Hello, Chiliz is associated with football fan tokens, and before the start of the FIFA World Cup in Qatar in 2022, the price was moving in an uptrend direction, and most of us expected some bullish movement to continue. The FIFA World Cup 2022 began on November 20, and the price of Chiliz was around $0.24 on that date. From November 20th, the price began to fall...
Trade Idea 🟡 #Chiliz 4H ✍️The strength of the trend in Chiliz tends to be corrected more. Consider two scenarios for trading this fan token considering that it is under the control range. In the first scenario, look for a long stop in the discount range. The important supply level in the specified chart is better to use the Premium area for the sell...
Chiliz (CHZUSD) is rebounding after hitting the bottom (Lower Lows trend-line) of the Megaphone pattern that started on the August 24 High. That was when the former Cup pattern was completed. Until broken either way, it is advised to do scalp trading within the Megaphone. A break below it targets the 0.08500 Support, while above it targets the 0.5530 -0.6680...
Chiliz (CHZUSD) has been on a +190% rally ever since the June 19 Low and yesterday it hit its 1W MA50 (red trend-line) for the first time since March 31. So far the price has been rejected and that is a critical test as on March 31 the rejection initiated a brutal sell-off -75% to the May/ June Lows. With the 1D RSI exactly on its 1 year Resistance Zone, we have...