CHZUSDT.P trade ideas
CHZ trying to break the resistance area in frontThe "red" zone I consider a resistance zone, in the past acted as a good support. So the risk is now it will behave as a good resistance area. But with the current BTC going up and dominance going down, the market sentiment is green so Its a good chance the resistance area will be broken.
My plan is to open a LONG position now, SL at around 0.12350, add to the position when its clearly breaking 0.13, and have the following TP levels: 0.1455 / 0.1543 / 0.1645
CHZ ready to end consolidation?We can see on the higher time frame, CHZ putting in a series of higher lows. Seems that volality is just starting to pickup on the lower 4H and 1H time frames. The BTC pairing has just recently tapped the lows of the weekly order block. Not a bad place to enter long to take it back to the top of the range.
CHZUSDT is testing the key level againCHZUSDT is currently testing the dynamic resistance at around $0.1170.
This area has previously acted as a strong resistance level, with the market experiencing rejection from the 0.5 Fibonacci level. In order for traders to consider new short positions, the price will need to break below the key support level of $0.1140 and create a retest of this level.
Following Plancton's rules, a successful retest of this level would indicate a potential opportunity to enter a short position with a target profit level in mind.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
CHZ CAN DROP AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
CHZUSDT is testing the supportCHZUSDT is testing dynamic resistance after experiencing rejection at the 0.5 Fibonacci level. The price is currently hovering near a critical support level, and if it fails to hold, there is potential for a significant drop in price.
According to Plancton's strategy, traders may want to consider setting an order if the price loses support. It's important to note that the different colored structures indicate different timeframes, with the purple structure representing the monthly chart, the red structure representing the weekly chart, the blue structure representing the daily chart, the yellow structure representing the 4-hour chart, and the black structure representing the sub-hourly chart.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
CHZ/USDT About To BreakoutHey, traders ✌️
CHZ/USDT pair seems interesting with undergoing breakout currently. We are waiting for clear signs of breakout before entering any position here!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
✴️ Chiliz 100%+ Trade SignalHere is a trade signal for Chiliz after a higher low.
Risk is set at 20% while the potential goes to 100%+.
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CHZUSDT
ENTRY: $0.1050 - $0.1255
TP1: $0.1440
TP2: $0.1730
TP3: $0.2200
TP4: $0.2540
STOP: Close weekly below $0.0960
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Make sure to do your own research before trading.
This is not financial advice.
Namaste.
CHZ | A Good Buying Opportunity is Coming SoonCHZ | A Good Buying Opportunity is Coming Soon
CHZ completed a very interesting harmonic pattern near 0.1000
Currently, the price is moving down for correction like all the crypto market.
The pattern looks very solid pattern and the chances are very high for the price to rise again.
More details can be found in the video!
Thank you and Good Luck!
