CHZUSDT
CHZ 1D Wide range consolidation continues, targets in an ideaA month has passed since the publication of the previous global idea of the CHZUSDT trading pair.
In this idea, we warned that the coin requires correction, as a result of -40% in the value of CHZ and a minimum of $0.366
Now it turns out that the correction turns into a consolidation triangle
Those interested can try to trade within the triangle, the price movement range is more than 50%
Consolidation in a triangle can result in two equivalent scenarios:
1) Breakout up with the target of $1.40
2) Breakout downward with a target of $0.15
Therefore, you need to carefully monitor how the CHZUSD price will behave in consolidation, and for this, put like under this idea and write comments with thoughts on how the price will move and what news will contribute to this.
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CHZUSDTHello to you all. Mars Signals team wishes you high profits at all times.
There is an inverted shoulder pattern that can increase the price. But we wait for it to break its resistance and then we decide to buy and if we get out of support, we plan to drop more.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
CHZ - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
CHZ is sitting around strong demand in blue (2.50) so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: CHZ is forming a channel in red but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it. (gray zone)
Meanwhile, until the buy is activated, CHZ would be overall bearish can still trade lower till around the green demand zone (0.10)
In this case, we will be looking for new buy setups to form around it.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZ, bulls are in control Hi crypto traders,
I use VWAP for my entries and gauge the market sentiment. When price is way above the vwap line, it means many people are sitting in a lot of profit which has negative effect to the price, since traders are tend to sell.
When price tests the VWAP, it is a good price for entries. CHZ looks bullish overall and NOW is the moment to enter !
Stay safe!