CHZUSDT forecast and signalAfter breaking and confirming the break of the upper line of the downtrend channel, I canceled the short trade and now I am waiting for the opening of the long trade
CHZUSDT long-trade
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CHZUSDT
CHZ Bullish PatternCHZ has formed a pretty clear Cup and Handle pattern on the Daily , pattern that can have it's projection verified as seen in the chart. The volume is in divergence with the price action, indicating that there is low interest in pushing the price further down.
We will consider this opportunity as invalidated if we close any daily below the 0.33 Fib .
The diamond on the CHZUSD day chart !CHZ surged more than 200% from 0.081 and it mixed after hit the downtrend from the day chart .
It haven't break down the green uptrend and if CHZ break out the diamond pattern and the strategy as below .
TP1: 0.2646
TP2: 0.3148
TP3: 0.3351
TP4: 0.3568
TP5: 0.3784
TP6: 0.4487
If breakdowm the diamond
the strong support will be 0.1512
4H Bullflag on CHZBTCWell, it seems that VAH of the big range is holding and in 4h time frame, CHZBTC is forming a Bull flag. if this play out the next level of resistance would be the 0.78 retracement fib level which is in the confluence of the April 2021 High. from there one could look for an SFP of the high and trade this pair back towards the VAH of the Range. if it gets accepted back in the VA range one could look for POC of the range for the next level of Support. I am personally not trading this pair but I look at it for getting ideas on the USDT pair.
CHZ /USDT i have a short feeling...i will enter a short position on CHZ here at 0.235.
i will take profit at 21.10 and stop my losses if it come to that,if a 4h candle closes above 0.2520
about 10% upside and 8% downside.
i won't go wild on leverage either.
2x at most,maybe even no leverage at all
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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.
$CHZ (Chiliz) Daily Update : +150% ✅And this is the update of Chiliz : These days, contrary to the main market trend, we have seen a good pump from $CHZ , and since its introduction and first analysis , it has yielded more than 150% ! Considering that it has reached an important supply zone , you can take your profit (short-term and medium-term traders ) and the holders can still keep it for higher targets!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 08.24.2022
⚠️(DYOR)
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