CHZUSDT
CHZ looking ready to reverse...BINANCE:CHZBUSD
Closing on reversal zone, strong historic resistance, expect closing of long. Some TP
Ongoing narrative re. World Cup - unlikely to outweigh downside market risk in near term - may result in crash and rebuild toward the game dates
Bullish impulses weakening for last two cycles. Expect one more push up - to gap zone then BOOM!
Enjoy
Trading opportunity for CHZUSDT ChilizBased on technical factors there is a Short position in :
📊 CHZUSDT Chiliz
🔴 Short Now 0.2688
🧯 Stop loss 0.2910
🏹 Target 1 0.2500
🏹 Target 2 0.2210
🏹 Target 3 0.1800
💸Capital : 1%
We hope it is profitable for you ❤️
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Not a hot chilli, retrace incomingPotential short term double top for CHZ as it is finding trouble breaking out of the lip of the cup for the handle, looks like a it is getting rejected in the area and could potentially come back to the bottom of the double top at the 0.382 retracement of 0.18, hopefully it holds there as strong support, if not, next area would be 0.143 which is the 0.618 retracement.
Thoughts?
CHZUSDT 1DCHILIZ (CHZ) is now trading on its LTA (Uptrend Line) that started on 9/15/2022. Since September 15, the upward price movement has followed an aggressive bullish line, even with the high volatility of BTC. A large volume contributes to this high. This bullish rally has started since CHILIz made an announcement that it will stop using the ethereum blockchain to allocate its fungible and non-fungible tokens to its own CHZ 2.0 blochachain. And it will start its stake with the Cayene update.
Its key support levels are $0.2327 and $0.2123, and resistance levels are $0.2468 and $0.2602.
CHZ - 1H Bearish DivergenceCHZ has been on the rise in the past couple of days before reaching its peak price point of ~0.26. Momentum has been fading together with volume and recently a bearish divergence seems to have surfaced on the RSI and MACD indicators. It would be likely to see a short term price retracement from the lows in area 0.23.
Will try a very risk and short term short, eying 1-3% gain.
CHZ/USDT ChartHi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
The crypto market and markets in general are not looking good. BTC and ETH might have a recovery today but other coins are basically waiting to drop even more. CHZ had a great run in the past few days but we already have a bearish divergence in the 4H chart. In spite off being one off the strongest coins right now, the selling pressure will affect almost every tradable coin. Comment what you think.
I don't know if I can stream this week.
Chiliz CHZ outperformance since AugustYes... I am invested in Chiliz since I did my personal research on it... and you must do that for your own responsibility
Just want to point our chart facts here comparing CHZ 🔴 BTC 🟠and ETH ⚫️since the TOP in November 2021
We see a clear CHZ outperformance since August
*not financial advice
do your own research before investing
CHZUSDTchzusdt is making a bull flag in daily timeframe which usually breaks to the upside. If it breaks then the next resistance is 0.2378 which is also the fib 0.618 ratio.
If it breaks and confirm support above 0.2378 then the next target would be 0.2788 , 0.3311 & further respectively (mentioned in chart).
resistance - 0.2378
current support - 0.2090
NOTE - CHZ is a platform for trading football fan tokens & worldcup is also around the corner.it could go parabolic.