CHZ/USD :: Short for Long time ?CHZ/USD :::
It is in a descending channel and the overall trend is moving downwards .
The support has been broken and there is a big price difference until the next support, and this creates a good opportunity for a sell position .
If the next support is also broken, it will continue its path to the bottom of the channel .
<<< Good luck >>>
CHZUSD
CHZUSDT - 1200% upside potential after a 40 - 60% drop from hereCHZ - chiliz
the leading NFT token, is in a continuous downtrend since the 2021 top.
it has come to the price where the accumulation would probably start.
Although BTC having a CME gap at 12K would take it further down to 0.08 - 0.04. This would be an area to start DCAing CHZ for the relief rally of 2023 around OCT 2023 we might see a huge upside for CHZ at around 0.35 - 0.55...
The chart is drawn on a Monthly Timeframe. its not suggested to use it for futures/options.
**** It's not financial advice.
CHZUSD ❕ above the rangeThe FIFA World Cup 2022 ends in 2 days, which means that interest in fan-tokens will soon drop, which will affect the price of CHZ.
The RSI chart is in the sellers area (4H, 1H and 30m TFs)
I expect a continuation of the decline if the price fixes under the upper boundary of the range.
CHZ looks bullishI hope you are fine
Before anything else, be careful if you do a transaction, don't forget to manage the volume and leverage and set the stop, and the transaction in this time frame is not low risk in the market.
I detected a diametric in the 4-hour time frame, which seems to go up for wave f. The red box is strong resistance.
Chiliz CHZ price "gives signals" of possible growth soonCHZ price was expected by many to grow during the World Cup, which is coming to an end, as Chiliz is one of the sponsors.
But the CHZUSDT price was falling all the time.
And now, at the end of the World Cup, CHZ buyers began to restrain the fall by purchases, and for the last few days, the price has been testing the liquidity zone of $0.125-0.140 from above.
Some kind of inversely proportional effect from the sponsorship turned out)
It seems that in the coming weeks, the CHZUSDT price has every chance to make +90% growth . It will be "very funny" if the growth impulse starts immediately after the end of the World Cup)
From the point of view of risk management, we believe that buying CHZ in the range of $0.125-0.140 is quite balanced in order to gain a long position. Medium and long-term growth targets are $0.259 and $0.55, respectively
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Two reactive support levels!The first support that we expect a positive reaction from this level is considered in the range of $0.126 to $0.140.
The second support, located in the $0.105-$0.108 range, can activate many inactive buy orders in this range.
In the 4-hour time frame, the trend is still bearish, and we should wait until the price hits the specified support and forms a positive divergence on the RSI indicator. Also, to complete the reversal signs, you can draw a downtrend line and consider the break of the trend line as a signal for price growth.
CHZ – time to dump!Hello, everyone!
Last time I made an analysis on Chiliz a week ago. Market deceived me with the flat correction inside wave 4 which I wrongly interpreted as the wave 3 and 5. Flat corrections became more often phenom recently. Today market gave me clear picture that the uptrend on CHZ have been ended yesterday.
Let’s take a look at the 1D time frame CHZUSDT chart of the WhiteBit exchange. Trading chaos approach gave us the very nice picture. First of all I want you to bring your attention that the price have reached exactly the minimal wave 5 target. Of course it’s insufficient to enter the short based only on that.
Yesterday bar was the bearish inverted hammer which in conjunction with the squad condition and angulation with the Williams alligator give us the idea that it’s reversal bar – the best place to open position against the trend. Divergence on AO is weak, but it’s divergence which is also the reversal factor.
I opened short on CHZ again, hope it will not go against me again.
Best regards, Ivan
Chiliz still in bull phase after EMA 75❌EMA125 crossChiliz still in bull phase after EMA 75❌EMA125 cross
What's next for CHZ dear Crypto Nation⁉️
Heavy bull phase🟢🌶️🟢
Or correction / bear phase🔴
Let me know your thoughts on CHZ
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
CHZ/USDT Trade Setup, 77% potential profit RR 1:14.I've already shared the reason I am opening this long in my last BTC update.
(The link is at the bottom of this update)
CHZ/USDT
Entry:- $0.17950 TO $0.16725
(7.54% is the accumulation range from CMP so plan your entry accordingly)
Stop Loss:- $0.15804
Recommended Leverage:- 3x- 5x
Target:- Open (Possibly 50% to 70%)
RR 1:14 (Highly Lucrative)
This is not financial advice. Always DYOR.
These are my trades.
Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling.
I am ready to take the SL if it gets hit.
Trade only if you can afford the SL.
Do the maths before you enter the trades and manage your risks properly.
Fund preservation is our foremost priority.
If you like me to post more. Share this idea with your friends and communities and please hit the like button.
I have been with you in the bullish days and the bearish days.
We are going to have an amazing bull run for sure.
Cheers!
Thank you
#PEACE
CHZPERP - How much support will fans have for professional sportThe instrument is relatively new. After several false-breaks the price returned to the middle of the range, where the price is likely to break through the local highs, because the extreme SP plus Test signal indicates the realization of purchases.
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.