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CHZ

CHZUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time frame. As you can see, the price is testing the level after climbing the level it has crossed. We have 2 scenarios. First, the price should be supported from here and start moving upwards. The second scenario is that the price will start moving upwards after hitting the next support level. But in case of falling to the support line and stabilization, we will enter a downward trend. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
1
CHZ/USDTPEREP | Potential Downward Movement 🔨Technical Analysis: The coin managed to break the ascending channel pattern to the downside with the help of an inverse head and shoulders. A higher correction could be seen to the highlighted zone before the price tumbling all the way down to the target profit. ------------------------------------------------------------------------------------- Trade Idea: Sell Limit Order @ 0.25448 Take Profit @ 0.23256 Stop Loss @ 0.26164 Trade Safely 🙂
Short
by Forex-Robot-Nation
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
CHZ has broken strong barriers and accumulation zoneAs you can see CHZ accumulations are quite long term. I appreciate it positively, because the breakdown of the accumulation zone means a high chance of a jump. You can see Doge as an example, but our target should be to expect a price of $ 2 in the zone of 2,618 because according to Elliot theory and my experience, I think it will soon surpass $ 1. and $ 2 is what we all expected. This is likely to be one of the biggest gainers this month. Let's hope we are all on the same boat !!! Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed. Don't forget click like, it's a hug for me. Thanks you!
Long
by BMynameX
1