Chz is bullish againAfter breakthrough the channel retest then 0.088 is the next target !
Keep watching
CHZUST trade ideas
CHZ in a Multi-Year Winter: Awaiting a Break for Wave 3 of 1CHZ looks like it’s deep into a multi-year correction as part of Wave 2 of the higher degree trend. The flameout in Wave 5 of 1 resulted in the current, drawn-out consolidation. This extended correction could be unfolding as a WXYXZ or a very elongated ABC pattern, reflecting the market’s need to churn and reset after the huge rally.
For now, volume remains low, suggesting the slow bleed may continue for some time longer. However, if we see a significant increase in volume, combined with a break of the upper trendline, this could signal the start of Wave 3 of 1, setting the stage for a strong impulse move upward.
Until then, patience is key, as the consolidation phase persists. But when the conditions align, CHZ could be primed for a major breakout.
CHZThe CHZ coin chart shows a strong support level in the $0.072 - $0.074 zone. After a potential bounce from this zone, gradual price growth is expected with possible resistance levels.
The current situation indicates a potential bounce from the blue support zone. If the coin continues its upward movement, key resistance levels could be:
$0.0755 (+2.33%)
$0.0760 (+4.01%)
$0.0766 (+5.72%)
Chiliz (CHZ) 100x Bull flag?Yes, 10,000%.
On the above 12 day chart price action has corrected over 60% since March. A number of reasons now exist for a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support confirmation. Orange arrows. This is called a double bottom.
3) Trend reversal. A higher high has now printed just like the one before it in August 2020 on this time frame.
4) Hook reversal pattern, look left! Students, you know why this is important?
5) The bull flag. Confluence is paramount when drawing flag patterns. I see so many poorly drawn flags on tradingview ideas. Confluence refers to the number of times price action touches the boundaries of a channel. The more times this happens the more significant the channel for use in forecasts. A repeat for the 2020 impulsive wave takes price action to the $5 area or 100x.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: all in. You decide.
Timeframe for long: This month
Return: 80 - 100x
The on_chain data shows that chz is about to dropBINANCE:CHZUSDT
The asset is currently trading near its resistance level, indicating potential selling pressure. Additionally, the RSI has reached a saturation point, suggesting that it may be overbought. Divergence between price and RSI is also observed, further supporting a potential reversal. On-chain data shows a higher inflow of funds to exchanges than outflows, reinforcing the selling pressure.
The on_chain data shows that chz is about to dropBINANCE:CHZUSDT
The asset is currently trading near its resistance level, indicating potential selling pressure. Additionally, the RSI has reached a saturation point, suggesting that it may be overbought. Divergence between price and RSI is also observed, further supporting a potential reversal. On-chain data shows a higher inflow of funds to exchanges than outflows, reinforcing the selling pressure.
CHZ USDTAfter a breakout from the resistance zone blue at $0.0759 - $0.0791 we could see some bullish moves and the targets are marked on the chart.
Briefing: CHZ/USDT Asset AnalysisPotential Appreciation:
The CHZ/USDT asset is moving from the $0.06 range and has the potential to reach $0.11 by the 15th, which represents an approximate 83% appreciation.
Strengths:
Growing adoption: Chiliz is gaining traction in the sports and entertainment sectors, especially through partnerships with major clubs and leagues.
Ongoing development: The Chiliz platform is constantly evolving, with new fan engagement tokens and features being introduced.
Market sentiment: Increased trading volume suggests that the asset is attracting more investor interest.
Critical Points:
Volatility: Like other cryptocurrencies, CHZ is highly volatile, which can lead to rapid fluctuations.
Competition: Other tokens focused on sports engagement may affect its market share.
Correction: If it fails to break resistance near $0.08, there could be a correction before resuming the upward trend.
This analysis is based on current data, focusing on potential short-term appreciation.
CHZ is comingLately we’ve seen BINANCE:CHZUSDT drops a lot and had a small ups and downs but I think this is the time to it for new upward movement, by breaking fibo and re-test we might see above 0.08$ for short term and 0.15$ in long term investment
Stay tuned
CHZUSDTCHZ ~ 1W ✅
#CHZ If you have Conviction on this coin,. You need to wait for this descending channel to be successfully broken out to start buying gradually.
Do you believe in football and crypto enough?Chiliz (CHZ) is one of my favourite coins which I choose to invest in. I like this project because they are the best when it comes to connection between football and crypto.. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3 and 4 very soon, that could be year(s). I will sell most of my capital on targets 2 and 3. Small portion will be sold on Target 1 and 4.
Entry Zone: 0.14 – 0.21
Buy Zone 1: 0.047 – 0.86
Target 1: 0.55 – 0.65 (154%)
Target 2: 0.90 – 0.99 (313%)
Target 3: 1.31 – 1.38 (500%)
Target 4: 1.69 – 1.77 (673%)
CHZ/USDTMaking it clear, a continuation is expected on #CHZ/USDT as it break a resistance and looking firm, few short target are on chart. we watch together though, NFA.
Buy Trade Idea for CHZ (Chiliz)Description
Chiliz (CHZ) is a leading cryptocurrency in the world of sports and entertainment, designed to revolutionize fan engagement through blockchain technology. Here are the key fundamentals supporting a buy trade for CHZ:
- **Pioneering Fan Token Ecosystem:** Chiliz powers the Socios.com platform, which allows sports teams and entertainment brands to create fan tokens. These tokens enable fans to participate in team decisions, access exclusive content, and earn rewards, enhancing fan loyalty and engagement.
