#CHZ (SPOT) entry range(0.0520- 0.0660) T.(0.1349) SL(0.0504)BINANCE:CHZUSDT
entry range (0.0520- 0.0660)
Target1 (0.0842) -Target2 (0.0990)-Target3 (0.1349)
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
SL .1D close below (0.0504)
*** No FOMO - No Rush , it is a long journey ***
*** collect the coin slowly in the entry range ***
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CHZUSDT
Chiliz (CHZUSDT) Analysis: Exciting Buying Opportunity!Hello everyone! ✌️ Today, we’re taking a closer look at Chiliz (CHZ). In the weekly timeframe, we’re seeing signs that the wave 4 correction is coming to an end, and it looks like this cryptocurrency is gearing up for wave 5 soon.
Chiliz has captured significant attention due to its applications in the sports and entertainment sectors. Currently, an ending pattern is forming on the Chiliz chart, indicating the potential for a strong upward movement. If the trendline of this pattern breaks upward and the price surpasses the resistance at 0.17 cents, we could witness the start of wave 5.
Target Levels:
Target 1: $1.3 (a whopping 670% profit!)
Target 2: $4.3, if the market continues to move with strength and high liquidity.
These numbers suggest that Chiliz could be a fantastic buying opportunity for investors. However, keep in mind that every investment comes with risks.
If you’re looking for a good entry point into the market, Chiliz is definitely worth considering. 🎯
Important Note: Always invest with caution and knowledge. I hope this analysis helps you make better decisions and seize the opportunities available. Wishing you all the best! 🌟
CHZ in a Multi-Year Winter: Awaiting a Break for Wave 3 of 1CHZ looks like it’s deep into a multi-year correction as part of Wave 2 of the higher degree trend. The flameout in Wave 5 of 1 resulted in the current, drawn-out consolidation. This extended correction could be unfolding as a WXYXZ or a very elongated ABC pattern, reflecting the market’s need to churn and reset after the huge rally.
For now, volume remains low, suggesting the slow bleed may continue for some time longer. However, if we see a significant increase in volume, combined with a break of the upper trendline, this could signal the start of Wave 3 of 1, setting the stage for a strong impulse move upward.
Until then, patience is key, as the consolidation phase persists. But when the conditions align, CHZ could be primed for a major breakout.
CHZUSDT: Is a Major Bullish Reversal on the Horizon?Yello Paradisers! Are you ready for what might be a big move in CHZUSDT? It’s starting to show some strong bullish signals, and missing this could be a mistake. 👀
💎CHZUSDT has displayed a Change of Character (CHoCH) along with a Break of Structure (BOS), pointing towards a bullish market structure shift. Additionally, the formation of an Inverse Head and Shoulders pattern is further boosting the probability of a potential bullish move.
💎But here’s the crucial part! If CHZUSDT breaks out and closes a candle above the resistance zone, it will validate the pattern and increase the probability of bullish move.
💎In case of a pullback, we’re looking at the strong demand zone as a potential bounce area. However, we’d prefer to wait for an Internal CHoCH that realigns the market structure into bullish territory before making any moves. This confirmation would enhance the probability in our favor.
💎On the flip side, if CHZUSDT breaks down and closes below the strong demand zone, it would invalidate the entire bullish setup. At that point, it’s wiser to step back and wait for a clearer price action to develop.
🎖Patience and discipline are key here, Paradisers. Wait for the best setups, and don’t rush into trades without solid confirmation. Trade smart, and stay ahead of the crowd!
MyCryptoParadise
iFeel the success🌴
Chiliz CHZ price is suspiciously low🌶️ If we're not mistaken, #Chiliz is a digital sports and entertainment project with an office in Malta and "chinese roots", and if we're wrong, please correct us in the comments.
So, now CRYPTOCAP:BTC price is trying to adjust downward, and $CRYPTOCAP:CHZ price does not react at all and shows total stability.
Are we really going to see at least +50% movement of OKX:CHZUSDT price in the near future ?
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CHZ/USDT Long and Short Trade ideasCHZ is doing very well along with BTC, As btc is below resistance cluster so as CHZ. I am expecting rejection from here and will open SHORT after bearish CHoCH. And Target below Sell Side Liquidity. Below that SSL is a good area for long oppertunities. Here 0.0540 is a long oppertunity and will open long after confirmation.
