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CHZUSD

"CHILIZ IS ABOUT TO STRAT AN UPTREND"Greeting from IRAN to whole trading community 💙✔ CHILIZ has managed to make a new ATH in early march After that achievement , Chiliz started a major donwtrend (Red dotted line) which last about 1 month After that a strong breakout happened , price has risen about 80% then it dropped down back to its major support zone I expect to start a new uptrend from this powerful support zone TP 1 & 2 : 0.6$ & 0.8$ SL : 0.35$ Trade on your risk and responsibility :) KEEP IT SIMPLE:)
Long
by nima-mohammadkhani
26
CHZUSD - Buy Setup Forming!As per my last video idea, we were waiting for a break above the last swing high on H1 to buy, which didn't happen yet. Update: CHZ is still trading inside our red channel and now forming an inverse head and shoulders pattern. The setup is objective on H1, but I shared the H4 timeframe this time as it is cleaner. 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? Trigger => Waiting for the right shoulder to form and then buy on the green neckline break upward. Meanwhile, until the buy is activated, CHZ would be overall bearish and can still test the blue demand before going up. In this case, we will be looking for new buy setups to form. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
36
We're nearly there!We've seen body closure above the lower trend line but i'd still like to see it above the wicks as seen in the upper trend line. We could perfectly bouncing of the lower trend using it as resistance to move upward. However, if we go slightly lower... I think we have some wick fishing to towards 0.786 fib which correlates perfectly to the $0.40 psychological level where buy orders will most likely be set. Nonetheless, i'm nothing but bullish, we're going to smash $0.65 & then $1.00 very soon!
Long
by benjamintrades
Is CHZ days are over?CHZ has been moving in a descending Triangle for some time now, and all this while it hasn't attempted to touch the upper Trend LIne (Black) of the Triangle . At the much small time frame, we can see that CHZ is moving in a downward parallel channel. Also EMA 25 is working as a Resistance which states that CHZ would need bit of fight before moving back up. Also Volume is not working in its favour either and its been pretty low. Looking at all these trends there are two potential scenarios that can happen. Scenario 1 (Black Path) - CHZ to move in downward parallel channel and break lower part of the triangle to officially enter the downward trend. Scenario 2 (Red path) - CHZ to bounce off from S1 and try to break upper part of the triangle. So far looking at the trend, scenario 1 looks more likely. However in crypto world currencies are free to move and can surprise you in the last moment. If you like my analysis then do drop a LIKE and a COMMENT. Also dont forget to SHARE it with your friends. Also dont forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
4