Hi!😊, Welcome to this analysis by The Gorilla🦍Trader & The Chiliz Bulls Force🐂 🐂 🐂 (THIS IS THE PUMP YOU WILL NOT WANT TO MISS, Trust me!!!) I don't Know about you but I do Love Spicy Stuffs 😝and the chiliz Bulls are looking so spicy right now, so I see this ride definitely going to be a fun one...So are you coming?
Come see what the Higher time frames are showing me, This ride is just getting started so you are not late at all. Let's Zoom in.....first what is the valuable use of the chiliz coin and why you should buy every pullback?
the simplest answer I can give you is that, with CHZ, TOP soccer team Fans can now influence the some aspect of decisions made by their favorite teams team by voting, meaning if you own the chiliz token you can actually vote.
To answer this more deeply, according to the chiliz website,Chiliz provides sports & entertainment entities with blockchain-based tools to help them engage & monetize their audiences. The Socios.com fan engagement platform is built from the ground up on the Chiliz blockchain infrastructure & uses CHZ as it’s exclusive on-platform currency. Socios.com allows fans to purchase branded Fan Tokens from some of the biggest and most renowned sports teams in the world including FC Barcelona, Juventus, Paris Saint-Germain, AS Roma, Galatasaray, Atlético de Madrid, OG, CAI & UFC.
Fan Tokens bought on Socios.com allow users to influence their teams via popular vote and become eligible for engagement-based team rewards and recognition. All Fan Tokens are minted using the Chiliz blockchain & all on-platform voting is executed as a series of smart contracts which run through the Chiliz blockchain.
Now Back to the charts, last week chiliz bulls CHZ broke out of the long time sideways or consolidation move, Take a look at this run made last week. See how explosive a 2 years o f sideways resulted into a complete bullish breakout? this only means that we could see more big green bars popping up on the weekly chart, In Fact I see the current week as a pullback and will still most likely close in green, with this, this long time of sideways can only mean that just one week will not be enough to exhaust the 2years of consolidation. so from what I am seeing, it is nothing but a pull back and the next move will boom another explosive move to follow. March breakout is only the beginning of what is coming to Chiliz here is the monthly chart breakout candle all the higher timeframes are pointing to a strong move stiawaitinging the bulls on chz.
With this in mind only the patient ones will cash out big on CHZ, here is my Target on CHZ *1st Target = $0.8 *2nd Target = $1.2 3rd Target = $2.8
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