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CHZ
Chiliz CHZ price is suspiciously low🌶️ If we're not mistaken, #Chiliz is a digital sports and entertainment project with an office in Malta and "chinese roots", and if we're wrong, please correct us in the comments.
So, now CRYPTOCAP:BTC price is trying to adjust downward, and $CRYPTOCAP:CHZ price does not react at all and shows total stability.
Are we really going to see at least +50% movement of OKX:CHZUSDT price in the near future ?
_____________________
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CHZ/USDT 1H: Descending Wedge Pattern - Bullish Breakout SetupCHZ is currently forming a descending wedge pattern, which is typically a bullish reversal pattern when formed in a downtrend. The price has been making lower highs and lower lows within the wedge, but the convergence of the trendlines suggests a potential breakout is approaching.
Key Technical Observations:
The primary trend shows a strong upward movement followed by a corrective phase within the descending wedge. The upper trendline connects multiple lower highs, while the lower trendline connects the lower lows, creating a clear convergence. The pattern started forming after reaching a local high, and the price has been consolidating with decreasing volatility, which often precedes a significant move.
Price Targets:
Given the height of the wedge and volatility principles:
1. Initial target: 0.14000 (previous resistance level)
2. Secondary target: 0.16000 (based on previous swing high)
3. Extended target: 0.18996 (projection based on the full previous move)
Trading Setup:
- Entry Conditions: Wait for a decisive breakout above the upper trendline (currently around 0.12000) with increased volume
- Initial Stop Loss: Place below the most recent swing low at 0.10500
- Take Profit Levels:
1. First TP at 0.14000
2. Second TP at 0.16000
3. Final TP at 0.18996
Risk Management:
- Stop Loss Placement: Below the wedge's lower trendline to maintain pattern validity
- Position Scaling: Consider entering 50% position on initial breakout, add 25% on first retest of breakout level, final 25% after confirmation
- Market Conditions to Watch: Overall crypto market sentiment, Bitcoin's price action, and trading volume
Additional Considerations:
The decreasing volume within the wedge supports the pattern's validity. A sudden increase in volume during breakout would provide additional confirmation of the setup.
Trade Validation:
- Bullish case: Break above 0.12000 with strong volume
- Invalidation: Break below the lower trendline or 0.10000 support level
- Pattern timing: Expect resolution within the next 24-48 hours based on wedge convergence
#CHZ (SPOT) entry range(0.0520- 0.0660) T.(0.1349) SL(0.0504)BINANCE:CHZUSDT
entry range (0.0520- 0.0660)
Target1 (0.0842) -Target2 (0.0990)-Target3 (0.1349)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.0504)
*** No FOMO - No Rush , it is a long journey ***
*** collect the coin slowly in the entry range ***
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#CHZ/USDT Ready to go higher#CHZ
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1250
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1300
First target 0.1340
Second target 0.1392
Third target 0.1455
SURVIVOR!!!hello friends
According to the recent growth of the market, this coin has not grown on its own, and now it seems that after some period of correction, it has broken its trend line and was able to show itself.
We expect the specified goals to move...
Don't forget capital management.
Be successful and profitable.
CHZUSDT: Is a Major Bullish Reversal on the Horizon?Yello Paradisers! Are you ready for what might be a big move in CHZUSDT? It’s starting to show some strong bullish signals, and missing this could be a mistake. 👀
💎CHZUSDT has displayed a Change of Character (CHoCH) along with a Break of Structure (BOS), pointing towards a bullish market structure shift. Additionally, the formation of an Inverse Head and Shoulders pattern is further boosting the probability of a potential bullish move.
💎But here’s the crucial part! If CHZUSDT breaks out and closes a candle above the resistance zone, it will validate the pattern and increase the probability of bullish move.
💎In case of a pullback, we’re looking at the strong demand zone as a potential bounce area. However, we’d prefer to wait for an Internal CHoCH that realigns the market structure into bullish territory before making any moves. This confirmation would enhance the probability in our favor.
💎On the flip side, if CHZUSDT breaks down and closes below the strong demand zone, it would invalidate the entire bullish setup. At that point, it’s wiser to step back and wait for a clearer price action to develop.
