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Chiliz

Chiliz (CHZ) broke out a triangleSymmetrical triangle: on the daily time frame chart the price action of Chiliz was moving in a symmetrical triangle since the mid of May 2021. Now finally, the price action has broken out to resistance of the symmetrical triangle and moving sideways. Now there is a possibility that the priceline may re-test the previous resistance of this triangle as support. Falling wedge: While the price action has broken out the resistance of a symmetrical triangle on the daily timeframe, at the same time the priceline has also formed a falling wedge pattern on a very small time frame hourly chart. This falling wedge is considered as a bullish reversal pattern among the trader's community. Therefore if the price action of CHZ will break out the resistance of the wedge then it can imminently move to the tail of this wedge pattern which is at $0.275 cents. Weekly EMAs: On the weekly time frame chart, the price action is trying to break out exponential moving averages with the time period of 10 and 21. In the below chart it can be seen that after the recent drop the price action tested $0.18 support and then broke out the $0.235 resistance level. Now it is working as very strong support for the price action. If the price will be able to break out exponential moving average 21 then it can lead to a really very big move. Huge BAT move: On the weekly time frame the priceline has formed a huge BAT pattern. The sell targets for this BAT as per Fibonacci sequence can be $0.4337 to $0.7678.
Long
by moon333
3
Chiliz to .47 $ ?Before talking about any cryptoactive or altscoins, you have to know the state of the Bitcoin cycle, because the entire market depends on its behavior. Doing a brief technical analysis we can see that Bitcoin is currently trying to recover from a correction of -55.89% counting from its ATH: 64,895.22 USD to its ATL: 28,600.00 USD (using BITSTAMP as a reference price). Currently Bitcoin surpassed the EMA200 in daily candles which is a strong indication that it is resuming its uptrend which is enough to be able to take a look at alternative currencies such as Chiliz. In the following graph we can see the CHZ / USDT pair in daily candles, we can see that Chiliz is in an accumulation phase within the second triangle since the middle of May, which is a strong indication that if the residence of said pattern is broken chartists we can see a takeoff of the price towards 32.20% fibo which is located at $ 0.476 giving us a profit of 83.83% of our entry. However, this is a medium-term scenario since everything depends on the fundamentals of bitcoin if they will allow the market to continue growing, if so, a deeper analysis could be done looking for 161% fibo of this trend in an ATH at 1.41 $ approximately. Again and insisting that everything depends on the trend of bitcoin since without it it is almost impossible to have a bullish analysis against the dollar in any alternative currency.
Long
by TheLuckyLeandro
CHILIZ DIVERGENCES GET OUT!!!HI Folks, CHILIZ once made hell of a money with this coin so I have some sort of weakness for this coin.. But for now the trend is ending, I suppose.. At least the technicals are pointing that way. So we talk about high probabilities. It still can operate the other way. BE AWARE. Note that. Prices are going up, with small candles, without lots of volume. That is an indication of price losing momentum. That is true. The momentum oscillator is making lower highs and lower lows while price is moving up. DIVERGENCE. I have learned that momentum is a frontrunner of price. When momentum declines price will eventually decline (high probability) Thereby note that the RSI is also declining. DIVERGENCE 2. I expect price to test resistance and will fail to break and will fall down to 1st support to test this support line. When it doesn't hold we fall back in the under region of the trading range again. If you like the idea and content please like or leave a comment. Follow for more to come.
