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CHZUSDT

#CHZ Suspicious of the head and shoulders patternIn time H2, it is moving in an ascending channel, which forms a head and shoulder pattern with the formation of lower ceilings, which can enter the sell position if the low dynamic trigger is broken. Therefore, we should see a reverse candle in the resistance range. If the trigger breaks from above and stabilizes, this position will become invalid. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Short
by alikze
9
CHZ/USDT Bullish Rebound from Key Support?👀Chiliz Analysis💎 Paradisers, let's zero in on #CHZUSDT, currently showcasing a promising pattern as it retests its major support, hinting at a potential bullish upswing. 💎 Looking back, #CHILIZ has aligned with our previous forecasts, touching the resistance near $0.12. Now, we're setting our sights on a likely bullish phase for CHZUSDT, starting from the support retest at $0.09689. 💎 As strategic traders, we consider all possible outcomes. Should #CHZ struggle to sustain its momentum at this critical support level, we're eyeing a bullish recovery from a lower support at $0.07072. However, a break below this level might trigger a notable decline.
by MyCryptoParadise
CHZUSDT: Bullish Gartley Pattern on 2H ChartHello traders, I have spotted a bullish Gartley pattern on the 2H chart of CHZUSDT. This is a harmonic pattern that indicates a potential reversal of the downtrend. Pattern Details The Gartley pattern consists of five points: X, A, B, C, and D. The points must conform to specific Fibonacci ratios. The pattern is valid if the following conditions are met: Point B is a 61.8% retracement of XA Point C is a 38.2% retracement of AB Point D is a 78.6% retracement of XC Point D is also a 127.2% extension of AB As you can see, CHZUSDT meets all these criteria, forming a complete Gartley pattern. Conclusion The Gartley pattern is a reliable harmonic pattern that can help us identify reversal opportunities in the market. CHZUSDT has formed a bullish Gartley pattern on the 2H chart, suggesting a possible end of the downtrend. We can look for buy signals in the PRZ and aim for the Fibonacci retracement levels of AD as our profit targets. I hope you found this idea useful. Please like, comment, and follow for more updates. Happy trading!
Long
by FudoCava1978
2
CHZ/USDT Break out the key level resistance. Bullish Momentum??💎 CHZ has undergone significant developments in the market. Currently, CHZ has successfully broken out of a key resistance area, indicating a bullish momentum for its next move. 💎 The chart is now in a retesting phase, initially at the support level, which was previously resistance. After this retest, there's a probability of CHZ continuing its upward movement and reaching our target strong resistance area. 💎 However, if during the retesting phase CHZ fails to bounce from the support and instead moves sideways for an extended period, it raises concerns. This scenario could be a sign of potential support breakdown. If this occurs, the price may switch back to a downward movement, with the target set on the Bullish OB area. 💎 The Bullish OB area serves as the last support for CHZ, coinciding with the support trendline. Bouncing from this area and reclaiming the position above the resistance is crucial for CHZ to resume its upward trajectory. Failure to do so may result in continued downward movement, returning to the bottom support level.
by MyCryptoParadise
🚧CHZUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. Chiliz token showing a bullish flag pattern and Head&Shoulder, and also testing descending resistance🧐 Breakout above could spark large upside move up to the $0.55 resistance zone🎯 ❗ Note that if the Bullish Flag is broken down with the power of descending candles, our analysis will fail. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
5
CHZ/USDT Break the key supply area. Bullish Momentum for CHZ??💎 CHZ has been a standout in the cryptocurrency market recently. It has successfully broken out of the supply area, marked by substantial volume and a robust green candle. A daily candle closing above this supply area would confirm this breakout. 💎 Anticipation is high for the retesting phase; if successful, CHZ could continue, probability its upward trajectory toward the targeted resistance area. 💎 However, should CHZ fail to maintain its position above the demand area, previously the supply zone, it could signal a false breakout. This would likely result in a reversal of its upward momentum, leading to a decline back towards the strong demand area, potentially extending even further downward.
by MyCryptoParadise_Nathan
3
CHZ/USDT Attempting supply breakout? 👀🚀CHZ Analysis💎Paradisers, focus on #CHZUSDT as it's currently trading in a demand zone and eyeing a break through a strong supply, setting the stage for a potential bullish breakout. 💎Recently, #Chiliz has adhered to a descending trendline and managed a break, testing a robust supply. Presently, with its position in the demand zone at $0.08439, should it maintain its momentum, there's a high probability of breaking through this supply barrier, aiming for higher targets. 💎 Yet, in the unpredictable crypto market, flexibility in strategy is key. If #CHZ fails to surpass the $0.09469 supply zone and loses strength in the current demand zone, a shift in approach might be needed. 💎 This could mean preparing for a bullish resurgence from a lower support level at $0.07660. Keeping a vigilant eye is crucial, as a drop below this support could signal a lean towards a bearish trend. 🌴💰.
Long
by MyCryptoParadise
CHZ/USDT Bullish Horizons from Key Support? 👀🚀CHZToday Analysi💎 Paradisers, let's turn our attention to CHZUSDT as it exhibits a promising setup. Currently anchored at a crucial support level, it is signaling a potential bullish trajectory. 💎 Examining #Chiliz's recent performance, it has effectively broken above a descending channel and is now maintaining its stance above the key support level of $0.08354. Should CHZ continue to exhibit strong momentum above this level, we could see it aiming for the higher resistance at $0.09488, indicating a strong bullish inclination. 💎 Nonetheless, it's always wise for sagacious traders to have a contingency plan. If #CHZ fails to hold above the $0.08354 support, a shift to Plan B might be necessary. This would involve focusing on a bullish recovery from a lower support level at $0.08149. Importantly, should CHZ fall below this secondary support level, it could signify the beginning of a steeper downward trend.
Long
by MyCryptoParadise_Simon
3