CHZ
CHZ Bullish -6HR TF- Short term targetsHello all!
The last week or so my eyes 👀 have been on this sports staking token.
Lot's of fundamental potential here and price action is proving strong every bull-run.
I have a few targets here...
supports and bearish targets listed as well👍
This is not advice
Thank you so much
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
CHZ Falling Wedge and Head and Shoulders Reversal Patterns CHZ has fallen like everything else, however is showing some very nice bullish reversal patterns. We seemed to have hopefully created a bottom and broken out of the Falling Wedge pattern it has been in since 09/21ish. Also created a very clean Head and Shoulders Pattern, if it breaks above the neckline of $0.297 and BTC behaves we could see some very nice gains. 3 possible targets on chart. RSI was rejected coming down and shot back up above midway line. MACD looking good.
All 👀 on weekly close of Chiliz🚨🚨🚨Again all eyes on the weekly close of Chiliz dear Crypto Nation🚨🚨🚨
Ignore my Love for CHZ ... a potential breakout of the bullish flag is what we should look for👀
Your thoughts on CHZ❓
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
CHZ - A pivot formation with great potential.The withdrawal of liquidity in the lower range of the trading range indicates the instrument's intention to show growth and go for the withdrawal of liquidity in the opposite side of the channel.
We look at the situation.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
CHZ IS preparing to make a big move!It has been 90 days of moving sideways! Didn’t go down this time to the demand zone in the green area! In addition to , a devolving beautiful pole flag! Once it breaks this resistance, it’s going to make 200% at the very least considering the time that been spent over that area!
CHZ Update: M or Flag?So I made a Bullish analysis before showing that CHZ is drawing a Bullish Flag in a biger scale. Let's have a look a little bit closer.
So of course market can go either UP or DOWN (Genius). Direction doesn't matter, we should take our positions according to it. I showed two different path that CHZ can follow.
RED LINE:
Bearish scenario can be activated if the price drops below the support area that I have shown in the Graph. In that case "M" shape will activated so price can fall down to the lower trendline, which is a good point to buy some CHZ.
BLUE LINE:
Bullish scenario can be activated if the price breaks the ressitance area. Then, Bullish flag will be activated so we can see the price can move up first in the region 0.44-0.55$. Then, probably price will get rejected from that area. However, if it can exceeds that area than we can see upward movement up to 1$. Price will %90 rejected from this area because of the "rounding effect".
This is not a financial advice. This is just my trials.
CHZ/USDT Analysis Technical in Daily 🌼😃Hi 🤞
As can be seen in the chart, the price has hit the resistance zone of $0.26 to $0.28 three times, but has not been able to cross it so far. One of the general nature of markets that traders are constantly involved with is a phenomenon called Stop Hunt or Stop Hunting; Stop Hunt occurs when a trader has entered a trade and has set his limit, after some time the price has reached the limit and activates it and exits the trader from the trade. Then the price movement is reversed and goes in the direction of the trader's analytical process. Recently, Chiles has formed a lower floor than its previous floor by hitting the resistance zone (Bearish Zone) and its fall, which has led to the breakdown structure (BOS) in the daily timeframe. This event causes the current uptrend (short-term) to change to a downtrend. If you look at the left side of the chart in general, you will notice that another BOS structure has formed, where the price has the ability to cross above the major pivot A at the $0.33 level. According to these two mentioned criteria, the general trend of this cryptocurrency is downward, and in the medium term, the price will drop below floor B, which is at the price level of 0.08 dollars, there is a high probability of happening. If the price breaks through the resistance zone of $0.26 to $0.28, it has the ability to reach the levels of $0.33 and $0.35 (weak scenario). Otherwise, with the loss of the $0.15 support area, the price is expected to react to the $0.1 and $0.08 levels.
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Analyzer ✍: AR.Rashidi
CHZUSDT(CHILIZ) Daily tf Range Updated till 16-11-22CHZUSDT (CHILIZ) Daily timeframe range. One of the thing if you notice even through volatile crypto downtrend it never got back to its old lows, it held back. it do tell there are quality holders their. Beside it got a solid fundamental backing. A active dev team. To technical part it got optimal volume . At this state there are clean setups one can find here and there throughout its levels.
#CHZ Update : 11.15.22 Chiliz's analysis update : As you can see, from the last analysis until this moment, the price managed to grow by 70% ✅ , and after that, it faced selling pressure by reaching the Bearish OB range, and Within 2 days, it corrected all the results it had given! I hope you have used it!
Follow me for more analysis & Feel free to ask any questions you have, I'm here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 11.15.2022
⚠️(DYOR)
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⚽️ Chiliz is Chilling as the World Cup Approaches!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📌 As the World Cup 2022 gets closer, many coins / tokens will get more exposure in a way or another.
CHZ is one of these projects. As you noticed, CHZ has been standing strong for the last couple of weeks unlike many altcoins.
🗒 Why CHZ ?:
CHZ is an ERC-20 token that runs on an Ethereum-based Chiliz blockchain. The token serves as currency that allows users to purchase NFTs at Chiliz' Socios fan token marketplace. There would be no CHZ token without Socios.
ChiliZ token ( CHZ ) is the official, exclusive utility token that operates on the Socios.com fan voting portal. Using this platform, sports and e-sports enthusiasts can participate in the management process of their favorite teams, leagues, games, and events.
📉 Technical Analysis:
CHZ has been stuck inside a big range in the shape of an inverse head and shoulders pattern.
For the bulls to take over from a long-term perspective, we need a weekly candle close above the gray neckline (around 0.3) which is also a support and resistance zone.
Meanwhile, as we approach the green support again, I will be looking for short-term buy setups.
What do you think? Will CHZ be used more during the World Cup? and will it affect its price / value?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZUSDT 1WInterval - Targets and StoplossHello everyone, let's look at the 1W CHZ to USDT chart as you can see that the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.208
T2 = $0.237
T3 = $0.279
T4 = $0.335
and
T5 = $0.488
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.192
SL2 = $0.163
and
SL3 = $0.103
Looking at the CHOP indicator, we see that on the 1W interval, I have a lot of energy for subsequent moves, and the MACD indicator indicates that we are in a downtrend.
Double top formingBarely at the moment holding on to the 50 day EMA, daily MacD going lower. If it breaks under this current zone, I am expecting it to form a double top and break under the neckline.
0.194 area could be a possible first profit target for a short if we open it now. Risky trade, just an idea. All depends on what BTC is going to do in the next days, fall further or gain momentum for upside. As we can see many coins are dangling and barely holdiong on some major support zones after the last weeks pump.