CHZUSDT
CHZ grew by more than 15% yesterday and 7% today!CHZ grew by more than 15% yesterday and 7% today. After the price entered the corrective wave, we saw a positive reaction to the support levels of the floor of the medium-term bullish channel. After the pullback to the support range, this good rally occurred before the Bitcoin price declined. The resistance range of $0.236 to $0.270 is very important in continuing its mid-term and long-term trend because it is considered an important resistance in the daily time frame. Because if this area is broken, the price can even leave its long-term downward channel. For the short term, until the bottom of the ascending channel is broken and the market conditions remain favorable, we can expect more price growth from this currency.
Chiliz (CHZ) is the most dangerous altcoin!Hello, everyone!
This is the bonus analysis for today. I decided to consider the Chiliz because it’s pumping and have a huge interest because of that. I wanna warn you, buying this altcoin could be dangerous, not because of it’s pumping against the market, because of how it is pumping. It has too clear structure that can give me an idea that the target for CHZ is very low.
This is the daily time frame of the CHZUSDT chart. Here we have the confirmed 5 waves structure which have been already ended. I defined it because the price reached it’s target zone and confirmed waves 3, 4 and 5 with the Awesome oscillator divergence and zero line cross under.
Today the price pumped and found resistance exactly at 0.61 Fibonacci retracement. I think the game is over. Wave 2 is finished and next couple of weeks we will see the huge crash in the wave 3. This thought perfectly confirms our setup for the Bitcoin. Crash is imminent, guys. Prepare your bags!
Best regards, Ivan
CHZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CHZUSDT
There are R2 and R1 as the resistance areas which express the price was not able to rise. And S1 is a support line that shows the support of price at different points. Hence, we have the price fluctuating below R1 area and we believe it will rise to the height of R1 (this is a good point for saving profits) and there we should wait for some falling signs and then the short position of the chart is activated and a fall is waiting for it toward S1. If the price moves above R1 and fluctuates there, more rise is waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHZ 1DAfter 28 days down, CHZ found powerful FIBONACCI support at 0.1599 and pooled back reversing this formed downtrend.
Buyers have taken control of the horizontal support zone and the price is making higher highs and higher lows.
As long as the price is above the support level of 0.1599, we expect the buyers to be in full control for the CHZ to move towards its strong resistance of 0.2817.
Fundamentally CHZ is very high octane and is likely to take an impulsive kick up as the world approaches. Built on the Ethereum blockchain that allows sports and entertainment fans to monetize and incentivize their activities through tokenization. As an ERC-20 token, Chiliz provides currency for the world's first blockchain-enabled fan engagement platform, Socios. The Socios marketplace allows fans to buy and trade fan tokens or branded NFTs and participate in or influence club-focused polls and surveys.