Short
by MoneyMakingMuro
Chiliz (CHZ) - July 20Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CHZUSD 1W Chart) It should move above the 0.28242521 point to continue the uptrend. (1D chart) It remains to be seen if the 0.18612834-0.24642812 zone can find support and move up. If the price breaks out of the downtrend line and maintains the range of 0.24642812-0.36703768, the uptrend is expected to continue. If it declines from the 0.18612834 point, there is a possibility of entering the mid- to long-term investment area, so you need to trade cautiously. ------------------------------------- (CHZBTC 1W Chart) The support section is weak due to the sudden rise. Accordingly, it is important to keep the price above the 615 Satoshi point. (1D chart) We need to see if we can break out of the downtrend line while maintaining the price in the 659 Satoshi-863 Satoshi section. To continue the uptrend, it must rise above the 966 Satoshi point. If it falls in the 615 satoshi-659 satoshi section, it can touch the 352 satoshi-455 satoshi section, so Stop Loss is required to preserve profit and loss. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking about the indicators in reverse. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations shown in charts R: A point or section of resistance that requires a response to preserve profits. S-L : Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CHZUSD
by readCrypto
1
Chiliz (CHZ) formed a big bullish setupSMAs and strong support zone: The price action of Chiliz has broken down all the simple moving averages with the time period of 25 50 100 and 200. Now all the simple moving averages are working as a very strong resistance above the price action of the CHZ token. At the same time, the candlesticks of the Chiliz token also having a death cross formation between 50 and 200 SMAs above them, which is a very strong there is a signal. But there is a very strong support zone beneath the price action starts from $0.235 and goes to $0.18. The stochastic oscillator is also in the oversold zone, therefore the price action can be reversed towards the upside form here. Symmetrical triangle: While the price action is moving above a very strong support zone at the same time the support is being lifted towards the upside and resistance is moving towards the downside. This movement of the support and resistance has formed a symmetrical triangle and the priceline of the CHZ has moved at the end of the triangle and now the triangle is getting squeezed. Big harmonic bullish BAT: Previously we had a nice trade of CHZ token. Now this time on the weekly time frame chart, the price line of CHZ has completed the final leg of bullish BAT . There is also 50 simple moving average support in the buying zone. The buy and sell targets can be as below: Buy between: $0.2111 to $0.1177 Sell between: $0.4337 to $0.7678 As per the above targets, this trade has a profit possibility of up to 550%, and the loss possibility is 44% therefore in order to minimize the loss we should use the weekly 50 SMA as stop loss. Note: Above idea is for educational and entertainment purpose only and not a financial advice. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
2
Chiliz (CHZ) - July 5Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CHZUSD 1W Chart) If the price is maintained above the 0.28242521 point, we expect the uptrend to continue. (1D chart) If the price is maintained in the 0.24642812-0.36702768 range, it is expected to turn into an uptrend. However, we expect the uptrend to accelerate only when it deviates from the downtrend line. If it falls in the 0.12430757-0.16268340 range, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. ------------------------------------- (CHZBTC 1W Chart) After the surge, the support section is still weak, so you need to trade cautiously. If the price holds above the 615 Satoshi point, it is expected to continue the upward trend. However, I believe that the uptrend can only be accelerated when it deviates from the downtrend line. (1D chart) If the price is maintained in the 659 satoshi-863 satoshi range, it is expected to turn into an upward trend. However, the uptrend is expected to accelerate only when it deviates from the downtrend line. If it falls from the 615 satoshi point, it can touch the 352 satoshi-455 satoshi section, so you need to trade carefully. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Abbreviations shown in charts R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CHZUSD
by readCrypto
Chiliz (CHZ) - June 18Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (CHZUSD 1W Chart) We need to see if we can move up along the uptrend line. (1D chart) We need to see if we can move up from the 0.24642812-0.36702768 section and break out of the downtrend line. If it falls in the 0.18612834-0.24642812 section, Stop Loss is required to preserve profit and loss. If it rises above the 0.36702768 point and finds support, it is expected to form a new support zone. ------------------------------------- (CHZBTC 1W Chart) It remains to be seen if the price can be maintained above the 838 Satoshi branch. Since the support base is weak after a sharp rise, if it goes down, there is a possibility of touching near the 252 Satoshi point, so you need to trade cautiously. Therefore, when holding the price above the 838 Satoshi point, the volume should increase to form a support zone. (1D chart) It remains to be seen if the 863 satoshi-966 satoshi section can support and rise. If it goes down, we should see if it finds support at the 659 Satoshi point. If it falls from the 659 Satoshi point, Stop Loss is required to preserve profit and loss. It is difficult to select a support section because the price was formed by a sharp rise. However, there is a possibility that it will rise along the upward trend line in the 352 satoshi-455 satoshi section, so you should also think about how to respond. As the trend of BTC price is becoming more likely to turn sideways from the progression of a downtrend, I expect it to move up along the uptrend line between around June 27th - around July 10th. However, we still need to watch the BTC price trend as the volume should increase. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:CHZUSD
by readCrypto
CHZ 1D There is positive for growthBefore we start reviewing the current situation on the CHZUSDT chart We invite you to see how our previous ideas worked out, which were published 2-3 months ago, we are proud of them) June at Chiliz is filled with positive news: - today listing on Coinbace Pro, and then a few more listings on other exchanges. - until the end of June, CHZ holders will be able to buy UFC FTO Such facts are a good incentive for price growth. On the chart, we see that the CHZUSD price has stopped below the strong mirror level of $0.375. Fixing the price above this level will open the way fo r growth to $0.64. At the end of June, it will be necessary to closely monitor the behavior of the CHZUSDT price, to see if the coin's sales have begun. Like this idea and write a comment, then you will receive alerts when we update it! The sell-off could cause a corrective fall to the $0.28 leve l, but even in such a situation, the chances of growth will remain. If the positive dynamics continues on the CHZUSD chart and on the crypto market as a whole, then in thoughts it will be possible to aim at $1-1.50-1.70 or maybe $2.80) We'll see everything soon) _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
41