Chiliz is chilling CHZ/USD W. IdeaIm learning to TA, please dont judge me.
Looking into data from when selloff started in April and MCB wave started to roll down and second point, when MCB showing the bottom in June, pulled two separate VPVR for those ranges.
Pulled Fibb retrace.
Long time frame VPVR is in confluence with deep retrace by Fibb at $0.165
Short TF VPVR lowest volume is near 0.5 Fibb and in confluence with one of the weekly closed candle, when it bounced, I'd say significant point.
Fibb GP near $0.135-0.14
Long TF VPVR in confluence with Fibb deepest retrace at $0.12
Here is the fourth point of interest: on macro it just printed LH and in the event of the Nuke we will find it at $0.04.
Of course, Im probably wrong on everything, bc it will decide to pump out of nowhere...
Thank you for reading.
I would appreciate help and correction on everything I have here.
CHZUSD
Chiliz CHZ below $0.24 in the huge flag - what next?Chiliz CHZ below $0.24 in the huge flag - what next?
If price gets above this volume profile resistance next target would be $0.48
Maybe more likely a move to the lower flag border at $0.06 - a hidden bearish divergence is concerning
Overall a huge flag with bullish chart outlook on long-term
Comments & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
CHZ/USDT Elliott Wave count 1H TFChliliz ended a 5th waves move to upside and now I think it Will go into a correction phase ABC flat pattern. It will be extended we will gonna see.
I entered long on CHZ with targets into the box for an other ABC correction that will be the eave B from flat correction. Good luck!
✅TS ❕ CHZUSD: resistance level✅✅CHZ has moved into a downtrend. Now there is a correction to the resistance level. It is possible to bounce down.✅
🚀 SELL scenario: short to 0.176.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ CHZUSD: formed the top✅✅CHZ formed the top, after which the price went down. I expect the fall to continue, perhaps even to the support level.✅
🚀 SELL scenario: short to the support level area.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
The diamond on the CHZUSD day chart !CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart .
It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below .
TP1: 0.2646
TP2: 0.3148
TP3: 0.3351
TP4: 0.3568
TP5: 0.3784
TP6: 0.4487
If breakdowm the diamond
the strong support will be 0.1512
CHZ/USDT Elliott Wave countChiliz after ended an impulse to the upside entered into a correction that I think is an WXY.
I entered short here after a rejection into 0.5 fib retracement of abc that forms W wave with targets at those two support levels and stop lose above 5th wave.
I will keep updating this trade so if you like it subscribe for future updates and give a like.
Thank you and good luck.
CHZ targetting .382 fib?!CHZ has been performing exceptionally well! No one can deny that.
But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey.
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual and inevitable massive rally break out!!
P.S, forgive the repost. the mobile version is wonky at best. i wont be messing around with that again.
CHZUSD ❕ correction continuesPrice has formed candles with long upper shadows, which may signal weakness of buyers.
After the long shadows, a Spinning Top was formed, which indicates uncertainty in the market.
On the 4H Timeframe CHZ is in the overbought zone.
I think the asset could go down in search of liquidity if the price holds below support.
Chiliz (CHZ) - August 24Hello?
Welcome, traders.
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Have a good day.
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(CHZUSDT 1W Chart)
The 0.1858-0.2460 interval is the interval that determines the trend.
Therefore, if it rises above 0.2460, it is expected that it will lead to an upward movement to the next section, 0.4869-0.5471.
However, the key question is whether it can move higher than 0.3665.
(1D chart)
A break above the 0.2695, 0.3034 and 0.3319 points is required to move above 0.3665.
To do that, you need to make sure you can get support in the 0.2402-0.2640 zone or higher.
If not, you should be careful as the pull back pattern could lead to a drop near 0.2079.
The 0.1858-0.2460 section is a trend-determining section, so it is highly likely to lead to further upside if supported in this section.
However, as it is currently higher than 0.2460, if it falls below 0.2079, it is highly likely that it will lead to further declines, so be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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CHZ Big rally is loading with World CupAll blockchain ETH, SOL, AVAX, ADA are fighting to be major blockchain.
However CHZ made huge partnership with all football teams.
Now it is time mo build metaverse for each teams for CHZ. All fn tokens getting meaningfull with metaverse.
50 Dollar is coming around November-2022.
Fasten your seat belt and see what is going on ;)
Chiliz back in triangle pattern - next target: BREAK resistanceChiliz back in triangle pattern - next target: BREAK resistance
CHZ avoided the bearish scenario and invalid the textbook breakout of descending triangle
Now we are at a strong resistance from ATH
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
CHZ/USDT - 20.08.22 Market UpdateHello Traders!
CHZ is moving within the downtrend. The local uptrend started, following the price getting a reaction from the MA100 on the weekly timeframe.
Based on the situation in the market, we can assume another wave of reduction. In this case, medium-term positions will be interesting.
Purchases can be considered in the range of 0.050-0.087$.
The targets will be the price levels of $0.25 and $0.33
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice