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CHZUSD

Is CHZ days are over?CHZ has been moving in a descending Triangle for some time now, and all this while it hasn't attempted to touch the upper Trend LIne (Black) of the Triangle . At the much small time frame, we can see that CHZ is moving in a downward parallel channel. Also EMA 25 is working as a Resistance which states that CHZ would need bit of fight before moving back up. Also Volume is not working in its favour either and its been pretty low. Looking at all these trends there are two potential scenarios that can happen. Scenario 1 (Black Path) - CHZ to move in downward parallel channel and break lower part of the triangle to officially enter the downward trend. Scenario 2 (Red path) - CHZ to bounce off from S1 and try to break upper part of the triangle. So far looking at the trend, scenario 1 looks more likely. However in crypto world currencies are free to move and can surprise you in the last moment. If you like my analysis then do drop a LIKE and a COMMENT. Also dont forget to SHARE it with your friends. Also dont forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies NOTE: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
4
CHZUSD TA Time day 21-3-2021!Greetings fellow traders! My first TA on Chiliz! Quite exciting, since I come with hopefully good news. A symmetrical triangle is forming. Hopefully it finds support whereas it is now. If it does it will confirm the bullish pennant. The apex is quite a short window before it breaks out. Whether it will be bearish or bullish. Standing on alert at these times would be wise. Waiting for EMI 1 yellow X with green diamond for confirmations. EMI 2 is still pretty bearish. However the money flow is still above 0. Regardless of its velocity declining. Stochastic & RSI recently crossed bullish and leaving the oversold territories. Since crypto overal is in a bull market, I'm pretty bias on the bullish side. Even if it does break bearish. I still wouldn't be really concerned. I reckon it will become a stronger bullish pattern eventually. Good luck, be careful and may the trend gods be with you!
BINANCE:CHZUSDLong
by bonic
CHZ: Target ZonesGood day to all profit makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor! and this is not financial advice - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change! - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Long
by dstvst
3
CHZ/USDT great growth potentialHi every one CHILIZ / TETHERUS The CHZ/USDT has formed a bullish flag and broken out of it . there is also hidden bullish divergence(+HD) on both MACD and RSI indicators and the MACD's MACD line is about to cross the signal line upwardly these bullish signals are enough to make us think that CHZ has great growth potential! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
23