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CHZ

CHZUSD - Buy Setup Forming!As per my last video idea, we were waiting for a break above the last swing high on H1 to buy, which didn't happen yet. Update: CHZ is still trading inside our red channel and now forming an inverse head and shoulders pattern. The setup is objective on H1, but I shared the H4 timeframe this time as it is cleaner. Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right? Trigger => Waiting for the right shoulder to form and then buy on the green neckline break upward. Meanwhile, until the buy is activated, CHZ would be overall bearish and can still test the blue demand before going up. In this case, we will be looking for new buy setups to form. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
36
CHZ moving down stillEventhough it spiked up last night but when I looked at close up after the spike it was making lower peaks moving downwards while a lot of other crypto already moving up. CHZ was over bought by people pushing it up during the NFT craze, but after people are learning it not similar NFT as the others and might be selling it. Right now looks like CHZ will continue to move further down. I have already sold my CHZ this morning seeing it making lower peaks and there be project that move up more than CHZ to follow.
BINANCE:CHZUSDShort
by chungdha
6
CHZ First time Hi everyone CHZ sill waiting for a big Movement, I think there is falling wedge pattern it might break up, and we can see new levels. It might break out around the 6th of April : target = 0.7 and up... Or it can retest lower levels. This is not financial advice! Just my idea about CHZ! Do your own research. If it's a mistake or want to help, you can write in the comments. It's my first time so take your own risk. Not investment advice. My ideas are only helpful and not advice to buy or sell, you are the decision maker.
BITFINEX:CHZUSDLong
by MaxxSta
Is CHZ days are over?CHZ has been moving in a descending Triangle for some time now, and all this while it hasn't attempted to touch the upper Trend LIne (Black) of the Triangle . At the much small time frame, we can see that CHZ is moving in a downward parallel channel. Also EMA 25 is working as a Resistance which states that CHZ would need bit of fight before moving back up. Also Volume is not working in its favour either and its been pretty low. Looking at all these trends there are two potential scenarios that can happen. Scenario 1 (Black Path) - CHZ to move in downward parallel channel and break lower part of the triangle to officially enter the downward trend. Scenario 2 (Red path) - CHZ to bounce off from S1 and try to break upper part of the triangle. So far looking at the trend, scenario 1 looks more likely. However in crypto world currencies are free to move and can surprise you in the last moment. If you like my analysis then do drop a LIKE and a COMMENT. Also dont forget to SHARE it with your friends. Also dont forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
4
🍣 CHZ Wait For Breakout And RetestCHZ has been in a descending wedge for around 3 weeks now following a large breakout. Wait for a breakout of the descending wedge and make sure it finds support on the Fibonacci line before confirming the breakout. From there, we can expect a bullish run for CHZ following news in April about gaming releases and other positive news. Entry: ~0.565 Stop loss: ~0.51 (Make sure to see ATR at that point of time) Take profit zone 1: ~0.672 Take profit zone 2: ~0.878 (or hodl)
Long
by RainyTrader
6