CHZ0.618 fib level holds so far. If CHZ drops below this level, I will most likely buy between 0.707 - 0.786 fib levels...
CHZUSD
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
CHZIf CHZ stays above $0.45 we can see a cup and handle formation.
Long term targets: $1.26 and $1.80
Stop: under 0.45
Always risk only what you can afford to lose..!
CHZUSD facing resistance after pullback0.382 fib level looking like a key resistance level we must break to get back into the rising trend after flag breakout
"CHILIZ IS ABOUT TO STRAT AN UPTREND"Greeting from IRAN to whole trading community 💙✔
CHILIZ has managed to make a new ATH in early march
After that achievement , Chiliz started a major donwtrend (Red dotted line) which last about 1 month
After that a strong breakout happened , price has risen about 80% then it dropped down back to its major support zone
I expect to start a new uptrend from this powerful support zone
TP 1 & 2 : 0.6$ & 0.8$
SL : 0.35$
Trade on your risk and responsibility :)
KEEP IT SIMPLE:)
Chilliz ranging before a parabolic runNFT's will be back in favour again soon in this bull run.
$CHZ ranging between 0.48 and 0.55 before another run-up with both price and volume support
Had a huge run-up so could take a while to digest the gains before the next leg.
Partnered with FCB, PSG, AS Roma and UFC. A project that brings normal people into Crypto and has some real-world use case
Back to ATH will be 71%.
SL: 0.42
Chilliz, Enjin and Mana :)
#chz daily chz after ATh have a sideway action ,look like doge before move
as soon hold the support can back to ATH and can hit upper target
CHZ bullish downtrend flag patternCHZ bullish downtrend flag pattern + retest of previous resistance possible (blue line). Works clockwise so we should see breakout soon.
Take profits on 1.618 fib from daily charts on $1.24
CHZ Cup and Handle to Bullish Flag patternCHZ after clockwise breakout from Cup and Handle pattern seem to regain it's energy into very bullish downtrend Flag pattern. The movement just started and it's definitely not over yet. Due to fibs on daily charts first take profits around 1.24$.
CHZUSD Decisive pointWe are in a very hot position on the short term of CHZUSD pair. Now we either bounce of the breakout level retest and start a move upwards or sink down below again and return to the downward trend. I still believe CHZ has had his correction and we are ready to test 0.95 levels
.95
CHZUSD LONG/BUY ASAP - Take Profit at 1.0084000Technical Analysis
1. Large Pennant / Falling Wedge
2. Market broke out of Pennant and Retraced to Top Trendline of Pennant
3. Fibonacci Retracement at 0.786 (Silver Zone)
CHZ flag pattern (long term) can gain 1000% againHI guys this my idea i think CHZ will have good pump and when break out the rectangle and complete the flag pattern
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
CHZ review and analysisIt seems that the price correction is over and it can start growing soon, the possibility of pullback to the blue line is suitable for the entry point and it can start the growth from the blue line
It has a lot of funds in 30Apr and it is better to vacate a part of the position on the same day or the day before it reached the final target or good growth. Red line resistance
Do not forget to like and follow to see more analysis
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!
