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Chiliz / TetherUS PERPETUAL CONTRACT

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CHZUSDT.P trade ideas

#CHZ - still good price to buy#CHZ It has a lot of interesting and strong resistance levels, that after breaking them can stand as a good support level. I have been writing about this coin since November 10. And in this TA I decided to write more detailed analysis. I expect that the coin will pump near days and will reach the target at 0.12$ (n.1) that you can see on the chart. After that important to see to the coin’s strength, if the price is pushed hard, then probably it will continue its uptrend to another target at 0.1521 - 0.1614$, where we will definitely see bear reaction (n.2) If the uptrend is weak, then we may see the correction already at 0.12$ where the retest of 0.10145$ level is OK for the Bull continuation. (N.3) If the coin comes to the targets I was mentioning about above, or 0.1521 - 0.1614$ and it starts to consolidate there, then high probably that the coin will continue its bullish trend to other higher targets at 0.2116 - 0.24$ (n.4) This bullish trend invalidates, if we see that the coin is loosing its support at 0.1521$ in this case it may come to the lower targets. (N.5) All other important levels you can see on the chart
Long
by vazitrades
CHZ Chiliz Price TargetBinance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is CHZ. I've set a short-term price target for CHZ Chiliz at $0.055. Looking forward to read your opinion about it!
Short
by TopgOptions
CHZ/USDT bullish ride? 👀 🚀 CHZ Today analysis💎 Paradisers, prepare for a promising opportunity with CHZUSDT, as it has recently transformed resistance into support, indicating a strong likelihood of a bullish trajectory. 💎CHZ has consistently followed a descending channel, breaking above it to initiate an upward trend. After surpassing the resistance level at .6515, it successfully captured buying interest, further breaking through the second resistance level at .7497. Currently, this second resistance level has evolved into a support zone, enhancing the probability of a continued bullish movement. 💎 Should the price fail to honor the current support level at .7497, we anticipate a bullish strategy from the demand level. A breach below this point could lead to a significant drop towards the next support level. This scenario underscores the importance of staying alert and responsive to market dynamics. 💎 A key milestone to watch for is the breach of the third resistance level at .8464. Such a development would likely signal the commencement of the next bullish phase, presenting a strategic opportunity for market participants. As always, vigilance and timely action are crucial in navigating these market shifts.
Long
by MyCryptoParadise_Simon
✴️ Chiliz Grew 24,700% Just Two Years Ago...Considering the fact that Chiliz (CHZUSDT) grew by an astonishing 24,700% in 2021, just two years ago, it is more than possible to see a bullish wave extending beyond 1,800% and hitting even 3,000% or many times more. The last bull market lasted 364 days after the double bottom (higher low). This time around we have a lower low instead. 364 Days would put us at early October 2024. This is just one method we use to calculate potential tops for the next cycle but we don't know how accurate it will be. As we continue to go through hundreds of charts we will come up with more and varied methods that will give us a better picture. When we have a set of say 3-5 different methods, plot them all together and get an average date we can calculate the next market cycle top with a high level of accuracy. This isn't really important though, what really matters is to buy low to later sell high and develop a plan to maximize profits when selling the target, the rest is just a waiting game. I hope you can join me in the coming months and years... Cryptocurrency has lots to offer. Namaste.
Long
by MasterAnanda
4
📈📊 #ChartPattern Alert! 📈📊 📈 Falling Wedge 📈📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern. 📈 How to Identify: Draw a trendline connecting at least two higher highs (upper trendline). Draw another trendline connecting at least two higher lows (lower trendline). 📈 What it Signals: The Falling Wedge suggests a potential bullish reversal, with buyers gaining strength as the price reaches higher lows within the wedge. It often forms during downtrends and can precede a significant price move to the upside. 📈 Trade Strategy: Consider buying when the price breaks above the upper trendline of the Falling Wedge. Set profit targets based on the pattern's height added to the breakout point. Implement a stop-loss to manage risk in case of a false breakout. Remember to validate your analysis with other technical indicators and conduct thorough research before making any trading decisions. Happy charting and trading! 📈💹
by RaffDN