CHZ
Chiliz CHZ below $0.24 in the huge flag - what next?Chiliz CHZ below $0.24 in the huge flag - what next?
If price gets above this volume profile resistance next target would be $0.48
Maybe more likely a move to the lower flag border at $0.06 - a hidden bearish divergence is concerning
Overall a huge flag with bullish chart outlook on long-term
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*not financial advice
do your own research before investing
CHZ formed a Symmetrical Triangle!!!Now, as the chart has formed a Symmetrical Triangle in a uptrend doesnt mean it should go upside, cause the Daily frame and Weekly frame chart doesnt indicate any signs for a bullish movement. So as I have marked the support level "of the Symmetrical Triangle" and the "4H Support Level" . If the price continues to break the "Support level of the Symmetrical Triangle" and close near to my entry price, I would enter for a short position with 2 Take Profits. You can follow this Trading Setup
⚠️NOT A FINANCIAL ADVICE!
CHZ Bullish PatternCHZ has formed a pretty clear Cup and Handle pattern on the Daily , pattern that can have it's projection verified as seen in the chart. The volume is in divergence with the price action, indicating that there is low interest in pushing the price further down.
We will consider this opportunity as invalidated if we close any daily below the 0.33 Fib .
Chilliz prints a falling wedgeIf a breakout to the upside is produced with a daily close over the wedge i will enter a long position, otherwise this setup is cancelled.
Taking in to account how CHZ has behaved in the last weeks the most likely for the wedge is to be followed by a push to the upside.
BITCOIN 12H TA : 08.30.22 (Update)As you can see, the price entered the FVG range and showed a negative reaction, until now the price has moved according to the analysis and has yielded almost 4%! This whole range of FVG is from $20400 to $21100 and it can be said that you can start saving profit in this range!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.30.2022
⚠️(DYOR)
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The diamond on the CHZUSD day chart !CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart .
It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below .
TP1: 0.2646
TP2: 0.3148
TP3: 0.3351
TP4: 0.3568
TP5: 0.3784
TP6: 0.4487
If breakdowm the diamond
the strong support will be 0.1512