CHZ
CHZ USDTChiliz (CHZ) showcases a clear bearish trend marked by lower highs and lower lows. The price is currently consolidating within a critical support zone Green at $0.0803 - $0.0837, following a significant rejection from the resistance zone Blue $0.1313-$0.1360. This support area is pivotal for determining the next directional move, as a breakdown could lead to further declines toward $0.0541 or even $0.0431. On the other hand, a successful defense of this Green zone could initiate a relief rally toward the immediate resistance at $0.0955, with further upside potential targeting the Blue resistance zone if momentum builds. The broader trend remains bearish in the medium term, but short-term consolidation suggests a neutral stance as the market awaits a decisive breakout or breakdown. Volume at 143.5M indicates moderate activity, though a significant increase will be needed to confirm any directional move. Overall, this chart highlights a critical inflection point, with traders advised to watch for key levels and patterns to gauge the next move.
Chiliz - The Best Sports Crypto Im going to be breaking-down what I feel are the best long-term holds in each sector/category of crypto. This is the Sports/Entertainment category. I will tell you the pros and cons of each project.
Chiliz
When looking at the chart we can see that Chiliz has been moving in a downward trend for quite some time. On the weekly chart we can see the CHZ has formed a strong bullish divergence. The sports narrative has not yet picked up any steam but once it does, you can bet that CHZ will lead the pack.
Pros of Chiliz (CHZ)
Fan Tokens: Through partnerships with sports teams, especially in football (soccer), Chiliz allows fans to own tokens that can be used for things like voting in polls, receiving merchandise, or influencing minor team decisions, increasing fan loyalty and engagement.
Real-World Use Cases:
Partnerships with Major Sports Organizations: Chiliz has forged partnerships with prominent sports teams, such as FC Barcelona, Juventus, Paris Saint-Germain (PSG), and many others, integrating the platform into the fan experience in meaningful ways.
Socios.com: Chiliz powers Socios.com, a leading platform that lets fans buy and trade tokens from sports clubs. This ecosystem enhances the use of CHZ and contributes to the growing adoption of the project.
Expanding Ecosystem: The project has continued to expand its roster of partnerships with sports leagues, which helps it grow both in the number of users and in the diversity of tokens it offers.
Cons of Chiliz (CHZ)
Niche Focus: Chiliz’s focus on sports and entertainment means its success is tied to these industries. If fan engagement in sports decreases or the tokenization model doesn't take off as expected, it could significantly affect CHZ’s value and relevance.
Legal and Regulatory Risk: Like other cryptocurrencies, Chiliz faces regulatory uncertainty. Countries and jurisdictions are still figuring out how to regulate fan tokens, NFTs, and cryptocurrencies, which could affect Chiliz’s operations and its partnerships with sports teams.
Potential for Regulatory Crackdown: If the legal landscape becomes stricter, there could be negative consequences for Chiliz and other crypto projects in the sports and entertainment space.
All in all, this is not financial advice and instead just my opinion. Thanks for viewing my post and make sure to check out my other ideas!
CHZUSDT: Bullish Breakout or Breakdown? Key Levels to Watch!Yello, Paradisers! Is CHZUSDT about to break out into a bullish rally, or will the support zone crumble and invalidate the setup? We’re at a critical decision point, and how price reacts at key levels will be crucial. Let’s break it down.
💎CHZUSDT has formed a W-pattern at a key support zone, which is a classic bullish reversal structure. This pattern increases the probability of an upward move, but it still requires confirmation. Without a proper breakout above resistance, the bullish setup remains incomplete.
💎To validate the W-pattern and increase the chances of bullish continuation, CHZUSDT needs to break through the resistance level and close a candle above it. A confirmed breakout at this level would signal strength from buyers and could lead to a significant upward move.
💎However, if the price pulls back instead of breaking out, there’s still hope for the bullish case. In the event of a retracement, we can expect a bounce from the strong support zone. But to increase the probability in our favor, it’s essential to watch for bullish signals on lower time frames. These include an Internal Change of Character (I-CHoCH) or familiar patterns like a smaller W-pattern or an inverse head and shoulders. Seeing any of these will reinforce the bullish outlook.
💎On the other hand, if the price breaks down and closes a candle below the strong support zone, the bullish idea becomes invalid. In that case, it’s better to step back and wait for cleaner price action to form before making any new decisions. It’s never a good idea to force a trade when the market is unclear.
Patience is key here. The market rewards those who wait for high-probability setups rather than chasing moves without confirmation. Discipline and a clear strategy will always keep you ahead.
MyCryptoParadise
iFeel the success🌴
CHZ Roadmap (3D)First and foremost, pay attention to the timeframe. It is a 3-day timeframe and requires patience.
CHZ appears to be forming a large symmetrical pattern, and we are currently at the end of wave H.
The lowest-risk buy zone is marked on the chart. If the price reaches the green zone, we will enter a position.
The green zone is considered a low-risk area for buying because the final wave of this symmetrical pattern (wave I) could conclude in this region.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Chiliz - CHZ Mega Long Really strong bullish dragon at support with massive bullish divergence on the macd and RSI. The weekly closing with a bullish doji at support also, everything you want to see.
We are long with leverage and a sl placed. However, crypto tends to scam around at these levels, it is vital to follow price action and be ready to reenter should a fake breakdown occur. Otherwise this is a great area to accumulate, and hold for the bull market until support gets indefinitely broken.
CHZ- 4h - Accumulation RangeREMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , CHZ is trying to remaning in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 0.1usd resistance its broken and became a support.
#CHZ (SPOT) entry ( 0.0700- 0.0850)T.(0.3790) SL(0.0695)BINANCE:CHZUSDT
#CHZ/ USDT
Entry ( 0.0700- 0.0850)
SL 1D close below 0.0695
T1 0.1200
T2 0.2400
T3 0.3790
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
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CHZ long!"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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chz usdt idea!"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
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