CHZ Forecast 📊 (H2)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- Price is right now at our demand zone.
- Has filled out the imbalance.
- Purged the liquidity pool generated as inducement.
- We could expect price to shift bullish and fill the imbalance and also, hunt the trend line liquidity resting above.
- Waiting for a confirmation BOS as we still have a lower POI in play
Remember we are trading human emotions and probabilities
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HooRaa
CHZUSDT
CHZUSDTHello my dear friends
The range of the flag limit has been maintained and the movement trend has not been lower than $0.1766, the positive divergence of the RSI has been issued in the four-hour time frame.
If the current trend is above the range of $0.2183, we expect a reaction and the formation of an increasing trend to a higher area in the return of the price from the range of $0.1878.
We would be happy to hear your comments
CHZ looking ready to reverse...BINANCE:CHZBUSD
Closing on reversal zone, strong historic resistance, expect closing of long. Some TP
Ongoing narrative re. World Cup - unlikely to outweigh downside market risk in near term - may result in crash and rebuild toward the game dates
Bullish impulses weakening for last two cycles. Expect one more push up - to gap zone then BOOM!
Enjoy
Trading opportunity for CHZUSDT ChilizBased on technical factors there is a Short position in :
📊 CHZUSDT Chiliz
🔴 Short Now 0.2688
🧯 Stop loss 0.2910
🏹 Target 1 0.2500
🏹 Target 2 0.2210
🏹 Target 3 0.1800
💸Capital : 1%
We hope it is profitable for you ❤️
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Not a hot chilli, retrace incomingPotential short term double top for CHZ as it is finding trouble breaking out of the lip of the cup for the handle, looks like a it is getting rejected in the area and could potentially come back to the bottom of the double top at the 0.382 retracement of 0.18, hopefully it holds there as strong support, if not, next area would be 0.143 which is the 0.618 retracement.
Thoughts?
CHZUSDT 1DCHILIZ (CHZ) is now trading on its LTA (Uptrend Line) that started on 9/15/2022. Since September 15, the upward price movement has followed an aggressive bullish line, even with the high volatility of BTC. A large volume contributes to this high. This bullish rally has started since CHILIz made an announcement that it will stop using the ethereum blockchain to allocate its fungible and non-fungible tokens to its own CHZ 2.0 blochachain. And it will start its stake with the Cayene update.
Its key support levels are $0.2327 and $0.2123, and resistance levels are $0.2468 and $0.2602.
CHZ - 1H Bearish DivergenceCHZ has been on the rise in the past couple of days before reaching its peak price point of ~0.26. Momentum has been fading together with volume and recently a bearish divergence seems to have surfaced on the RSI and MACD indicators. It would be likely to see a short term price retracement from the lows in area 0.23.
Will try a very risk and short term short, eying 1-3% gain.