Chzusdtlong
CHZUSDT Trade Setup1- CONSIDER STOP LOSS IN CHZ: assets with HIGH changes in short period could make a significant Loss Or Profit
2 - this idea does not mention TIME, ONLY the price movement is analyzed
3- this is only a technical analysis not a prediction
4- its easy to be wise after the EVENT
5- happy trading
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
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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
CHZUSDT / CHZ / CHILIZ Long Dream1- CONSIDER STOP LOSS IN CHZ: assets with HIGH changes in short period could make a significant Loss Or Profit
2 - this idea does not mention TIME, ONLY the price movement is analyzed
3- this is only a technical analysis not a prediction
4- its easy to be wise after the EVENT
5- happy trading
Is CHZ days are over?CHZ has been moving in a descending Triangle for some time now, and all this while it hasn't attempted to touch the upper Trend LIne (Black) of the Triangle .
At the much small time frame, we can see that CHZ is moving in a downward parallel channel. Also EMA 25 is working as a Resistance which states that CHZ would need bit of fight before moving back up.
Also Volume is not working in its favour either and its been pretty low.
Looking at all these trends there are two potential scenarios that can happen.
Scenario 1 (Black Path) - CHZ to move in downward parallel channel and break lower part of the triangle to officially enter the downward trend.
Scenario 2 (Red path) - CHZ to bounce off from S1 and try to break upper part of the triangle.
So far looking at the trend, scenario 1 looks more likely. However in crypto world currencies are free to move and can surprise you in the last moment.
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NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
CHZUSDT bullrun not over yet!CHZUSDT (4H CHART) Technical Analysis Update
CHZ/USDT currently trading at $0.515
Long Entry-level: $0.480 to $0.520
Stop loss: below $0.44
Target 1: $0.60
Target 2: $0.70
Target 3: $0.90
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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