CHZ Mid TermChiliz (CHZ/USDT) Summary Analysis
•Support Zone: $0.0430 - $0.0610 USDT (strong demand area).
•Resistance Levels: $0.0704 → $0.0878 → $0.1111 → $0.1412 USDT.
•Trend: After a downtrend, there is a potential for recovery from support.
Scenarios:
✅ Bullish: If CHZ holds above $0.0610 USDT, the first target is $0.0704 USDT, followed by $0.0878 and $0.1111 USDT.
❌ Bearish: If CHZ falls below $0.0610 USDT, a drop to $0.0430 USDT is possible.
🔄 Neutral: Price may consolidate between $0.0610 - $0.0704 USDT.
Strategy:
🔹 Entry: Buy within the $0.0611 - $0.0500 USDT range, with a stop loss below $0.0430 USDT.
🔹 Sell: A close below $0.0610 USDT may accelerate the downtrend.
📊 Conclusion: The $0.0610 USDT level is critical—if CHZ holds above it, a rally could follow. 🚀
Chilizusdt
Chiliz/TetherUSChiliz (CHZ/USDT) Long-Term Analysis: Looking at Investment Opportunities
This analysis is a long-term view of the Chiliz/TetherUS chart. It aims to find good points to buy and sell, both for long-term and short-term trades.
Section 1: Long-Term Upward Channel Analysis
Explanation: The Chiliz chart has been moving in an upward channel each month. We saw the channel break to collect monthly liquidity, which is normal. This break points to a price ceiling as the main goal for the currency.
Strategy: To make a long-term buy, we need to keep watching and updating the weekly chart. A big correction in the crypto market is expected, which should bring the price to a good buying range.
Section 2: Short-Term Downward Channel Analysis
Explanation: A downward channel is also visible on the chart. Each time the top of this channel breaks, a new price floor is created.
Strategy: This downward channel can be used for short-term buying and selling until the price reaches the main buying target.
Section 3: Important Price Levels
Support Line: 0.0306
Monthly Liquidity: 0.0154
Ideal time to buy with Confirmation: 0.0106
If you draw this analysis on your chart, you can buy when the price reaches the bottom of the channel and sell when it reaches the top. This strategy works until the price reaches its main buying target.
Section 4: Fundamental Analysis
Fundamental News: Football club A.S. Roma is launching a new fan token with Socios.com (source). This token lets fans participate in decisions, get exclusive rewards, and have VIP experiences. The fan tokens are based on the Chiliz (CHZ) blockchain.
Impact: This news could increase demand for CHZ, as it is needed to buy and use these tokens. Also, working with a well-known club like A.S. Roma can boost Chiliz's position in sports and entertainment.
Wishing you all the success!
Fereydoon Bahrami
A retail trader in the Wall Street trading Center (Forex)
Risk Disclosure:
Trading in the crypto market is risky due to high price changes. This analysis is just one person's opinion and shouldn't be taken as financial advice. Before investing, it's best to talk to a financial advisor and do your own research. You are responsible for any profits or losses from this analysis.
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $0.055 key level, which could signal at least a temporary bullish trend reversal with +20% upside potential to $0.067 next. Stop Loss at $0.049. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055, then $0.043. Nearest Resistance Zone is $0.067, then $0.08.
CHZ (Chiliz): Falling Wedge BreakoutTrade setup : Price is in a downtrend, trading well below 200-day moving average. However, price had a bullish breakout from Falling Wedge pattern and above $0.067 resistance, which could signal near-term trend reversal with +15% upside to $0.08. Stop Loss at $0.064. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.055. Nearest Resistance Zone is $0.067, then $0.08.
