CHZ/USDT Technical Analysis Update in Daily 😃💪Hello, livers of Arztoday🙄
As we said in the technical analysis of Chiles (CHZ) on November 26, 1401. Due to the change in nature from the upward trend to the downward trend drawn with BOS on the chart. Chiles (CHZ) price was expected to fall below the $0.15 support zone (Bear Trend). Also, this drop has reacted to the support zone of $0.1 (Demand zone).
Due to the insignificant activity of whales and retail traders, we will realize the decrease in the inventory of investors and the calmer demand by retail traders. Despite this, the whale population in Chiles network has increased significantly.
Currently, technically, if the price can stay above the $0.1 level. It is expected to grow up to the resistance range of $0.13 to $0.15, which if this range is broken upwards, the bearish trend has changed to bullish, and we can look for higher targets.
Otherwise, if the $0.1 support area is lost, there will be strong selling pressure, and the FVG area, which is at the $0.08 level, will attract the price like a magnet. (Scenario with more probability)
The ranges of $0.07 and $0.05 can serve as reversal and support areas for this cryptocurrency.
Arztoday Team 💙
Analyzer ✍: AR.Rashidi
CHZ
💁♂️ CHZUSDT / 1W Long term❗💁♂️ HI Everyone...
As you can see, in the weekly time (logarithmic chart), the price is in a descending channel. In the long term, there is further correction of the price up to the range of 0.58/0.80. There may be a positive reaction from the support ranges, it should be seen how the price will react to these ranges.💹
Maintaining the range of the support zone is important for the positive trend.❗
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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MY PERSPECTIVE FOR DOGE MIDTERM TARGET ALMOST 50% BE TUNE WITH THIS POST FOR ANY UPDATE ON THE TRADE
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 on DOGE
MY PERSPECTIVE FOR CHZ MIDTERMBTC STILL GOOD you can check btc chart and see and soon there opportunity on DOGE will posted today
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
CHZ looks bullishI hope you are fine
Before anything else, be careful if you do a transaction, don't forget to manage the volume and leverage and set the stop, and the transaction in this time frame is not low risk in the market.
I detected a diametric in the 4-hour time frame, which seems to go up for wave f. The red box is strong resistance.
Chiliz CHZ price "gives signals" of possible growth soonCHZ price was expected by many to grow during the World Cup, which is coming to an end, as Chiliz is one of the sponsors.
But the CHZUSDT price was falling all the time.
And now, at the end of the World Cup, CHZ buyers began to restrain the fall by purchases, and for the last few days, the price has been testing the liquidity zone of $0.125-0.140 from above.
Some kind of inversely proportional effect from the sponsorship turned out)
It seems that in the coming weeks, the CHZUSDT price has every chance to make +90% growth . It will be "very funny" if the growth impulse starts immediately after the end of the World Cup)
From the point of view of risk management, we believe that buying CHZ in the range of $0.125-0.140 is quite balanced in order to gain a long position. Medium and long-term growth targets are $0.259 and $0.55, respectively
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FLASH TRADE ON DOGE 1st TARGET 10%this trade for short term it will update the trade in same post
Warning: 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
LONG TRADE ON CHZ TARGETS 15-35% EXPECTED THIS TRADE WILL BE FAST AND SHORT TERM MAYBE FEW DAYS
Warning: 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
CHZUSDT "Power of 3" Quick analysis on a textbook bullish "Power of 3" setup on CHZUSDT
What is "Power of 3"
- Power of 3 setups occur when "smart/big" money is building a position and creating liquidity. Setups can be seen with bullish/bearish scenarios, today we will be digging into a bullish setup.
- While retail can enter positions as orderbook allows, smart money must use more complex methods to build a position. In a bullish scenario we can observe an accumulation zone, price will typically chop in a short range causing traders' bias/positions to flip flop, this is where smart money is building the bulk of their position. In the manipulation zone, price consolidates below a key broken point which will provoke seller/short interest, the added pressure allows smart money to further build the rest of their long position. Once smart money is positioned they want to provoke buyer/long interest (a reclaim of the broken S/R), this is where the expansion phase can begin. There is little to no resistance during the expansion phase because the bulk of short/sell pressure has already absorbed, because of this, expansion can be quick and harsh.
This is just a very quick summary, I urge you to DYOR on "Power of 3" setups and come to your own conclusions/plan
My Plan for this scenario
- I entered long at 0.1485 at the equal swing low of the consolidation area. Future entries could be a sweep of the same area 0.1475-0.1485 (which happened as this idea was being published), or a reclaim of the broken S/R
- T/P is initially in the 0.1740/0.1780 area, although I will be monitoring for a reclaim of the monthly open for confirmation of a continuation. If 0.1780 area is flipped and reclaimed, I will look to 0.22 and eventually 0.265 as HTF targets.
- Invalidation would be a break/close below 0.1450 or a breakdown on BTC
CHZ (Chiliz) / USDT (Binance) Technical analysis Hello,
Chiliz is associated with football fan tokens, and before the start of the FIFA World Cup in Qatar in 2022, the price was moving in an uptrend direction, and most of us expected some bullish movement to continue. The FIFA World Cup 2022 began on November 20, and the price of Chiliz was around $0.24 on that date. From November 20th, the price began to fall steadily until it reached its current level of $0.13. I am expecting that CHZ will change direction at position 1 or 2 on my chart, and we can expect the price to go back to $0,16. My prediction is that it will be bullish until the end of the tournament (FIFA, World Cup 2022), and that after the 18th of December 2022, or possibly a little later, it will turn bearish and enter a downtrend. If we are still going to move in a downtrend, then the next target is $0,11, and the strongest demand zone for Chiliz is at $0,08. My signal for trading CHZ / USDT is to go long on position 1/2 on my chart. The end of the FIFA World Cup 2022 in Qatar could have an effect on the price of this token.
Enjoy and have an amazing day!
BF
Two reactive support levels!The first support that we expect a positive reaction from this level is considered in the range of $0.126 to $0.140.
The second support, located in the $0.105-$0.108 range, can activate many inactive buy orders in this range.
In the 4-hour time frame, the trend is still bearish, and we should wait until the price hits the specified support and forms a positive divergence on the RSI indicator. Also, to complete the reversal signs, you can draw a downtrend line and consider the break of the trend line as a signal for price growth.