CHZ CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the CHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHZ
FLASH TRADE ON BTC TARGET 10%ITS MICRO UPDATE FOR LAST BULLISH POST NOTHING CHANGE FOR ME
These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
my previous trades on BTC
CHZUSDT - is the early bounce possible?Arguably the most cited NFT token is finally looking to have made a rounded bottom.
what lies next (statistically)??
Either it's going to make a double bottom, triple bottom or the cup and handle pattern. Every pattern is in ascending order of the probability. The lest probable scenario would be that it continues to fall down, making a downward sine wave amplitude, and then fall even farther.
Well, let's try to make a trade here…
Entry and SL are given in the chart. It's a 1:3 RiskReward trade setup.
let's see if its play out.
**Plz like and share the idea if you concur. Thanks.
CHZ/USD :: Short for Long time ?CHZ/USD :::
It is in a descending channel and the overall trend is moving downwards .
The support has been broken and there is a big price difference until the next support, and this creates a good opportunity for a sell position .
If the next support is also broken, it will continue its path to the bottom of the channel .
<<< Good luck >>>
CHZ - 06/01 - 2hr Chart UpdateCHZ - 06/01
#CHZ is currently trading in a up trend channel.
After weeks losing it's volume CHZ managed to recovery itself pretty fast, pumping 14.49% in 6 hours.
After a breakout attempt over the resistance zone it retraced to the support zone.
I'd look for a LONG entry if it touches the support zone again or successfully manage to have a breakout confirmation over the resistance zone.
*Candle color depicts volume
#CryptoFutures
$CHZ - Macro scale Elliott Wave analysis. Weekly Log. Bullish count. I do have an alternate bearish count, but both coincide with a bounce, so for now I'll keep it under wraps. I have us having finished w4 with an WXY combo. with w1-2 finished on the 5th wave. The ratios so far are nice. A move (even a wick) below $0.0816 would invalidate this count (making wave 2 go below the start of wave 1).
*Second Chart* Daily chart (still log chart) with subwave counts.
✳️ Chiliz vs Bitcoin | Very Interesting (66 to 114% Potential)Chiliz has a unique chart compared to other altcoins within the cryptocurrency market... And the price action is pretty crazy.
The strongest bull-market for Chiliz (CHZBTC) happened in 2022.
From May to November we saw a massive bull-run with 425% growth.
The strongest correction ever followed from late November to late December with only two days green... The chart is 100% RED with a 64.10% correction.
30-Dec. a low was hit and this coincide with many altcoins.
So, while the chart is different for most of 2022, the low came in at the same time.
This low happened at the 0.786 Fib. retracement level of the last bullish wave; perfect, this tell us that a bounce/relief rally has high possibilities of taking place.
Today we have a full green candle with the highest volume in several months...
This candle pushed Chiliz above EMA10 while challenging EMA21.
This is a good setup... Low risk, with high potential for rewards.
The targets are mapped on the chart.
66% short-term and more possible depending on how things develop.
We have to track the charts and adapt if things change.
Prepare for the worst, hope for the best.
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Trade signal... Do your own research.
BUY: 0.00000610 - 0.00000675
TARGET:
1) 0.00000840
2) 0.00000000
3) 0.00001120
4) 0.00001245
5) 0.00001425
STOP: Close weekly below 0.00000590
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Namaste.
CHZ is bearish but has room to go higher.Hello guys!
CHZ got rejected by the resistance level.
It made a 15% pump, and now it has come back to the support zone.
The trend is bearish in general, but this asset still has room to go higher even in this bearish trend channel.
It just needs to break two resistance levels and confirm above them.
However, the dynamic resistance levels shown on the chart are extreme, so be careful.
Let me know what you think. I would love to hear your ideas.
Good luck!
CHZ looking for a strong moveChiliz has been beaten down with the rest of the altcoin market as per expected, however we are at a very crucial/pivotal point in the price action of CHZ as the price has been encapsulated inside a range resembling a symmetrical triangle which can be seen to be as a bullish formation considering the flag it has formed on the weekly timeframe.
In saying so, CHZ will need to hold the 10 cent level and reclaim/consolidate around the 12-14 cent region to push further up if we are to see some bullish momentum, otherwise we may see a rally along with BTC but it would be deemed to be short lived with the 12-14 cent range acting as a resistance level. In this case this could offer a great short opportunity all the way back down to the 1.7 cent region.
For now the 3D timeframe is looking decent, with the rejection off the 10 cent support level however we are yet to see a surge in volume and this needs to happen sooner rather than later as currently the lack in volume does show that bulls are hesitant to buy, and the bears remain in control at these levels.
The reclamation of 12 cents is something I will be looking out for to enter back into a long position to the upside, targeting 17 cents and possibly even 22 cents dependent on market conditions.
CHZ: Oversold at SupportChiliz (CHZ) technical analysis:
Trade setup : Price got rejected 4x at $0.27 resistance zone after which it broke below $0.18 and $0.15 and $0.12 key levels, signs of Downtrend. However, price is now very oversold (RSI < 30) and near $0.10 support, which could be swing entry for near-term bounce. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com. Recently, there’s been some big news announcements with Barcelona FC.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.10. The nearest Resistance Zone is $0.12 (previous support), then $0.15 and, $0.28.
CHZUSDT 1HCHZ with strong resistance at 0.1126 and good support at 0.1085; on the 1H chart. With the RSI indicating exhaustion of selling forces and the CHZ visiting the lower edge of the Keltner Channel, Possibly there will be a rise of the CHZ in search of the MM200 which is at 0.1121.
CHZ was massacred too much with evictions during and after the 2022 world, but it continues with its fundamentals and will soon deliver its blockchain, hence its price will return to seek the fair range. on the 1h chart the indicators show a long trend.
Supports and resistances follow.
S :10.72 / 0.1085 / 0.1087
R: 0.1101 / 0.1119 / 0.1126
Short the CHZHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are shorting CHZ because of a bearish pattern.
Sell CHZ now @ 0.11182
Stoploss 0.1129(-0.99%)
Target 1, 0.10913(+2.38%)
Final Target 0.10564(+5.5%)
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