CHZUSD
CHZ is about to explode!Hello, everyone!
I found the prefect signal with the Elliott Waves analysis on Chilliz. We can see that the Waves 1, 2, 3 was formed. The Wave 4 is forming now. As we know the Wave 4 usually means the profit taking after Wave 3. As a result Wave 4 develops slowly and usually is formed as A-B-C-D-E triangle correction, which we can see properly on the chart. This wave is next to it’s end, because the full correction cycle was formed and the target zone for Wave 4 (0.5-0.61 Fib) was reached. The target zone for Wave 5 calculates as the distance between Wave 1 start and the Wave 3 end prices plus the Wave 4 end price. This we obtained the $0.78 as the final target to take profit.
Put your stop-loss below the Wave 1 peak ($0.36). This is the nice trade opportunity with the 3:1 risk to reward ratio.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
CHZ PERFECT BREAKOUT AND RETESTNo many words can i say with this chart
This chart too beautiful
Buy on Blue Box : 0.40 - 0.45
Target 1 - 0.52
Target 2 - 0.60
Target 3 - 0.70
Target 4 - 0.80
Target 5 - 0.90
Stop Loss : 0.35
Keep in mind leverage trading can be highly risky, trade with not more than 5% of your funds in leverage trades.
*Not financial advice.
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₿ Chiliz 1D ₿ : 01.DEC.2021 (CHZ)This is a Chart review and The possible trend of #CHZ. Everything is Clear on the Chart , but just in case if you had any question , Please Ask ...
CHZ Price Live Data
The live Chiliz price today is $0.440844 USD with a 24-hour trading volume of $374,607,813 USD. We update our CHZ to USD price in real-time. Chiliz is down 3.39% in the last 24 hours. The current CoinMarketCap ranking is #67, with a live market cap of $2,623,793,800 USD. It has a circulating supply of 5,951,749,373 CHZ coins and a max. supply of 8,888,888,888 CHZ coins.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHZ holding the supportFor now green box on chart acts as support, even after huge BTC drop, seems it remains strong.
Bought Chiliz on spot around support box and waiting for next wave up. Target on chart bit optimistic but it's just potential, not gonna hold 100% till it.
S/L:
- If weekly closes below "Previous HH Weekly".
OR
- if daily closes below green box.
Feel free to share your thoughts here.
CHZA dear friend suggested this crypto to me.
I shared my analysis with you
The profit-to-loss ratio of the CHZ is good.
cryptocurrencies are strongly correlated with bitcoin
and simultaneous bitcoin analysis should be considered.
*************************** ATTENTION *********************************
In my view, the price of bitcoin is in an unclear position!
It may go up, it may go down, the probability of both is almost equal.
Enter the market with very small volumes.
Do not forget that we have received our profits from the crypto market before!
Do not lose all those profits!
please read my latest view to BTC
ATTENTION again!
Follow the principles of capital management.
Pay attention to your strategy.
No analysis is 100% accurate, even if it sounds perfectly good.
You are responsible for your own trades, so do it carefully.
Cryptocurrencies are volatile and have been highly correlated with bitcoin in the past
CHZUSD Relevant PatternsCHZ has performed a moonshot and is now sitting above the 4.618 fib level
This is due to the breakout of the curved structure that is present
Patterns that have formed on the chart include falling wedges and broadening wedges, both ascending and descending, and a cup and handle.
You could assume that because the descending one broke out bullishly the ascending one will be bearish. This is not certainly the case. probability dictates which way the wedge will break to.
While price is sitting above 4.618 ill assume the bullish movement hasn't stopped, and movement along the curve may peak soon.
Missed CHR? CHZ next. 500% possibleHello Friends,
My another favorite C coins. CHZ, CHR, COTI :)
I know many missed CHR run, dnot miss this one. It broke out already, expecting a retest.
So I would buy now and add on dips. Expected target $2.2
If you ask me when? I dnot know. I am expecting the rally in this bull market (on or before Jan, 2022)
Please dnot forget to hit like and follow button :)
and Watch my other ideas.
Please note : As you know, BTC is the mother of all coins. Any big price movement in BTC's Price could trigger negative reaction on the CHZ price movement.
Will Likely Be Determined By BTC Price MovementsIt's not pretty, but this how I see CHZ. I think it's easier to look at BTC for CHZ's next move, but here are potential targets for either direction the market chooses.
Despite the potential short-term bearish move that MAY take place, I am still near term very bullish on CHZ.
Remember to follow if you want analysis on our top crypto's, as well as like and follow if you appreciate the analysis.
Not financial advice, trade safely my friends!