Chiliz Analysis: The big move is getting started!CHZ is down almost 92% from its ATH and is supported at $0.06, which I expect to be the ultimate support for the entire correction of the recent cycle. I am looking forward to a change in the character of the chart in the upcoming weeks. The targets I have in mind are $0.55 and $3.4. DYOR
Chiliz (CHZ) and 2022 QATAR WORLD CUP ⚽Chiliz is a fintech platform for the sports industry to allow global fans to get closer to their favorite sports teams and clubs. as we get closer to FIFA World Cup the price of CHZ reaching to higher levels ,
Chiliz price today is $0.19 with a 24hour trading volume of 350 million dollar , CHZ price is up 8% in the last 24 hours as well
Bulls won the fight at 0.17 support level as always and ready to take back 0.26 and 0.33$
If you trade with BTC pair 0.000011 is very interesting level to watch and CHZ has a good chance to break that resistance too
targets 0.27, 0.29 and 0.31
EURO & Olympic games are close / CHILIZ can reach $0.3 level! BINANCE:CHZUSDT
COINBASE:CHZUSD
Hello Traders
Chiliz is one of my suggestions for the altcoin market.
You can clearly see long-term accumulation of the price and the break in pitch-fork structure strictly.
Highly potential for the alt rally season.
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
As the Olympics and Euro games approach, the demand for betting on matches and sports tokens will increase.
CHZ: Ascending Triangle BreakoutTrade setup : Price is in an uptrend. Bullish breakout from Ascending Triangle , above $0.13, signals resumption of uptrend with +20% upside to $0.155. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.10, then $0.07. Nearest Resistance Zone is $0.17, then $13.00.
Chiliz heating up for EURO 2024BINANCE:CHZUSDT correction lasts since March 2021 and potentially may end around here. Not yet, but within nearest month it will be clear. While dips to 2022 close are possible, breakout of upper trendline should give a nice impulse that should cut off stops above 2023 high and re-test bear order block at 0.23-0.27 zone - that is approximately 150% from ~0.1
CHZ: buy low of big candle📊Analysis by AhmadArz:
🔍Entry: 0.1496
🛑Stop Loss: 0.1471
🎯Take Profit: 0.1532 - 0.1573 - 0.1623
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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CHZ: sell to support📊Analysis by AhmadArz:
🔍Entry: 0.154
🛑Stop Loss: 0.157
🎯Take Profit: 0.144 - 0.140 -0.133
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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CHZ Long PositionI believe CHZ is ready to do some attacks. If the market stays bullish, I believe CHZ can reach the upper side of the falling channel.
There are some head&shoulders formation. RSI looks quite normal, it is not oversold or something. After some liquidity, I believe the price has potential to grow.
Just a reminder, everybody should take the risks that they can take. So you should decide when and how to take the position and where to set a stop limit according to your risk management.
This is my trial. Not a financial advice.
Buy on 3-hit trendline(CHZ)📊Analysis by AhmadArz:
wait for hit to trendline.
🔍Entry: 0.1007
🛑Stop Loss: 0.0971
🎯Take Profit: 0.1042
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
CHZ/USDT Break the key supply area. Bullish Momentum for CHZ??💎 CHZ has been a standout in the cryptocurrency market recently. It has successfully broken out of the supply area, marked by substantial volume and a robust green candle. A daily candle closing above this supply area would confirm this breakout.
💎 Anticipation is high for the retesting phase; if successful, CHZ could continue, probability its upward trajectory toward the targeted resistance area.
💎 However, should CHZ fail to maintain its position above the demand area, previously the supply zone, it could signal a false breakout. This would likely result in a reversal of its upward momentum, leading to a decline back towards the strong demand area, potentially extending even further downward.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.085 (previous resistance), then $0.060. The nearest Resistance Zone is $0.100, then $0.130.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Upside potential to $0.10. Stop Loss at $0.075. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZ: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Now it’s broken above $0.085 resistance area, where it got recently rejected, and could revisit $0.10 next. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.
CHZ: Resistance BreakoutChiliz (CHZ) technical analysis:
Trade setup : Bullish break above $0.085 resistance signals continuation of uptrend with upside potential to $0.10 next. Previously, price broke above $0.06 resistance and 200-day moving average, which confirmed a bullish trend reversal to an Uptrend. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $0.060 (previous resistance), then $0.055. The nearest Resistance Zone is $0.085, then $0.100.