE.
I have learned that momentum is a frontrunner of price. When momentum declines price will eventually decline (high probability)
Thereby note that the RSI is also declining. DIVERGENCE 2.
I expect price to test resistance and will fail to break and will fall down to 1st support to test this support line.
When it doesn't hold we fall back in the under region of the trading range again.
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Follow for more to come.
CHZUSDT Has Formed a Large Green candle at Support
Welcome back Traders, Investors, and Community!
Hi Traders, CHZUSDT on H4 has formed a large green candle at Support zone 0.229 it’s expected to go higher
⬆️Buy now or Buy at 0.229
⭕️SL @ 0.209
✅TP1 @ 0.277
✅TP2 @ 0.356
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day