⚡️CHZUSDT CMC TRADING ⚡️ ASCENDING TRIANGLECHZUSDT has established an ascending triangle pattern following a significant sell-off accompanied by market liquidations. Anticipation is for a bullish breakout within the formed triangle, potentially filling the Fair Value Gaps (FVGs) created during the sell-off. The projected bullish trend resulting from this breakout holds significance for the current and future price action of CHZUSDT.
CHZ
CHZ/USDT Attempting supply breakout? 👀🚀CHZ Analysis💎Paradisers, focus on #CHZUSDT as it's currently trading in a demand zone and eyeing a break through a strong supply, setting the stage for a potential bullish breakout.
💎Recently, #Chiliz has adhered to a descending trendline and managed a break, testing a robust supply. Presently, with its position in the demand zone at $0.08439, should it maintain its momentum, there's a high probability of breaking through this supply barrier, aiming for higher targets.
💎 Yet, in the unpredictable crypto market, flexibility in strategy is key. If #CHZ fails to surpass the $0.09469 supply zone and loses strength in the current demand zone, a shift in approach might be needed.
💎 This could mean preparing for a bullish resurgence from a lower support level at $0.07660. Keeping a vigilant eye is crucial, as a drop below this support could signal a lean towards a bearish trend. 🌴💰.
CHZUSDT Upside Momentum Towards Key Fibonacci MarkerCHZUSDT recently breached a crucial resistance, now serving as a demand zone.
The respected uptrend trendline and this breakthrough validate the ongoing uptrend.
The signs indicate a potential extension of this significant uptrend, possibly propelling the price towards the $0.146 level, marking a 38.2% Fibonacci resistance.
CHZ/USDT Bullish Horizons from Key Support? 👀🚀CHZToday Analysi💎 Paradisers, let's turn our attention to CHZUSDT as it exhibits a promising setup. Currently anchored at a crucial support level, it is signaling a potential bullish trajectory.
💎 Examining #Chiliz's recent performance, it has effectively broken above a descending channel and is now maintaining its stance above the key support level of $0.08354. Should CHZ continue to exhibit strong momentum above this level, we could see it aiming for the higher resistance at $0.09488, indicating a strong bullish inclination.
💎 Nonetheless, it's always wise for sagacious traders to have a contingency plan. If #CHZ fails to hold above the $0.08354 support, a shift to Plan B might be necessary. This would involve focusing on a bullish recovery from a lower support level at $0.08149. Importantly, should CHZ fall below this secondary support level, it could signify the beginning of a steeper downward trend.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.085 (previous resistance), then $0.060. The nearest Resistance Zone is $0.100, then $0.130.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZUSDT Mountain Ranges Hi there,
So what we have here is a series of mountains connected to high ground.
it seems that the market has stopped for a while and we have neither up or down anything significant. this particular crypto CHZ should first break 0.1163 and 0.1269 stay in the purple area and then go higher so we can see highs with confirmation otherwise we will see even more up and down without any specific image.
About the path he wants to follow this seems to exist in the market of course this happen in all cryptos. I advise you to do nothing! read any book watch any movie take a walk spend time with your loved ones. When this happens in the market we usually have a breakout, I believe it will be bullish because we have already lost huge percentages.
now, when will this happen?
we will see it in a short time, days or months maybe..
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. don't forget to follow me for more news and updates.
Thanks for reading!
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Now it’s broken above $0.085 resistance area, where it got recently rejected, and could revisit $0.10 next. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZ: Resistance BreakoutChiliz (CHZ) technical analysis:
Trade setup : Bullish break above $0.085 resistance signals continuation of uptrend with upside potential to $0.10 next. Previously, price broke above $0.06 resistance and 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
SasanSeifi 💁♂ CHZ 3D ⏩ 0.10 /0.12 As you can see in the long-term 3-day time frame, the price has been rising from the demand zone of 0.053. After liquidating the buyers from the liquidity zone, the price corrected slightly and completed a pullback. Then, it faced buying demand again from the price zone of 0.072. It is currently trading at the price zone of 0.092. There is a possibility of further growth.
