I expect CHZ to break through a strong resistance zone.Hello everyone!
Chiliz is preparing for a breakthrough of the local descending channel. The main resistance factors for the price are currently the descending trend channel, the 200-day moving average (EMA-200), and a strong Fibonacci level of 0.382.
Entry should strictly be made at the Fibonacci level of 0.382.
First target - $0.1135 (+33%)
Second target - $0.139 (+63%)
As I mentioned before, the decline in Bitcoin dominance will provide a good impulse for altcoins to grow.
This is not financial advice; everything you do is at your own risk!
CHZUSDT.P trade ideas
CHZ Bullish Scneario Risky 4RR Long Setup H1CHZ bounced of from a trendline and broke internal structure, here's a limit long for $CHZ.
Limit Entry 1: $0.09928
2 More limit entries mentioned!
TP: $0.12167
SL: $0.09405
4.25RR Trade
NFA! Please if you take this setup only risk 1% of your total balance. Be careful crypto market is super risky and we are in no way responsible for any losses. Good Luck!
CHZ I trust you found success in our last CHZ trade! The profit was substantial. We're presented with a fresh opportunity in CHZ. Enter here and consider setting your stop loss there.
While the market may correct further, CHZ appears promising for the next upward move.
Calculate your entry, exit, and stop, ensuring your money management addresses any potential risks
Alikze => CHZ| The scenario of wave 3 ascending or CAfter several short-term analyzes regarding the CHZ currency, this time we will examine the currency in the long term. In the weekly time, it is moving in a descending channel, which has made a zigzag correction in the form of wave 2 correction with the bottom of the 50% Fibo range. It is currently in wave 3 of 3. At the moment, it has returned 100% of the wave, which will have the ability to grow up to the ranges of 0.17 and then 0.195. The most important resistance area to continue climbing up to the 0.78 Fibo range and also 0.34 cents is the 0.19 resistance. I will go into detail in the daily analysis and lower time frames.
Support areas: 0.1220 and green box
In addition, considering that it is big in wave 3 or C, for the long-term goal, it has the ability to return to the 100% Fibo wave in the range of $14.
🟩Sup: 0.1220 and green box
⛳️Tp 1:0.17
⛳️ Tp2 : 0.195
⛳️ Tp3 : 0.34
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Alikze → #CHZ | Ready for a new rallyIn the daily time and 4H, it has moved a full upward cycle, which now seems to be preparing for the start of an attractive rally after the 3-fold correction. Therefore, a new floor should not be built.
⚠️Note: If the sub-zone of 97 cents stabilizes, the transaction will be reversed and an alternative scenario must be defined for it, and this scenario will be invalid.
🟩Sup: 0.97
⛳️Tp 1:0.11290 ~ 0.11590
⛳️ Tp2 : 0.12800 ~ 0.13420
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CHZUSDT 3D#CHZ has broke out the neckline of rounding bottom and descending line on 3-days chart. EMA200 is acting like a good support. Expecting pull back from there. Targets are:
$0.14658 $0.17530 $0.20402 $0.24491 and $0.29565
Use stop loss, Bitcoin can ruin the party at every moment. $50625 is key level for BTC
$CHZ Huge Bullish PatternHuge long-term pattern on CHZ
CHZ is above the prices from 2020. That is a good indication because many projects went way below.
This represent strength and confidence in the project. Also closed many Weekly candles above the 50 EMA, and its trading above it for 5 weeks now.
🔥 CHZ Massive Bull-Flag About To Break Out!After a massive ~250x during 2020-2021, CHZ has been slowing declining in value and lost nearly 95% of its gains at some point. During this low-volatility period, a huge bull-flag has appeared on the chart.
With BTC breaking to multi year highs, CHZ had to follow at some point. I'm aiming for a breakout of the pattern with a target of around 1$. By keeping our stop close we can create a very decent R/R of around 25.
#CHZ Suspicious of the head and shoulders patternIn time H2, it is moving in an ascending channel, which forms a head and shoulder pattern with the formation of lower ceilings, which can enter the sell position if the low dynamic trigger is broken. Therefore, we should see a reverse candle in the resistance range. If the trigger breaks from above and stabilizes, this position will become invalid.
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