CHZ
CHZ possible scenario to be played CHZ in overbought level and could form cup & handle soon after heading toward hard resistance point. Should get a rest soon before continuing up to higher targets. If you are in it, hold for another leg up and book % of your profit, if not in it then wait for correction.
And also the reason for Fan Tokens pump is pump of CHZ as fan token on CHZ network.
🌶️ CHILIZ chz 3$ targetCHILIZ is going to blow minds at FIFA worldcup climax.
It printed a bull flag since march 21, that's 606 days inside the flag.
The more the figure last the more the movment will be violent.
I expect a positive breakout in the coming days if bitcoin stays sideway,
the pole of the bull flag reported on the breakout can take us to 3$ in the end of december.
Especially if we get a Christmas Rally on stoks and crypto.
On the visibility aspect, we have the most viewed event in the world, by far,
with half of the world population watching it.
The crypto that is the most related to Football is Chiliz and it will onboard new users on exchanges.
That's a twelve time the actual price, a 1200% performance.
TOKENS RELATED TO FIFA WORLD CUP 2022 🏆Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As the World Cup 2022 gets closer, here are the tokens that I believe will get more exposure in a way or another.
I have got three tokens on the list for now. Please let me know if you are aware of any other tokens to add it in the update section of this post.
📌 CHZ - Chiliz
🗒About CHZ:
CHZ is an ERC-20 token that runs on an Ethereum-based Chiliz blockchain. The token serves as currency that allows users to purchase NFTs at Chiliz' Socios fan token marketplace. There would be no CHZ token without Socios.
ChiliZ token (CHZ) is the official, exclusive utility token that operates on the Socios.com fan voting portal. Using this platform, sports and e-sports enthusiasts can participate in the management process of their favorite teams, leagues, games, and events.
📉Technical Analysis:
CHZ has been stuck inside a big range in the shape of an inverse head and shoulders pattern.
For the bulls to take over from a long-term perspective, we need a weekly candle close above the gray neckline (around 0.3) which is also a support and resistance zone.
Meanwhile, as we approach the green support again, I will be looking for short-term buy setups.
📌 ALGO - Algorand
🗒About ALGO:
FIFA has teamed up with blockchain technology company Algorand to agree a sponsorship and technical partnership deal.
The agreement means Algorand will become the official blockchain platform of FIFA and provide the official blockchain-supported wallet solution. As per the sponsorship agreement, Algorand will be a FIFA World Cup Qatar 2022™ Regional Supporter in North America and Europe, and a FIFA Women’s World Cup Australia and New Zealand 2023™ Official Sponsor.
Source: www.fifa.com
📉Technical Analysis:
ALGO has been stuck inside a horizontal range for a while. Thus, for the bulls to take over from a long-term perspective, we need a momentum daily candle close above the upper bound of the range (gray zone) around 0.425
Meanwhile, as ALGO approaches the lower bound of the range, we will be looking for short-term buy setups on lower timeframes.
📌 CRO - Crypto.com
🗒About CRO:
FIFA has announced that Crypto.com will be an Official Sponsor of the FIFA World Cup Qatar 2022™.
Founded in 2016, Crypto.com today serves more than 10 million customers and has over 4,000 employees across its offices in the Americas, Europe and Asia. The company, which is built on a foundation of security, privacy and compliance, is designed to accelerate the global adoption of cryptocurrencies through its service offerings.
Crypto.com will activate its official sponsorship of the FIFA World Cup Qatar 2022 in many ways, including by providing opportunities for new and existing users to attend matches during the tournament or win exclusive merchandise.
Source: www.fifa.com
📉Technical Analysis:
CRO is retesting a long-term support zone in green so we will be looking for buy setups on lower timeframes.
For the bulls to take over from a long-term perspective, we need a momentum weekly candle close above the last major high in gray around 0.17
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZ grew by more than 15% yesterday and 7% today!CHZ grew by more than 15% yesterday and 7% today. After the price entered the corrective wave, we saw a positive reaction to the support levels of the floor of the medium-term bullish channel. After the pullback to the support range, this good rally occurred before the Bitcoin price declined. The resistance range of $0.236 to $0.270 is very important in continuing its mid-term and long-term trend because it is considered an important resistance in the daily time frame. Because if this area is broken, the price can even leave its long-term downward channel. For the short term, until the bottom of the ascending channel is broken and the market conditions remain favorable, we can expect more price growth from this currency.
SCCP fan token sccp fan token.
buy under 2$ forecast 140$
The S.C. Corinthians Fan Token allows $SCCP fans to have a tokenized share of influence on club decisions, purchased through the consumer-facing platform, Socios.com, fans can engage in a wide variety of club decisions, for example, choosing a goal celebration song or deciding which MMA fighters should face off and in doing so, earn rewards and money can't buy experiences. Experiences like... having the opportunity to meet and greet with players of their favourite club, receiving VIP treatment at their favourite stadium & much much more. To obtain Fan Tokens, fans must purchase Chiliz (CHZ) Tokens via Socios.com which then can be used to buy $SCCP Fan Tokens.
Fan Tokens are initially sold in a Fan Token Offering or FTO. FTOs are the initial sale of Fan Tokens which allows fans to buy the Fan Token at a fixed price. work in a similar way to flash sales and are designed to be a fair way for new partnerships to launch Fan Tokens on the Socios.com platform at a discount. At pre-launch a proportion of the total Fan Token supply is made available to users before being listed on the worlds first tokenised sports and entertainment exchange, Chiliz.net. This enables dedicated fans to gain early access prior to Fan Token launches which will be made accessible to everyone.
The growing list of partnerships launching their Fan Tokens on the Socios.com platform include some of the biggest sport organisations in the world from the likes of major European soccer teams FC Barcelona, Paris Saint-Germain, Juventus, AC Milan, Manchester City, MMA giant UFC, NASCAR Roush Fenway Racing, NHL New Jersey Devils, Formula One Aston Martin, and the Argentine Football Association
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