- **Growing Adoption by Major Sports Organizations:** Chiliz has secured partnerships with top-tier football clubs, esports teams, and other global sports organizations, driving demand for CHZ as more fans and teams join the ecosystem.
- **Expanding Use Cases:** Beyond sports, Chiliz is expanding into new areas of entertainment, offering a wide range of opportunities for fan interaction, including voting, VIP experiences, and direct communication with teams or artists.
- **Strong Community and Market Presence:** With a robust user base and ongoing marketing efforts, CHZ is solidifying its place as the go-to token for fan engagement, making it a strong candidate for long-term growth in the blockchain space.
Considering these fundamentals, CHZ presents a compelling buy opportunity for investors looking to capitalize on its expanding role in the sports and entertainment industries.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and may result in substantial losses. This content is for informational purposes only and should not be construed as financial advice. Cryptocurrencies are highly volatile and subject to various market factors. Conduct thorough research, evaluate your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the market environment can change rapidly.
Chiliz Long-Term: Can You See It? 3,700% ATH PotentialChiliz's last major bull-market bull-run ended March 2021. Only after 1,246 days this chart/pair is ready to grow again, to grow big.
➖ We are looking at Chiliz vs Tether (CHZUSDT). For the CHZBTC trade-idea check the 'Related publications' at the bottom of this post.
Before the 2021 bull-market, there is a very long accumulation period, the consolidation phase. We always look for this to spot a high probability chart. This type of action is not necessary to precede a major bull-market but it always tends to be present. Some pairs have not gone through a major consolidation phase and these pairs might not move on the next bull cycle.
I don't know how to emphasize this enough so I just won't. Some pairs will remain low and barely move, while others will boom. The ones that produced a strong support based on a long consolidation phase will produce the biggest growth in 2025. Those still trading high up will produce mixed results.
Here we can see that Chiliz (CHZUSDT) produced more than enough sideways action as it has been consolidating for more than 830 days.
Since we have the right conditions; the correct chart structure, a long-term higher low and a growing market, we can consider a new All-Time High for this pair.
Looking at the previous ATH and its 1.618 Fibonacci extension, we can see $2.47 as a possible target in 2025. The bull-market can end up higher just as it can end up lower, this is just a projection.
Considering this ATH projection, total growth potential would amount to around 3,700% from current prices.
Seeing that Chiliz grew a total of 24,766% in 2021, this number seems small. Don't think that it is not possible, we might get a surprise on the bullish side and see even higher when all is set and done.
Hope for the best, prepare for the best and work for the best. In this way, you should produce great results.
Namaste.
CHZ/USDT Long and Short Trade ideasCHZ is doing very well along with BTC, As btc is below resistance cluster so as CHZ. I am expecting rejection from here and will open SHORT after bearish CHoCH. And Target below Sell Side Liquidity. Below that SSL is a good area for long oppertunities. Here 0.0540 is a long oppertunity and will open long after confirmation.
CHZUSDT: Bullish Trend (Harmonic Pattern)CHZ is moving sidewise and currently its forming harmonic pattern so we will wait for the bullish divergence for the confirmation of the bullish trend and 2nd confirmation is the break of the LHs, So we will take a long trade with proper risk management.
CHZ Update (1D)From where we placed the red arrow on the chart, it seems that the correction of CHZ has started.
The correction seems to be a diametric. We now seem to be at the end of the G wave.
The green box looks like a good range for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
CHZ - swing LONG ideaPrice is potentially a false breakout key low, and many sellers are trapped right now, so if price starts to go higher, they will be closing their short positions, and it provides us with a potential impulse higher.
The main sign of a lack of selling pressure for me is the MACD divergence.
Chzusdt shortChzusdt hits the market changing area and gets a rejection. It looks like a good short opportunity till engulf. .
#CHZ/USDT breaks the Diagonal Trendline in 4-Hour TF!#CHZ/USDT breaks the Diagonal Trendline in 4-Hour TF!
GETTEX:CHZ testing the Diagonal Trendline. In case of a successful retest, it can bounce hard. The local resistance level is PWH $0.5685 and the support level is PWL $0.5113.
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $0.055 key level, which could signal at least a temporary bullish trend reversal with +20% upside potential to $0.067 next. Stop Loss at $0.049. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055, then $0.043. Nearest Resistance Zone is $0.067, then $0.08.
CHZ/USDT MAY-2024CHZ is currently holding strong at the support level, signaling a prime time for accumulation! Whether you're looking to expand your portfolio or aiming for significant gains, this could be a golden window for mid-term investment.
Market downturns, when interest is low and fear is prevalent, often present the best opportunities to accumulate assets discreetly and exit with profits when sentiment turns bullish again.
I've loaded up on CHZ and plan to strategically take profits at a target zone indicated on our latest chart analysis.
Important Reminder:
Always prioritize sound money management and include stop-loss strategies in your trading plan. This is not a leverage trade setup, so stay spot-on and safe!
CHZUSDT: Bullish Trend (Inverse H&S Pattern)Previously CHZ is moving in down trend and currently its forming Inverse H&S Pattern and could not break the previous LLs, so we will wait for the break of the nick line which is previous LHs that is the confirmation of the bullish trend so on the break out we can take a long trade.