Our expectation is that if the price remains in the price zone of 0.087/0.084 in the medium term, we will see further growth of the price to the zones of 0.10/0.12. In the case of growth, in order to better understand the continuation of the movement trend, we need to see how the price will react to the target resistance zones.
In addition, if the price penetrates below the price zone of 0.084 and stabilizes, the price may face further correction.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
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CHZUSDT Inverse Head And Shoulder Pattern!CHZUSDT Technical Analysis Update.
CHZUSDT has formed an inverse head and shoulders pattern. Now, the price is breaking the neckline with good volume, suggesting a potential continuation of the bullish trend.
Buy zone : Below $0.0860
Stop loss : $0.077
Regards
Hexa
CHZ: Approaching ResistanceChiliz (CHZ) technical analysis:
Trade setup : Price broke above $0.06 resistance and 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. It got overbought (RSI ~ 75) just as it reached $0.085 resistance and saw some profit taking around this level. Now we wait for price to either 1) break above $0.085, it would signal continuation of uptrend with upside potential to $0.10 thereafter, or
2) pull back near $0.06 support for a swing entry in Uptrend with upside potential back to $0.085. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
$CHZ is going upward only! and here is whyWhat is Chiliz ?
Chiliz crypto connects sports fans to their favorite teams through Fan Tokens, giving them a voice and unique experiences. It's like a VIP pass for the digital age, powered by blockchain. Think of it as the future of sports fandom, where fans have a real stake in the game.
Chiliz is living example, why ?
Chiliz currently has its fingers in over 30 sports, ranging from the most popular ones like football (soccer), basketball, and Formula 1 to niche sports like cricket, ice hockey, and even esports. It's a diverse bunch!
As for the teams, the number is even more impressive, boasting over 130 partnerships with major clubs and leagues worldwide. This includes giants like FC Barcelona, Juventus, Paris Saint-Germain, and the UFC, along with regional powerhouses and up-and-coming teams across the globe. It's a true smorgasbord for passionate fans!.
Conclusion
As we've observed, Chiliz has already hit its bottom, a low point reached in February 2021. Since then, Chiliz surged to its all-time high (ATH) of $0.94 USDT, marking a dramatic increase from its earlier value of around $0.06 USDT. This represents a substantial increase of approximately 1467%.
Currently, as we enter the beginning of a bullish trend, I see a great opportunity to acquire a significant amount of $CHZ.
Remember : This is merely my perspective on Chiliz. Always conduct your own research before investing in anything, especially in the volatile world of cryptocurrencies. It's a wild market out there!"
CHZ: Pullback in UptrendTrade setup : Price broke above $0.06 resistance and 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. It got overbought (RSI ~ 75) just as it reached $0.085 resistance and saw some profit taking around this level. Now we wait for price to either 1) break above $0.085, it would signal continuation of uptrend with upside potential to $0.10 thereafter, or
2) pull back near $0.06 support for a swing entry in Uptrend with upside potential back to $0.085. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
#CHZ - still good price to buy#CHZ
It has a lot of interesting and strong resistance levels, that after breaking them can stand as a good support level.
I have been writing about this coin since November 10. And in this TA I decided to write more detailed analysis.
I expect that the coin will pump near days and will reach the target at 0.12$ (n.1) that you can see on the chart.
After that important to see to the coin’s strength, if the price is pushed hard, then probably it will continue its uptrend to another target at 0.1521 - 0.1614$, where we will definitely see bear reaction (n.2)
If the uptrend is weak, then we may see the correction already at 0.12$ where the retest of 0.10145$ level is OK for the Bull continuation. (N.3)
If the coin comes to the targets I was mentioning about above, or 0.1521 - 0.1614$ and it starts to consolidate there, then high probably that the coin will continue its bullish trend to other higher targets at 0.2116 - 0.24$ (n.4)
This bullish trend invalidates, if we see that the coin is loosing its support at 0.1521$ in this case it may come to the lower targets. (N.5)
All other important levels you can see on the chart
CHZ Chiliz Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is CHZ.
I've set a short-term price target for CHZ Chiliz at $0.055.
Looking forward to read your opinion about it!