CHZUSDT is testing the resistance on 0.5 Fibonacci levelThe price is testing the previous dynamic support as new resistance on the 0.5 Fibonacci level and 4h resistance.
The price needs to hold the daily support on 0.18$ to avoid the bearish impulse.
How to approach it?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
CHZUST trade ideas
$CHZ - Another Bullish Breakout !!Hello my Fellow TraderZ,
Unaffected by the present market scenarios, $CHZ is one of the few coins which are in their own Bullish Universe.
Here you can see $CHZ is forming a BULLISH PENANT and as of now breaking Upward.
I'm still not convinced with the breakout and waiting to retest the broken Trendline and rejection there with some Bullish Price Action accompanied by some decent VOLUME.
Here is my LONG setup as you can see my SL is very precise and just below 200 EMA with R:R=1:5. If you wish to take the trade you can adjust your SL according to your own Risk Management.
Note : Today will be sharing an #educational post about some pattern trading. Hope you like it.
Happy Trading. CHEERS!!!
CHZ/USTD might go to $0.19Hey, traders
CHZ looks interesting to us. From last time when we looked at this coin. we made a nice 100% of profits and now we see that coin might go for lower support to test that level of $0.19 zone.
This looks great setup for us and we will take actions only once we get confirmation of our direction!
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.
Chz update Chiles (CHZ) broke through the 20-day moving average ($0.20) on September 9, the first sign that a correction phase may be coming to an end.
The bears pushed the price below the 20-day moving average on September 10, but the bulls held their ground. They are trying to push the price towards resistance at $0.26, but a move may face strong opposition conditions near $0.23.
If the price drops below the moving average of the 20-day view, the probability of a price increase increases to $0.26. Contrary to the assumption below, if the price breaks down to $0.20, it indicates that the bears are at a higher level that could push the price to the 50-day SMA ($0.18).
CHZUSD long after INSIDEDAYA simply buy above inside day strategy is highly profitable on bitcoin, eth and CHZ
when entering near or above 18 SMA and exiting with a trailing stop you can catch almost all uptrends as there is somehow always a narror range insidebar prior to another uptrend...
If current upmove lasts long I cant tell, it mainly happend because a double bottom at bitcoin, but in october/nov/dec there might be another good uptrend.
CHZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CHZUSDT
In this chart we have R2 as the resistance area that contains the unsuccessful attempts of the price to rise. R1 used to be a support line and S1 is our support area which expresses the support of the price since the past. Hence, we have the price fluctuating below R1 and by reaching this line, we should wait for some rising signs and then we consider an increase for it up to R2. But in case the price loses the support at R1, it will face a decline (this in not so probable at the moment).
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHZUSDT DAfter reaching the base of the channel on the daily chart, CHZUSDT prepares for a Pullback after touching the $0.1836 region and the last current candle is being engulfed by the previous candle, I believe that if you don't lose $0.1836, go get the 0.2482 located in the upper band of the Keltner channel.