CHZUSDT 1DCHILIZ (CHZ) is now trading on its LTA (Uptrend Line) that started on 9/15/2022. Since September 15, the upward price movement has followed an aggressive bullish line, even with the high volatility of BTC. A large volume contributes to this high. This bullish rally has started since CHILIz made an announcement that it will stop using the ethereum blockchain to allocate its fungible and non-fungible tokens to its own CHZ 2.0 blochachain. And it will start its stake with the Cayene update.
Its key support levels are $0.2327 and $0.2123, and resistance levels are $0.2468 and $0.2602.
CHZUST trade ideas
CHZ/USDT is forming a nice setupHey, traders
CHZ is another coin that we have been looking at and we see a small pullback possibility for this coin with a confirmation from Double Top pattern. We would enter this trade once we get confirmation of breaking down from that zone (Current one).
This looks great setup for us and we will take actions only once we get confirmation of our direction!
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Swallow Team 🔱
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
CHZ - 1H Bearish DivergenceCHZ has been on the rise in the past couple of days before reaching its peak price point of ~0.26. Momentum has been fading together with volume and recently a bearish divergence seems to have surfaced on the RSI and MACD indicators. It would be likely to see a short term price retracement from the lows in area 0.23.
Will try a very risk and short term short, eying 1-3% gain.
CHZ is going for recovery
As you see these days, CHZ was stongly Green while market was Red ! Fundumentaly it may be becaues World cup cooming soon and CHZ is most important sport token. But technicaly, I belive it needs to go rest if wants continue up. CHZ is at the top of daily timeframe and will go down soon for correction.
This is just my idea. Do your own research send me your comments.
CHZ/USDT ChartHi, I try to post often so if you could follow and boost the idea it would mean a lot to me.
The crypto market and markets in general are not looking good. BTC and ETH might have a recovery today but other coins are basically waiting to drop even more. CHZ had a great run in the past few days but we already have a bearish divergence in the 4H chart. In spite off being one off the strongest coins right now, the selling pressure will affect almost every tradable coin. Comment what you think.
I don't know if I can stream this week.
CHZUSDTchzusdt is making a bull flag in daily timeframe which usually breaks to the upside. If it breaks then the next resistance is 0.2378 which is also the fib 0.618 ratio.
If it breaks and confirm support above 0.2378 then the next target would be 0.2788 , 0.3311 & further respectively (mentioned in chart).
resistance - 0.2378
current support - 0.2090
NOTE - CHZ is a platform for trading football fan tokens & worldcup is also around the corner.it could go parabolic.
CHZHELLO GUYS THIS MY IDEA 💡ABOUT CHZ is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
CHZ in a Cup&HandlePlease notice that the target and the resistances have been taken at daily but I'm showing you the weekly chart. You can find the daily here:
Also, I'm currently questioning my past strategies (mostly my Risk Managment but this need changing my entry strategy) so you'll see different indicators and my TA using such indicators is still to be perfect.
now my TA:
On weekly CHZ has been pumping almost non-stop since July but on the daily you can see it formed a handle after price hit the Cup neckline. C&H are commonly known as continuation patterns but actually you can find them in reversal as well like here on CHZ.
NOTE: check this article on C&H, it shows the reversal pattern example: www.elearnmarkets.com
If current breakout succeed I'm looking forward to short this around the end of the target (where I've already set an alert). It's a pity I didn't notice this earlier because it would have been a good opportunity to ride. Those who want to risk more can wait and see if at some point the breakout will dump a bit until the support and enter there.
Good luck
🌶️🌶️ CHZUSDT SHORT POSITION 🌶️🌶️ Greetings,
Just a quick update on CHZUSDT - you can see in the chart i've drawn what I think possible price action could lead to. I'm looking at a short position within the two red boxes in chart.
SHORT POSITION'S (USD)
1) $0.2700
2) 0.2950
This is purely from my personal technical analysis. Market conditions across all assets, equities & bonds will also be a determining factor as to weather this may play out.
Remember nothing is guaranteed, control the controllables.
Mogues
$CHZ looks better than most crypto its ageChilliz looks better than the market and I don't intend to fight it.
It doesn't make so much sense, especially when compared to the general market but, you trade what you see right? right?
Just look at that breakout and accumulation. 100%+ to ATH and next resistance.
Follow this post... I will be posting more on lower timeframes.
Good luck.
DAY: 11 #CHZUSDT (#SHORT) LIMIT ORDERSDAY: 11 #CHZUSDT (#SHORT) LIMIT ORDERS
2% of the deposit
Margin: Cross
⚖️Leverage: x10-20
🗝Entry point: 0.2210-0.2250 (PENDING ORDERS)
🎯target 1 - 0.21725
🎯target 2 - 0.21166
🎯target 3 - 0.20575
🎯target 4 - 0.19993
🎯target 5 - 0.19313
❌stoploss: 0.23019
More trading signals and their results, in my channel, link in the description