Chiliz Update 3Chiliz price has been repaired like the rest of the market and is now running between the price of 0.2 and 0.35 as support and resistance. So, to get back to the uptrend, the resistance 0.35 must be broken. Then the next targets would be available.
Note: Do not forget to do your own analysis before any trading.
CHZUSD
Chilliz - 100X Alt Coin GemThis coin went from $0.02 at the start of the bull run as is now $0.2 reaching highs of around $1.2 so closing on the 100X increase. It is a sports betting token founded in Malta. If the bull run continues as this is highly correlated with the price of bitcoin we should invest. It is increasing in value relative to bitcoin and putting in much higher returns.
CHZ 1D Wide range consolidation continues, targets in an ideaA month has passed since the publication of the previous global idea of the CHZUSDT trading pair.
In this idea, we warned that the coin requires correction, as a result of -40% in the value of CHZ and a minimum of $0.366
Now it turns out that the correction turns into a consolidation triangle
Those interested can try to trade within the triangle, the price movement range is more than 50%
Consolidation in a triangle can result in two equivalent scenarios:
1) Breakout up with the target of $1.40
2) Breakout downward with a target of $0.15
Therefore, you need to carefully monitor how the CHZUSD price will behave in consolidation, and for this, put like under this idea and write comments with thoughts on how the price will move and what news will contribute to this.
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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Chiliz next targetsThose who been holding Chiliz and not seeing upwards movements, the next leg up most likely will have to wait till end of May. As the bollinger band are starting to become smaller for the next big up move. Those still looking at entry point it looks like Chiliz still can move down a little lower, but anything around 0.45 - 0.5 is a great entry.
My strategy hitting first target to get out my initial investment as you never know if it could possible move down to the bottom of the channel again. With how much it went down with a down channel I feel like the 2nd target could be a top and selling all there and wait for it move down to the bottom of the channel again to rebuy.
Chiliz (CHZ) - April 28Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(CHZUSD 1D chart)
We need to see if we can get support and climb in the 0.48762724-0.54792702 section.
If it falls at the point of 0.36702768, a Stop Loss is required to preserve profit and loss.
The 0.48762724-0.54792702 section currently forms an important support section.
If it gains support in this segment, it is expected to continue the upward trend.
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(CHZBTC 1D chart)
We have to see if we can gain support and ascend in the 863 Satoshi-966 Satoshi section.
In particular, we have to watch for movements that deviate from the downtrend line.
If it falls at 659 Satoshi, you need Stop Loss to preserve profit and loss.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
CHZ - Buy Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Left Chart: CHZ is approaching a strong daily demand zone so we will be looking for buy setups.
Right Chart: CHZ is overall bearish trading inside our red channel but since it is approaching a demand, we will be looking for buy setups.
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?
Our upper red trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, CHZ would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich