CHZ is bearish but has room to go higher.Hello guys!
CHZ got rejected by the resistance level.
It made a 15% pump, and now it has come back to the support zone.
The trend is bearish in general, but this asset still has room to go higher even in this bearish trend channel.
It just needs to break two resistance levels and confirm above them.
However, the dynamic resistance levels shown on the chart are extreme, so be careful.
Let me know what you think. I would love to hear your ideas.
Good luck!
CHZUSDT
CHZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CHZUSDT
Here we have R3, R2, and R1 as the resistance areas and they all express the price was not able to rise at different points. And at the bottom, S1 is our long-term support area that includes the support of price since the past. Hence, we have the price fluctuating below R1 and we expect two scenarios here. Either the price will start a rise by giving us some confirmation candles in this regard and we would have its increase up to higher amounts. Or possibly the price will lose the support and faces a decline to lower amounts. The point is to wait for some confirmation candles in order to make sure what will happen next and act wisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHZ: Oversold at SupportChiliz (CHZ) technical analysis:
Trade setup : Price got rejected 4x at $0.27 resistance zone after which it broke below $0.18 and $0.15 and $0.12 key levels, signs of Downtrend. However, price is now very oversold (RSI < 30) and near $0.10 support, which could be swing entry for near-term bounce. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com. Recently, there’s been some big news announcements with Barcelona FC.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $0.10. The nearest Resistance Zone is $0.12 (previous support), then $0.15 and, $0.28.
CHZUSDT 1HCHZ with strong resistance at 0.1126 and good support at 0.1085; on the 1H chart. With the RSI indicating exhaustion of selling forces and the CHZ visiting the lower edge of the Keltner Channel, Possibly there will be a rise of the CHZ in search of the MM200 which is at 0.1121.
CHZ was massacred too much with evictions during and after the 2022 world, but it continues with its fundamentals and will soon deliver its blockchain, hence its price will return to seek the fair range. on the 1h chart the indicators show a long trend.
Supports and resistances follow.
S :10.72 / 0.1085 / 0.1087
R: 0.1101 / 0.1119 / 0.1126
Short the CHZHello traders!
Welcome back to another episode with Analyst Aadil1000x.
Today we are shorting CHZ because of a bearish pattern.
Sell CHZ now @ 0.11182
Stoploss 0.1129(-0.99%)
Target 1, 0.10913(+2.38%)
Final Target 0.10564(+5.5%)
Don't forget to hit the like button and follow to stay connected
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.
💁♂️ CHZUSDT / 1W Long term❗💁♂️ HI Everyone...
As you can see, in the weekly time (logarithmic chart), the price is in a descending channel. In the long term, there is further correction of the price up to the range of 0.58/0.80. There may be a positive reaction from the support ranges, it should be seen how the price will react to these ranges.💹
Maintaining the range of the support zone is important for the positive trend.❗
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
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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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