CHZ/USDT Elliott Wave count 4H TFChiliz to end its move up?
Red scenario is a flat patern with A beeing a complex correction B beeing an extended flat that will end soon into the top red resistance and C must be an impulse to the downside after it Chiliz may continue his move to the upside.
Blue scenario to be a 4th wave triangle and now we are into the 5th wave and than massive drop down abc for wave 2.
CHZUSD trade ideas
Chiliz - $3.55 a realistic long-term target ❓Chiliz - $3.55 a realistic long-term target ❓
Quite impressive high similarity over 10 weeks 🔵
Further similarity over the next weeks 🔴❓
Projection target matches with log FIB 127.2%
What are your thoughts on that dear Crypto Nation?
Comment & FOLLOW appreciated
*not financial advice
do your own research before investing
Chiliz is chilling CHZ/USD W. IdeaIm learning to TA, please dont judge me.
Looking into data from when selloff started in April and MCB wave started to roll down and second point, when MCB showing the bottom in June, pulled two separate VPVR for those ranges.
Pulled Fibb retrace.
Long time frame VPVR is in confluence with deep retrace by Fibb at $0.165
Short TF VPVR lowest volume is near 0.5 Fibb and in confluence with one of the weekly closed candle, when it bounced, I'd say significant point.
Fibb GP near $0.135-0.14
Long TF VPVR in confluence with Fibb deepest retrace at $0.12
Here is the fourth point of interest: on macro it just printed LH and in the event of the Nuke we will find it at $0.04.
Of course, Im probably wrong on everything, bc it will decide to pump out of nowhere...
Thank you for reading.
I would appreciate help and correction on everything I have here.
CHZ below weekly channel#CHZ/USDT
$CHZ is below the middle line of a huge descending channel.
also, price is still above support zone which is shaped by 2 previous lows.
🐮if price holds this support and succeeds to break out from middle line of channel we can be hopeful that price continue the strong rally toward upper lone of channel.
🐻 and if price break down from support zone, next suopprt is between $0.13 and $0.11.
#CHILIZ $CHZ short ideaHello dear Traders,
Here is my idea for #CHZ
Price closed on daily chart below yellow trigger line (previous month low) - Trade active.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Please feel free to ask any question in comments. I will try to answer all! Thank you
CHZ/USDT Elliott Wave count 4H TFChiliz into an ABC correction after a leading diagonal impulse to the downside.
I entered long here with targets into the box. I will update TP after I see more price action, but I am expecting to hit 0.5 or 0.618 fib retracement of the impulse.
If you like my analysis subscribe for future updates and give me a like. Good luck and thank you!
CHZ/USDT Elliott Wave count 15min TFChiliz is into an leading diagonal that I think will end into the top of subwave A fom B wave of the bigger flat pattern soomewhere at 0.22120.
This leading diagonal probably is wave 1 form C wave.
Take a look also to the related idea that I publihed yesterday.
I will keep updateing this count. I am long on CHZ so if you like my analysys give me a like and subscribe for future updates. Thank you and good luck!
CHZ/USDT Elliott Wave count 1H TFChliliz ended a 5th waves move to upside and now I think it Will go into a correction phase ABC flat pattern. It will be extended we will gonna see.
I entered long on CHZ with targets into the box for an other ABC correction that will be the eave B from flat correction. Good luck!
CHZUSD (4H) Bearish reversalHi Traders
CHZUSD (4H Timeframe)
Waiting for the downward break of the 0.2020 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 0.2320 would cancel the bearish scenario.
Trade details
Entry: 0.2020
Stop loss: 0.2320
Take profit 1: 0.1850
Take profit 2: 0.1570
Score: 4
Strategy: Bearish reversal
The diamond on the CHZUSD day chart !CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart .
It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below .
TP1: 0.2646
TP2: 0.3148
TP3: 0.3351
TP4: 0.3568
TP5: 0.3784
TP6: 0.4487
If breakdowm the diamond
the strong support will be 0.1512
CHZ/USDT Elliott Wave countChiliz after ended an impulse to the upside entered into a correction that I think is an WXY.
I entered short here after a rejection into 0.5 fib retracement of abc that forms W wave with targets at those two support levels and stop lose above 5th wave.
I will keep updating this trade so if you like it subscribe for future updates and give a like.
Thank you and good luck.
Are We Done Yet?So, we have CHZUSD here, and it's still in an uptrend unlike a lot of the cryptos at the moment.
We're currently in a pullback at the moment, and the value is currently in what I think is a buy zone, based on my indicators. My instinct is that I should probably wait for a double bottom to form here and the MACD on the two hour to cross above zero, which should take maybe a day or two before making some higher highs.
As long as we stay above the VWAP center-line, that's when we get at least a third wave here, but I thought I'd ask you all if my analysis is sound. I'm about to head to bed because I'm not a robot, so we could well snap above or below the VWAP while I'm resting, so if I wanted to pre-empt that, is it a sound strategy to place a stop buy just above band one limits?
Probably not. Crypto tends to do the worst things while I'm in dreamland.