CHZ/USDT Elliott Wave countChiliz after ended an impulse to the upside entered into a correction that I think is an WXY.
I entered short here after a rejection into 0.5 fib retracement of abc that forms W wave with targets at those two support levels and stop lose above 5th wave.
I will keep updating this trade so if you like it subscribe for future updates and give a like.
Thank you and good luck.
CHZUSD
CHZ targetting .382 fib?!CHZ has been performing exceptionally well! No one can deny that.
But I'm even starting to believe in the wild idea that we may be targeting the .382 fib level as which coincides with the original trend line. I don't want to discount the probability CHZ has to continue with this momentum and surprise yet again by performing exactly in this fashion! but.. hey.
If CHZ follows, this is just my assumption, but that would validate the trend and keep us squeezing within the range until the eventual and inevitable massive rally break out!!
P.S, forgive the repost. the mobile version is wonky at best. i wont be messing around with that again.
CHZUSD ❕ correction continuesPrice has formed candles with long upper shadows, which may signal weakness of buyers.
After the long shadows, a Spinning Top was formed, which indicates uncertainty in the market.
On the 4H Timeframe CHZ is in the overbought zone.
I think the asset could go down in search of liquidity if the price holds below support.
Chiliz (CHZ) - August 24Hello?
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(CHZUSDT 1W Chart)
The 0.1858-0.2460 interval is the interval that determines the trend.
Therefore, if it rises above 0.2460, it is expected that it will lead to an upward movement to the next section, 0.4869-0.5471.
However, the key question is whether it can move higher than 0.3665.
(1D chart)
A break above the 0.2695, 0.3034 and 0.3319 points is required to move above 0.3665.
To do that, you need to make sure you can get support in the 0.2402-0.2640 zone or higher.
If not, you should be careful as the pull back pattern could lead to a drop near 0.2079.
The 0.1858-0.2460 section is a trend-determining section, so it is highly likely to lead to further upside if supported in this section.
However, as it is currently higher than 0.2460, if it falls below 0.2079, it is highly likely that it will lead to further declines, so be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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CHZ Big rally is loading with World CupAll blockchain ETH, SOL, AVAX, ADA are fighting to be major blockchain.
However CHZ made huge partnership with all football teams.
Now it is time mo build metaverse for each teams for CHZ. All fn tokens getting meaningfull with metaverse.
50 Dollar is coming around November-2022.
Fasten your seat belt and see what is going on ;)
Chiliz back in triangle pattern - next target: BREAK resistanceChiliz back in triangle pattern - next target: BREAK resistance
CHZ avoided the bearish scenario and invalid the textbook breakout of descending triangle
Now we are at a strong resistance from ATH
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
CHZ/USDT - 20.08.22 Market UpdateHello Traders!
CHZ is moving within the downtrend. The local uptrend started, following the price getting a reaction from the MA100 on the weekly timeframe.
Based on the situation in the market, we can assume another wave of reduction. In this case, medium-term positions will be interesting.
Purchases can be considered in the range of 0.050-0.087$.
The targets will be the price levels of $0.25 and $0.33
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
✅TS ❕ CHZUSD: bounced down✅✅CHZ bounced down, changing the direction of the main movement. I expect the fall to continue.✅
🚀 SELL scenario: short to 0.1642.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
CHZ/USDT Uptade chartHi, I try to post often so if you could boost and follow it would mean a lot to me.
In the mid term I am preety confident on CHZ but now its time for a quick short. CHZ has a bearish divergence in the 4H chart that shows two support lines. We got an invalidation at 0.20$ and we are ready to restest that support. MACD is about to cross, so in my opinion we will probably go down to 0.18$. After that we will see how the coin will react to that support. Comment what you think.
I am back posting after a long time and streams will resume soon. I had some problems so I couldn't stream yesterday. I am thinking that doing late night streams (UK time) is a good idea since that's the only schedule that works for me. I am trying my best to be active again so you can expect new posts everyday. Thanks!
CHZUSD Critical 1W MA50 testChiliz (CHZUSD) has been on a +190% rally ever since the June 19 Low and yesterday it hit its 1W MA50 (red trend-line) for the first time since March 31. So far the price has been rejected and that is a critical test as on March 31 the rejection initiated a brutal sell-off -75% to the May/ June Lows. With the 1D RSI exactly on its 1 year Resistance Zone, we have to approach this with caution.
A candle closing above the 1W MA50 and the RSI above its Resistance, will be a bullish break-out signal towards the Lower Highs (top) trend-line of the Channel Down that started the Bear Cycle in March 2021. Until then, yesterday's rejection is a short-term sell signal targeting first the 1D MA200 (orange trend-line) and then the 1D MA50 (blue trend-line) along with the internal Higher Lows trend-line (dashed line).
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CHZUSDT 1D Will Chiliz price be able to repeat the super growth?Today we will consider the chart of the CHZUSDT trading pair
Over the past few days, the value of CHZ has increased by 50% , and this is despite the fact that the cryptocurrency market is making correction attempts.
We assume that this wave of growth can last up to 2 months (of course, with not deep corrections). The maximum target for the growth of the CHZUSD price is in the area of $0.29-0.31 , from where a deep 50-60% correction can already begin.
If we look at the CHZUSDT chart globally, we will see that in the period November 2020-March 2021, in just 4.5 months, the Chiliz price grew +11000%
And then a protracted and exhausting price correction lasted for 14 months.
A new global growth wave appears to be taking shape now. The indicative target for CHZ price growth that we set for ourselves will be in the region of $4.30. If this forecast comes true, then the price growth of Chiliz will be +5200%, which will also be simply a cosmic result)
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Chiliz CHZ - $3.55 a realistic long-term target ??Chiliz - $3.55 a realistic long-term target ??
Look at the quite impressive high similarity over the last 10 weeks at the beginning of CHZ bull run November 2020 and the last 10 weeks right now !!!
Of course the parabolic run from the past is never a guarantee for the future... but the projection target matches with log FIB 127.2% at $3.55
What are your thoughts on that dear Crypto Nation?
*not financial advice
do your own research before investing
Chiliz CHZ target achieved - what next ?? Long-term viewChiliz target achieved - what next ?? Long-term view
CHZ triangle breakout target was achieved yesterday with a nice pump to golden pocket on FIB 1
Drawing FIB 2 from ATH we are not even close to any recovery levels
More useful... LOG FIB (FIB 3) shows we are now at 38.20%
CHZ is overbought at the moment - correction likely
More updates on this dear Crypto Nation
*not financial advice
do your own research before investing
Chiliz CHZ with near breakout targetChiliz with near breakout target of ascending triangle at $0.20
Also CHZ can close today's candle above EMA200 - not done yet
Then next days will decide if this is a real breakout or fakeout as we had end of May dear Crypto Nation
*not financial advice
do your own research before investing
#Chiliz - #CHZ on critical mark Can Chiliz avoid the bearish scenario - textbook breakout of descending triangle with confirmation ??!!
All Bulls and Coin believer (me included ;-)) will hope for a clear break above $0.17 and invalid this pattern
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
Chiliz (CHZ) - August 2hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(CHZUSDT 1W Chart)
The interval 0.1858-0.2460 is the interval that determines the trend.
Therefore, it is important to rise to this section and be supported.
(1D chart)
The key is to keep the price above 0.1368.
If it falls below 0.1368, it may fall near the 0.1092-0.1199 section, so you need to trade cautiously.
It is necessary to check whether it can ascend more than 0.1780-0.1858 section.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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💎 CHZUSDT : 487.39% Profit Potential in Next 9 Months💣💣💣💣last 2-3 weeks we seen huge buying in CHZ coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews