CHZ
Formed a cup and handle, could break to upside or retest supportDaily RSI and MacD levels are in good shape and ready to go higher.
Hidden bullish divergence on hourly chart since 11th october.
CHZ has a real nice potential as a real world project that could lead the sports crypto token league as the general of them all.
Q4 is looking promising for it as since march it has consolidated and held support on many times.
Thanks for your time and hit a like and follow if this is useful.
Always do your personal research and don't leverage too much.
Happy trading!
CHZ's potential to reach 0.85$Hi every one
CHILIZ / TETHERUS
CHZ has been in a Descending triangle but recently a bullish break out has happened which will chance the situation.as you can see if we put a crab pattern on the chart, the price has a lot of potential to increase even further!(pay attention to Ex ret which is 1.618) so basically it has the potential to reach 0.85$! But it's gonna take a while.
Summery:
-CHZ was in a Descending triangle
-It has managed to break the triangle upward!
-crab pattern suggests a bullish movement up to 0.85$!
-be patient
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
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Chiliz brekaoutChiliz update: CHZ has successfully breakout the symmetrical triangle and 200MA. Price target remains the same - around 1,20$. It might be wise to wait for the retest of the support line but I don’t know if that will happen. The only thing I don't like is the low volume. But overall, I find it a good time to buy Chiliz. Even if it is spot trade or leverage trade.
CHZ, Watch for possible triangle break out ! 200% profit?CHZ is close to triangle break out and offer us about 200 % profit.
As shown on the chart CHZ is showing a triangle form of correction which possibly is close to end. It is worth to note that triangle corrections are very difficult to analyze since inside triangle waves can take complicated forms therefore a break out confirmation is necessary I think. I suggest taking out 0.45 high as break out confirmation.
If break out happens , next actionary wave can push the price up to above 1 USD.
Please take it into consideration that triangles show themselves before the last wave of an up going cycle which means after new ATH we will have a strong decline and we should save our profit in appropriate time.
Wish you huge profits !