CHZ Update: M or Flag?So I made a Bullish analysis before showing that CHZ is drawing a Bullish Flag in a biger scale. Let's have a look a little bit closer.
So of course market can go either UP or DOWN (Genius). Direction doesn't matter, we should take our positions according to it. I showed two different path that CHZ can follow.
RED LINE:
Bearish scenario can be activated if the price drops below the support area that I have shown in the Graph. In that case "M" shape will activated so price can fall down to the lower trendline, which is a good point to buy some CHZ.
BLUE LINE:
Bullish scenario can be activated if the price breaks the ressitance area. Then, Bullish flag will be activated so we can see the price can move up first in the region 0.44-0.55$. Then, probably price will get rejected from that area. However, if it can exceeds that area than we can see upward movement up to 1$. Price will %90 rejected from this area because of the "rounding effect".
This is not a financial advice. This is just my trials.
CHZUSD
CHZUSD Megaphone keeps the price in range. Follow the break-out.Chiliz (CHZUSD) is rebounding after hitting the bottom (Lower Lows trend-line) of the Megaphone pattern that started on the August 24 High. That was when the former Cup pattern was completed. Until broken either way, it is advised to do scalp trading within the Megaphone.
A break below it targets the 0.08500 Support, while above it targets the 0.5530 -0.6680 Resistance Zone.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Chiliz CHZ Crypto Market after the ElectionsMy forecast is that we will see a bearish outcome for the crypto market after the November 8th Elections, especially for Chiliz CHZ , which is overvalued.
CHZ/USDT short
Entry Range: $0.27 - 0.28
Take Profit 1: $0.24
Take Profit 2: $0.21
Take Profit 3: $0.18
Stop Loss: $0.32
Entry level for CHZ!Here's a quick Look at the CHZ daily chart.
The best entry would be when the price breaks above 0.3$ with a good amount of volume!
-------------------------------------------
The idea is: Buy when the price breaks above 0.3$ and take profits at the levels shown in the chart.
Targets:
1. 0.31$
2. 0.33$
3. 0.35$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
CHZ/USDT - LONG -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
---------------------------------------------------------
⚡️⚡️ CHZ/USDT ⚡️⚡️
Exchange: ByBit USDT
Trade Type: Breakout (Long)
Leverage: Cross (5.0X)
Entry Orders:
1) 0.24485 - 100.0%
Take-Profit Orders:
1) 0.25850 - 60.317%
2) 0.26915 - 24.855%
3) 0.28580 - 9.826%
Stop-loss Orders:
1) 0.21940 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
CHZ grew by more than 15% yesterday and 7% today!CHZ grew by more than 15% yesterday and 7% today. After the price entered the corrective wave, we saw a positive reaction to the support levels of the floor of the medium-term bullish channel. After the pullback to the support range, this good rally occurred before the Bitcoin price declined. The resistance range of $0.236 to $0.270 is very important in continuing its mid-term and long-term trend because it is considered an important resistance in the daily time frame. Because if this area is broken, the price can even leave its long-term downward channel. For the short term, until the bottom of the ascending channel is broken and the market conditions remain favorable, we can expect more price growth from this currency.
Chiliz (CHZ) is the most dangerous altcoin!Hello, everyone!
This is the bonus analysis for today. I decided to consider the Chiliz because it’s pumping and have a huge interest because of that. I wanna warn you, buying this altcoin could be dangerous, not because of it’s pumping against the market, because of how it is pumping. It has too clear structure that can give me an idea that the target for CHZ is very low.
This is the daily time frame of the CHZUSDT chart. Here we have the confirmed 5 waves structure which have been already ended. I defined it because the price reached it’s target zone and confirmed waves 3, 4 and 5 with the Awesome oscillator divergence and zero line cross under.
Today the price pumped and found resistance exactly at 0.61 Fibonacci retracement. I think the game is over. Wave 2 is finished and next couple of weeks we will see the huge crash in the wave 3. This thought perfectly confirms our setup for the Bitcoin. Crash is imminent, guys. Prepare your bags!
Best regards, Ivan
CHZUSD ❕ pivot pointCHZ and RSI have formed a bullish divergence (4H TF)
The RSI on the 4H TF shows that the buyers are beginning to gain strength.
Price is testing 50EMA as support on the 4H Timeframe.
TD Sequential has formed an up reversal signal (30m TF)
I expect growth if CHZ holds in the current range.
🔥CHZUSDT SHORT TERM UPDATE!!🔥Check out the trade plan for CHZ today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
CHZUSDT Short-term trade plan on 30 mins timeframe inside the channel and support formed.
Descending broadening wedge patternCHZUSD is forming a descending broadening wedge pattern. The RSI shows that CHZUSD is oversold, which would indicate upcoming bullish momentum. The price is also touching the bottom of the Bollinger band, which would also indicate upcoming bullish momentum. Still waiting for the volume to increase even more.