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CHZUSD trade ideas

CHZUSD Giant Falling Wedge about to break upwards?Chiliz / CHZUSD crossed today over the 1day MA50 for the first time in 2 months. Even though that is a significant bullish signal, it is still not as strong as a potential break over the top of the Falling Wedge pattern would be. As a result, a break over the Falling Resistance would target the 0.236 Fibonacci level and 1day MA200. Buy when a 1day candle closes over the 1day MA200 and target 0.15000 (a little under the 0.618 Fibonacci). Note that the 1day RSI is on the Resistance level which has priced 3 Lower Highs on the Falling Wedge. This is why wee need to see a clear breakout. Follow us, like the idea and leave a comment below!!
CRYPTO:CHZUSD
by TheCryptagon
CHZ/USD Local trade. Pivot zone.Logarithm. Time frame 1 day. Local trend. The reversal zone (price squeezed) in the descending channel. After the rebound, the price is squeezed in a narrow zone of 124-144. The chart shows the percentages to the key support/resistance levels from this price squeeze zone. Risk management. It's worth noting that the price of the coin is at a super profit, I've clearly shown this on the chart, which shows the entire main, long-term trend (the entire trading history). Consequently, when working on a coin, you need to keep this in mind and limit potential losses. Observe the risk management. Secondary trend. Time frame 3 days. CHZ/USDT Secondary trend
BINANCE:CHZUSD
by SpartaBTC
23
✴️ Chiliz | Weak But Not For Long...We can see that CHZUSD (Chiliz) is trading below its May 2022 low which is a signal of weakness. Many other Altcoins are already above EMA50 and EMA100 daily but this one is lagging behind. As I explained before, with thousands and thousands of Altcoins, some will move ahead and the rest will follow. The market moves in sections, in groups. We have a lower low in June and a V shape recovery. We have a very strong bullish divergence with the MACD which is very telling as these divergences only develop when a reversal is about to happen. This being a year long divergence tells us everything we need to know. Here is the MACD chart: That's pretty much it. Wishing you a good day! Salutations.
CRYPTO:CHZUSDLong
by AlanSantana