CHZEUR AnalysisENGLISH:
Bullish flag in 1hr, continuation pattern, wait the breakout and enter in the re-test for confirmation. Also W formation in the last candles. also bullish.
Spanish:
Bandera alcista en 1hr, patron de continuacion. espera a la rotura y entre en el re-test , esperando la confirmacion. Tambien formacion de W en las ultimas velas, patron alcista.
CHZUSD
CHZ 1D Be careful, rapid growth needed correctionThe CHZUSDT pair has collected the most votes in the digest "Weekend Bitcoin" 12, so that we need to analyze it.
Of course, such vertical growth is difficult to analyze, but we will try)
The most optimistic variant for the CHZ, in our opinion, is a correction to the $0.30 area and from there growth to the $1.40-1.50 levels is possible.
More negative scenarios are a drop in the price of CHZUSD to $0.15 $0.08 and even $0.05. We understand - this sounds scary, and we will get a lot of hate, but such are the realities of the crypt and everything is possible here.
But there is a note of positive - that even such a deep fall will leave the price of CHZUSDT within the parabolic growth with global targets of $1.50, or even higher.
The moral of this topic: use stops and fix your profits in time , because the bull market can not only grow all the time, but also correct, and sometimes it is deep and painful for the deposit.
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CHZ / Chillz Long scale inParabolic move up
full disclosure currently short on this project but bullish long term
parabolic move up either needs to have a heavy pullback or consolidation
if betting on a pullback have given scale in areas to bid
argument to have sl a bid lower (monthly open / where parabolic move started)
have given an SL but wont be using one personally as bullish on project
Chiliz went on an extended Wave 5 climb, and should cool off.I found $CHZ sitting at $0.13 a few days ago, on Monday the be exact, and though, "What an exciting project!".
In a short span of time, it has since more than 2x -- which screams hyperbolic or overheated to me -- and I do expect things to calm down further in the coming weeks.
A good buy in signal would be if $CHZ trades back within the 61.8% fib retracement region of $0.12.
All eyes on this gem.
CHZUSDT (Flag Pattern)CHZUSDT (1H CHART) Technical Analysis Update
Flag Pattern
CHZ/USDT currently trading at $0.25
Buy-level: only buy after flag pattern Breakout ( $0.25 - $0.265 )
Stop loss: I will update once I see the breakout
Target 1: $0.295
Target 2: $0.315
Target 3: $0.35
Target 4: $0.40
ALWAYS KEEP STOP LOSS...
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The Weekend trade!Look at this beauty, wolves🔥
Well... it is definitely looks like a perfect flag pattern.
Long time I didn't see such a clear pattern like this one.
There were 3 touches of both support and resistance zones and now breakout is expected.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
CHZ will be doubleGiant cup nd handle on CHZ. if the neckline breaks we might not forma candle but wait for it to break the neckline before opening a long.
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