🎖Patience and discipline are key here, Paradisers. Wait for the best setups, and don’t rush into trades without solid confirmation. Trade smart, and stay ahead of the crowd!
MyCryptoParadise
iFeel the success🌴
CHZ/USDT: THE MOST BULLISH CHART! EASY 5X-6X POTENTIAL!🌟 Hey everyone! 👋
If this analysis aligns with your goals, don’t forget to smash that 👍 and follow for more premium trade setups! 💹
🔍 Technical Overview:
CHZ (Chiliz) is gearing up for a major move! 🚀 It's breaking out from a falling wedge structure on the weekly timeframe, a pattern known for explosive rallies. Holding the 100MA support firmly, CHZ looks primed for a 5x-6x pump in this bull run! Now’s the time to accumulate and load up in dips for maximum gains. 💰
Entry range: $0.10-$0.12
Targets: 🚀 Potential for 5x-6x from here!
Stop Loss: $0.08
💡 Why CHZ?
CHZ powers Chiliz, the leading blockchain platform for sports and entertainment. It’s behind fan tokens for top sports teams and leagues, creating innovative ways for fan engagement and loyalty. With partnerships across the NBA, NFL, European football clubs, and esports, Chiliz is revolutionizing fan experiences. 🌍 As the sports industry grows, CHZ has massive upside potential!
💬 What’s your take on CHZ’s breakout potential? Are you spotting the same bullish setup? Let’s discuss in the comments below and ride this wave together! 🌊💹
Cheers! 🥂
CHZ Update (1D)From where we placed the red arrow on the chart, it seems that the correction of CHZ has started.
The correction seems to be a diametric. We now seem to be at the end of the G wave.
The green box looks like a good range for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $0.055 key level, which could signal at least a temporary bullish trend reversal with +20% upside potential to $0.067 next. Stop Loss at $0.049. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055, then $0.043. Nearest Resistance Zone is $0.067, then $0.08.
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, trading well below 200-day moving average. However, price had a bullish breakout from Falling Wedge pattern and above $0.067 resistance, which could signal near-term trend reversal with +15% upside to $0.08. Stop Loss at $0.064. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055. Nearest Resistance Zone is $0.067, then $0.08.
CHZ Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
Ever since March 2021, when CHZ made its all-time high at $0.94, it has been in a downtrend. The price of CHZ has fallen almost 94%, and it could get worse if it doesn't hold the initial support level at $0.0536.
Currently, the price is showing a rebound action, and if it plays out successfully, we are likely to see CHZ at $0.1253. In the long run, CHZ needs to achieve a 16x gain to reach the all-time high level.
Considering a further downfall, $0.0344 to $0.0408 is likely to be good support for CHZ.
- Primary Support/Entry: $0.0536.
- Lower Support/Good entry: $0.0344 to $0.0408.
- Primary Resistance: $0.1253.
- Invalidation point: A breakdown and close below the lower support trendline.
DYOR, NFA.
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#PEACE
#CHZ/USDT#CHZ
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.0670
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.0670
The first target is 0.0790
The second target is 0.0900
The third goal is 0.1050
Chiliz Analysis: The big move is getting started!CHZ is down almost 92% from its ATH and is supported at $0.06, which I expect to be the ultimate support for the entire correction of the recent cycle. I am looking forward to a change in the character of the chart in the upcoming weeks. The targets I have in mind are $0.55 and $3.4. DYOR
Chiliz (CHZ) and 2022 QATAR WORLD CUP ⚽Chiliz is a fintech platform for the sports industry to allow global fans to get closer to their favorite sports teams and clubs. as we get closer to FIFA World Cup the price of CHZ reaching to higher levels ,
Chiliz price today is $0.19 with a 24hour trading volume of 350 million dollar , CHZ price is up 8% in the last 24 hours as well
Bulls won the fight at 0.17 support level as always and ready to take back 0.26 and 0.33$
If you trade with BTC pair 0.000011 is very interesting level to watch and CHZ has a good chance to break that resistance too
targets 0.27, 0.29 and 0.31