Say Goodbye to Chiliz UptrendConsidering the liquidity area and the breakdown of the wave structures and times, I think Chiliz is near the end of its upward trend.
Chzchart
CHZUSDT. NFT Chiliz Bullish Outlook. Chillin' in Moon Mode.Dear Friends ,
Here we look into another opportunity on our watchlist daily. This time CHZUSDT caught our attention.
CHILIZ nosedived after the last ATH wild run. I know many noobs who FOMO'ed .
I know you all cannot wait for it to get back up. And here it is on the recovery path .
CHZ is one of the NFT bubbles with huge community support and many who believe in the project.
On the correction travel it completed all my Targets downward. Hit the largest on 7th . Confidence is back!!
Beside the marked Support on Chart, there is another unmarked support near $0.47xx , it is doing fine too.
Resistance at near $0.56xx will be attempted again. With a higher chance of breaking, with more Bull Power.
Buy Zone near the next little pullback before journey upwards. Further little squeeze expected on my timeframe.
A little hurdle near 50% Fibs . which marks Initial Target . Next hurdle near 0.618 Fibs which marks Final Target .
If Bull fails to hold near 0.47xx unmarked support , the Bears will alter the direction towards Market Deviation area
BTC market pull is the other alternative to see direction down to Market deviation area.
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