CHZ
CHZ Bullish PatternCHZ has formed a pretty clear Cup and Handle pattern on the Daily , pattern that can have it's projection verified as seen in the chart. The volume is in divergence with the price action, indicating that there is low interest in pushing the price further down.
We will consider this opportunity as invalidated if we close any daily below the 0.33 Fib .
Chilliz prints a falling wedgeIf a breakout to the upside is produced with a daily close over the wedge i will enter a long position, otherwise this setup is cancelled.
Taking in to account how CHZ has behaved in the last weeks the most likely for the wedge is to be followed by a push to the upside.
BITCOIN 12H TA : 08.30.22 (Update)As you can see, the price entered the FVG range and showed a negative reaction, until now the price has moved according to the analysis and has yielded almost 4%! This whole range of FVG is from $20400 to $21100 and it can be said that you can start saving profit in this range!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.30.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
The diamond on the CHZUSD day chart !CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart .
It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below .
TP1: 0.2646
TP2: 0.3148
TP3: 0.3351
TP4: 0.3568
TP5: 0.3784
TP6: 0.4487
If breakdowm the diamond
the strong support will be 0.1512
Ascending Triangle on CHZHello guys ,Today i saw an interesting ascending triangle on Chiliz and i thought it will be a good setup.
the price is on the bottom of the triangle and if it doesn't break it you can do this scenario.
open your position between 0.2200 and 0.2300 after break out.
first target is 0.16500.(it's safe to close your position)
put your stop loss above 0.2600.
but if it's going to break the Support line, you can wait for funda analysis because it will be so bearish.
i may edit this analysis because of funda , check this later.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
BITCOIN 12H TA: Bearish Move?In the previous analysis, we mentioned possible scenarios regarding the failure of the support and resistance areas, which has now reached the bottom of the trend line after an unsuccessful rise. I expect a fall to the $19,500 area as a downside target. To change the upward trend, the price needs to reach above the trend line again.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
CHZ /USDT i have a short feeling...i will enter a short position on CHZ here at 0.235.
i will take profit at 21.10 and stop my losses if it come to that,if a 4h candle closes above 0.2520
about 10% upside and 8% downside.
i won't go wild on leverage either.
2x at most,maybe even no leverage at all
Follow for more!
CHZ/USDT: Strong bullish momentum on going---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
CHZ/USDT: Strong bullish momentum on going
Context
- The Global Crypto market leads by BTC and ETH reversed up drawing a new bullish trend - CHZ is one of the coin outperforming the ETH
- We are watching at 0,3280 as resistance to re-integrate to provide a clear recovery signal in parallel of 2170 ETH
- Watch 0,1360 as key Tactical support
Market configuration
- Graphical Elements :
Graphical Resistance = 0,3280 & 0,53
Graphical Support = 0,1360 & 0,08
- Mathematical Indicators:
EMA ( Exp Moving averages) are now support at 0,1590 = Bullish
RSI indicator (below) is now above 50% = Bullish
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target (C) B has been already reached = 0,08
Fibonacci resistance of the wave in progress = 0,3280
Fibonacci support of the wave (2) = 0,08
Fibonacci Bullish Target = 0,3280 & 0,53
Conclusion
Preferred case => As long as 0,1360 remains support we are looking to buy the dip in the buying area (0,1590) in order to test and then surpass 0,3280, before opening a further rise towards 0,53
NOTE: CHZ is actually outperforming ETH - We consider CHZ as a relevant coin to keep in portfolio
CHZ targetting .382 fib?!CHZ has been performing exceptionally well! No one can deny that.
But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey.
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual and inevitable massive rally break out!!
P.S, forgive the repost. the mobile version is wonky at best. i wont be messing around with that again.