CHZUSDT Bullish Accumulation | 25% Move ExpectedCHZUSDT Bullish Accumulation | 25% Move Expected
NOTE: Most of the markets are over-extended and every trade is at high risk. Do your own analysis. Do proper risk and money management. Spot trading only.
Entry: 0.29442
TP: 0.36804 | 25.01% ROI
SL: 0.27910 | 5.20% Loss
Take this analysis for educational purposes. Do enter if you don't know trading and trading psychology.
Chzusdtanalysis
CHZUSDT (30m CHART) Pennant PatternCHZUSDT (30m CHART) Technical Analysis
CHZUSDT (30m CHART) Currently trading at $0.2629
Buy-level: Above $0.2647 (Buy after Breakout)
Stop loss: Below $0.2526
Target 1: $0.2718
Target 2: $0.2790
Target 3: $0.2877
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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CHZ 1D There is positive for growthBefore we start reviewing the current situation on the CHZUSDT chart
We invite you to see how our previous ideas worked out, which were published 2-3 months ago, we are proud of them)
June at Chiliz is filled with positive news:
- today listing on Coinbace Pro, and then a few more listings on other exchanges.
- until the end of June, CHZ holders will be able to buy UFC FTO
Such facts are a good incentive for price growth.
On the chart, we see that the CHZUSD price has stopped below the strong mirror level of $0.375. Fixing the price above this level will open the way fo r growth to $0.64.
At the end of June, it will be necessary to closely monitor the behavior of the CHZUSDT price, to see if the coin's sales have begun.
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The sell-off could cause a corrective fall to the $0.28 leve l, but even in such a situation, the chances of growth will remain.
If the positive dynamics continues on the CHZUSD chart and on the crypto market as a whole, then in thoughts it will be possible to aim at $1-1.50-1.70 or maybe $2.80)
We'll see everything soon)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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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.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
CHZ review and analysisIt seems that the price correction is over and it can start growing soon, the possibility of pullback to the blue line is suitable for the entry point and it can start the growth from the blue line
It has a lot of funds in 30Apr and it is better to vacate a part of the position on the same day or the day before it reached the final target or good growth. Red line resistance
Do not forget to like and follow to see more analysis
CHZUSDT Falling Wedge PatternCHZUSDT Falling Wedge Pattern is about completed and expected a bullish breakout soon.
I have mentioned every detail in the chart from where you can take this trade if and only if the setup is validated, when, and why is also mentioned.
Again it's a Spot Trading Setup.
Enjoy the trade if the setup is validated.
Regards