CHZ Possible bounce in Fib Golden pocket areaBYBIT:CHZUSDT
Has retraced to a Fib Golden pocket area after making a local high.
Awesome Oscillator and RSI look to be printing Bullish divergence on the 30m. Wait for confirmation.
Look for longs in this area WHEN YOU SEE A SIGN OF STRENGTH - (i.e. swing failure pattern or morning star candle pattern)
Possible Double bottom at Orange circle area.
If no sign of strength and price falls through this golden pocket area (0.618 and 0.66 Fib), do not enter as market structure would have been broken.
When price hits the short stops area, expect price to shoot up as those shorts covering will re enter the market as longs. These can be used as TP areas.
Tight stops
Not financial advice. DYOR. Papertrade before using real money
CHZUSDT
CHZ Short IdeaBYBIT:CHZUSDT Order flow showing big longs that have opened at the top of the 30m candles.
Swing failure pattern rejection has happened off the Value area high and Daily resistance, also a Fib golden pocket level.
PSAR has already printed a short signal on the 15m and RSI in overbought territory. If 30m and 1hr prints sell on PSAR, this could potentially be a good trade.
Long stops most likely placed between 0.1295 and 0.13120 as it is below the swing low on the 1hr.
If price hits this zone, we will most likely see quite a few longs liquidated and a run down, possibly to the POC for a 10% gain.
T P O Chart shows single prints below this level, which means price is likely to run down without much resistance to the POC.
Ideally you would have entered around 0.13500, but Tight stops and Stops in profit if you decide to enter as price drops through the liquidation zone.
Not Financial Advice. DYOR!
BITCOIN on TrendLine SupportAccording to the chart is in the important range of dynamic support trend line. If this line is broken, we will see more falling trend. And if this range is maintained, we will expect the trend to return.
If the line breaks, the analysis process will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
CHILIZ Daily TA : 05.02.22 : #CHZIn this chart, we have examined the important and key levels of price supports and resistances , as well as the appealing levels for possible investment opportunity in this chart have been identified and you can keep an eye on it .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.02.2022
⚠️(DYOR)
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CHZ/USDT - Potential 76% SetupHello Traders!
CHZ price is moving in an uptrend. After a local correction, the price has consolidated above MA100 and continues to consolidate in a narrow range of $0.2290 - $0.2475
We can look for purchases to connect to the uptrend in the price range of $0.2150 - $0.2350
Targets for short-term purchases will be price levels of
$0,3175
$0,3500
$0,4040
It's necessary to close the deal using stop-loss only in case the price decreases under the price level of $0.1675
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
CHZUSDT H16: 350% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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CHZUSDT H16: 350% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CHZUSDT 16H/candle chart review
::: setup still valid as of right now
::: accumulation in progress now
::: price trading in BEAR CHANNEL
::: inverted H*S speculative setup
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 0.12-14 cents
::: currently re-accumulation in progress
::: sideways/range price action for now
::: alternatively BUY BREAKOUT
::: up to 350% gains possible later
::: short-term pullback/correction
::: is possible / likely
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +350% gains
::: details: see chart
::: FINAL TP is +350%
::: recommended strategy: BUY/HOLD 12-14cents
::: TP BULLS +350% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/RANGE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
This Chiliz Is Spicy HotChiliz might be going to end correction soon with Falling Wedge brekout & Resistance 1 breakout in place.
Break above 0.3304 should signal the start of the Wave 3 of Grand Supercycle.
Good buy range is anywhere between Initial Break zone and Resistance 1 level.
This is Weekly chart, things might take some time to kick off. Be patient.
CHZ weekly parallel channel#CHZ/USDT
$CHZ is trading inside descending parallel channel that rejected from middle line.
Fib levels of last swing high show that price is at support of 0.5 and 0.618 levels.
🐮 holding the support of fib levels till 0.786 can increase price to middle line and break out from middle line help price reaching upper line of channel.
🐻 breaking down from 0.786 fib level will drop price to lower line of channel.
CHZ FIBONACCI LEVELS DURING THIS BULLRUN!After that long phase of correction
My expectation for this project is that
Chilliz going to that high again coming months
during this bullrun.
I believe that we allready bottomed out for all crypto´s
Thats why i decided to use FIB tool
IMO we will see a nice relieve rally soon.
Since inflation is soaring and large investors realising that
crypto is becoming a safe heaven.
This project allready works with a lot of large sport companies.
That is why i believe this project will be one of the winners.
Chilliz retesting broken supportHello traders, that' s my new idea:
We have CHZ currently touching the strong support that was already broken, my analysis suggests me to enter a short position here.
Why?
It is situated in now a strong resistance and the probabilities of a breakout looking the bitcoin situation are quite low.
The EMA21 has crossed the EMA55, this indicates a downtrend and how it is said Trend is your friend.
It is testing the triangle line drawn in chart.
Entry, stop and take profit are in chart.
This is invalidated with a 4h close over the blue line.
I express only my opinion, do always your own research.
No financial advice.
Bearish Flag on CHZUSDTBased on technical factors ( Flag pattern ) there is a short position in :
📊 CHZUSDT Chiliz
🔴 Short Now 0.2425
🧯 Stop loss 0.2665
🏹 Target 1 0.2200
🏹 Target 2 0.1900
🏹 Target 3 0.1650
🏹 Target 4 0.1470
💸Capital : 1%
We hope it is profitable for you ❤️
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