CHZ Update (1D)From where we placed the red arrow on the chart, it seems that the correction of CHZ has started.
The correction seems to be a diametric. We now seem to be at the end of the G wave.
The green box looks like a good range for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $0.055 key level, which could signal at least a temporary bullish trend reversal with +20% upside potential to $0.067 next. Stop Loss at $0.049. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055, then $0.043. Nearest Resistance Zone is $0.067, then $0.08.
CHZ/USDT MAY-2024CHZ is currently holding strong at the support level, signaling a prime time for accumulation! Whether you're looking to expand your portfolio or aiming for significant gains, this could be a golden window for mid-term investment.
Market downturns, when interest is low and fear is prevalent, often present the best opportunities to accumulate assets discreetly and exit with profits when sentiment turns bullish again.
I've loaded up on CHZ and plan to strategically take profits at a target zone indicated on our latest chart analysis.
Important Reminder:
Always prioritize sound money management and include stop-loss strategies in your trading plan. This is not a leverage trade setup, so stay spot-on and safe!
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, trading well below 200-day moving average. However, price had a bullish breakout from Falling Wedge pattern and above $0.067 resistance, which could signal near-term trend reversal with +15% upside to $0.08. Stop Loss at $0.064. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055. Nearest Resistance Zone is $0.067, then $0.08.
CHZ Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
Ever since March 2021, when CHZ made its all-time high at $0.94, it has been in a downtrend. The price of CHZ has fallen almost 94%, and it could get worse if it doesn't hold the initial support level at $0.0536.
Currently, the price is showing a rebound action, and if it plays out successfully, we are likely to see CHZ at $0.1253. In the long run, CHZ needs to achieve a 16x gain to reach the all-time high level.
Considering a further downfall, $0.0344 to $0.0408 is likely to be good support for CHZ.
- Primary Support/Entry: $0.0536.
- Lower Support/Good entry: $0.0344 to $0.0408.
- Primary Resistance: $0.1253.
- Invalidation point: A breakdown and close below the lower support trendline.
DYOR, NFA.
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#CHZ/USDT#CHZ
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in green at 0.0670
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.0670
The first target is 0.0790
The second target is 0.0900
The third goal is 0.1050
Chiliz Analysis: The big move is getting started!CHZ is down almost 92% from its ATH and is supported at $0.06, which I expect to be the ultimate support for the entire correction of the recent cycle. I am looking forward to a change in the character of the chart in the upcoming weeks. The targets I have in mind are $0.55 and $3.4. DYOR
CHZ looks bearishWarning: Do not enter the position without trigger and confirmation and trading setup.
In the previous analysis, we explained that CHZ is located in a large diametric and only one G wave is located in this large diametric.
With the sharp correction that was done, it seems that this G wave correction is a 5-wave (triangular) or 7-wave (diametric) correction.
We have specified the drop targets ahead of us on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Chiliz CHZ price is "resurrecting" “Someone” finally started to show interest in #CHZ and "resurrecting" its price.
The #CHZUSDT price moves “differently” from the CRYPTOCAP:BTC price. It is worth at least taking the asset on a pencil and keeping an eye on it.
A positive scenario is a correction to 0.13 and continued growth
A less positive scenario is a correction to 0.10
Growth in both scenarios is possible up to $0.22, and if you are lucky, up to $0.50)
CHZ/USDT (Chiliz) : 50% Growth Amid Bitcoin Corrections (READ)By examining the #Chiliz cryptocurrency chart on the weekly (logarithmic) timeframe, we observe that the price has experienced an impressive 50% growth since five weeks ago when we introduced it for further analysis in long-term investment. Despite the corrective state of Bitcoin, Chiliz is currently undergoing a pump! I hope you find this analysis useful. The next targets are as follows: $0.16890, $0.215, $0.297, and $0.39360.
The Main Analysis :
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Best Regards , Arman Shaban
$CHZ is now testing the historical and greatest resistance#chz #chiliz price has proven strengh over months and now testing the top of the long term channel and retesting the long term trendline. Breaking the channel out with a succesfull retest will proceed the price movement upside in mid / long term. Not financial advice.