#Chiliz|Trendline testPlease support the idea by pressing the like button
#CHZBTC
Buy Between : 0.00000094 - 0.00000084
Target 1 : 0.00000106
Target 2 : 0.00000117
Target 3 : 0.00000147
Target 4 : 0.00000162
Stop loss : Close the daily candle below the trend line
#CHZ VIP Call 102% Profit
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Chzbitcoin
CHZ/BTC TA Update (Bullish Breakout?)CHZ/BTC
CHZ is looking bullish as the price broke outside the trend-line of resistance after finding support at the previous Higher Low at 100 sats area.
If CHZ can hold this price level for a couple of days and bounces at the immediate support area.
I expect further upside action up to the 0.5 Fib level before it will decide to continue Higher High or come back retest Swing Low.
CHZBTC forming bullish BAT | Upto 173% move aheadChiliz (CHZ) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the Chiliz (CHZ) price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: 0.00000084 to 0.00000067 sats
Sell between: 0.00000124 to 0.00000183 sats
So this trade has potential to give upto 173% big bullish move.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
CHZ/BTC in falling wedge meets support zoneWe can see a very clean falling wedge formation in 4h and also 1h chart. The bottom of the falling wedge fits perfect with the support zone. In my Opionion this is a good point to see some serious bounce in CHZ/BTC.
Always use SL and do your own research. Also be carefull with altcoins when BTC makes big moves.
Thank you for reading my first post! Feel free to give some feedback!
CHZBTC forming bullish butterfly upto 43% expectedPriceline of Chiliz / Bitcoin cryptocurrency is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000155 to 0.00000139
Sell between: 0.00000168 to 0.00000199
Regards,
Atif Akbar (moon333)