CHZUSDT - I'm short here!I think it had a quite strong run upwards, and longs are getting tired as the price doesn't continue to push up while the selling pressure is increasing.
CHZUSD trade ideas
CHZUSD and BTCUSD trading is differentBitcoin trades more like the S&P 500 = consolidation at prior POC and then a rally (so exiting below a red bar on after a higher POC is best)
CHILIZ on the other hand is at the moment in rally mode with alsmot no pullbacks. So waiting for breakouts of narrow consolidation areas is key.
Notice there was a relative high volume on 9th of march, so the following day it could not get through that area. Whereas bitcoin sold off enough giving you the opportunity to get in long on 10th of march.
But if there is no high volume due to a sell off there can be false entry signals in the morning, so keep that in mind.
Chiliz went on an extended Wave 5 climb, and should cool off.I found $CHZ sitting at $0.13 a few days ago, on Monday the be exact, and though, "What an exciting project!".
In a short span of time, it has since more than 2x -- which screams hyperbolic or overheated to me -- and I do expect things to calm down further in the coming weeks.
A good buy in signal would be if $CHZ trades back within the 61.8% fib retracement region of $0.12.
All eyes on this gem.
CHZ - Bullish Flag (1 Hour)A bullish flag pattern typically has the following features:
Stock has made a strong move up on high relative volume, forming the pole
Stock consolidates near the top of the pole on lighter volume, forming the flag
Stock breaks out of consolidation pattern on high relative volume to continue the trend
Basically, once it crosses the slanted line, it would be a good time to buy.
Like last week CHZ should pullback to 0.2 before moving up againIf you missed the upmove a short trade is now possible or simply wait for another upmove after friday
CHZ - $0.49 NextCHZ is currently trading above the 1.618 fib level of $0.2497. As long as CHZ is above this level, we could start seeing a move towards $0.3421, $0.4346 and $0.4917. Failure to hold the support at $0.2497 could lead to a drop towards $0.1925, $0.1825 and $0.1386.
The Weekend trade!Look at this beauty, wolves🔥
Well... it is definitely looks like a perfect flag pattern.
Long time I didn't see such a clear pattern like this one.
There were 3 touches of both support and resistance zones and now breakout is expected.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
CHILLIZ CHZ, MOMENTUM RISING, STAY LONG STAY CHILL!See chart. Very nice green candle today, momentum rising, bull flag forming. Time for chilliz ?
Chilliz is a very interesting token, it has gained the official support of several major footbal team around the world (e.g. AS ROMA, JUVENTUS, PSG, BARCELONA, etc) and will continue to get more sponsorship!
The idea is to make official ETH type token to buy official goods, tickets from the official shops plus other stuff and perks that are still to be decided. It's a very niche project (sports) but very interesting nonetheless.
www.chiliz.com
Since I've been having several people asking, if you are new of cryptos you can buy all the coins available on Binance and Poloniex Exchanges with discounted comissions fee using my referral code:
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accounts.binance.com
CHZ 8.17.20I'm really liking the look of this one. If it does really break out look for retest of resistance as support. Easy money. If it pulls back i will be loading up on some
CHZ/USDT , Chiliz Analysing* CHZ is one of best coin backed by projects making aggrement with many sport teams .
*Daily chart shows there is a strong support at $0,01 and probably it will start rising from that distance.
*Next support level is 0,0088
Targets are $0,0117 and $0,0138.
Good luck
CHZUSD - symmetrical triangle - tight range! CHZUSD
Price is currently between support and resistance consolidating in a symmetrical triangle. This triangle occurred after a bear break, mostly that means that price will continue down.
But it can also reverse, it depend on how btc will react.
It’s always smart to wait for a break with big volume to see which direction we are heading.
