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Chzusdtanalysis

CHZUSDT: Is a Major Bullish Reversal on the Horizon?Yello Paradisers! Are you ready for what might be a big move in CHZUSDT? It’s starting to show some strong bullish signals, and missing this could be a mistake. 👀 💎CHZUSDT has displayed a Change of Character (CHoCH) along with a Break of Structure (BOS), pointing towards a bullish market structure shift. Additionally, the formation of an Inverse Head and Shoulders pattern is further boosting the probability of a potential bullish move. 💎But here’s the crucial part! If CHZUSDT breaks out and closes a candle above the resistance zone, it will validate the pattern and increase the probability of bullish move. 💎In case of a pullback, we’re looking at the strong demand zone as a potential bounce area. However, we’d prefer to wait for an Internal CHoCH that realigns the market structure into bullish territory before making any moves. This confirmation would enhance the probability in our favor. 💎On the flip side, if CHZUSDT breaks down and closes below the strong demand zone, it would invalidate the entire bullish setup. At that point, it’s wiser to step back and wait for a clearer price action to develop. 🎖Patience and discipline are key here, Paradisers. Wait for the best setups, and don’t rush into trades without solid confirmation. Trade smart, and stay ahead of the crowd! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
CHZ Technical Analysis in Weekly TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: Ever since March 2021, when CHZ made its all-time high at $0.94, it has been in a downtrend. The price of CHZ has fallen almost 94%, and it could get worse if it doesn't hold the initial support level at $0.0536. Currently, the price is showing a rebound action, and if it plays out successfully, we are likely to see CHZ at $0.1253. In the long run, CHZ needs to achieve a 16x gain to reach the all-time high level. Considering a further downfall, $0.0344 to $0.0408 is likely to be good support for CHZ. - Primary Support/Entry: $0.0536. - Lower Support/Good entry: $0.0344 to $0.0408. - Primary Resistance: $0.1253. - Invalidation point: A breakdown and close below the lower support trendline. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
CHZ Flag + Channel BreakoutThe CHZ coin recently experienced a notable technical chart pattern development, characterized by a breakout from a flag formation followed by a breakout from a downtrend. This flag formation, typically a bullish continuation pattern, suggested a consolidation phase after a sharp price move, leading to a subsequent breakout indicating a potential for further upward momentum. Shortly after this bullish signal, CHZ also broke out from a longer-term downtrend, further reinforcing the positive sentiment among investors and traders. This downtrend breakout is significant as it implies a reversal of the previous bearish trend, setting the stage for a new phase of bullish market activity. Together, these technical breakouts have sparked increased interest in CHZ, hinting at a potentially strong recovery and increased price action in the near term. This is a trial. Not a financial advice.
Long
by Dantefe
I expect CHZ to break through a strong resistance zone.Hello everyone! Chiliz is preparing for a breakthrough of the local descending channel. The main resistance factors for the price are currently the descending trend channel, the 200-day moving average (EMA-200), and a strong Fibonacci level of 0.382. Entry should strictly be made at the Fibonacci level of 0.382. First target - $0.1135 (+33%) Second target - $0.139 (+63%) As I mentioned before, the decline in Bitcoin dominance will provide a good impulse for altcoins to grow. This is not financial advice; everything you do is at your own risk!
Long
by neverovv
1
#CHZ Suspicious of the head and shoulders patternIn time H2, it is moving in an ascending channel, which forms a head and shoulder pattern with the formation of lower ceilings, which can enter the sell position if the low dynamic trigger is broken. Therefore, we should see a reverse candle in the resistance range. If the trigger breaks from above and stabilizes, this position will become invalid. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Short
by alikze
9
CHZ/USDT Break out the key level resistance. Bullish Momentum??💎 CHZ has undergone significant developments in the market. Currently, CHZ has successfully broken out of a key resistance area, indicating a bullish momentum for its next move. 💎 The chart is now in a retesting phase, initially at the support level, which was previously resistance. After this retest, there's a probability of CHZ continuing its upward movement and reaching our target strong resistance area. 💎 However, if during the retesting phase CHZ fails to bounce from the support and instead moves sideways for an extended period, it raises concerns. This scenario could be a sign of potential support breakdown. If this occurs, the price may switch back to a downward movement, with the target set on the Bullish OB area. 💎 The Bullish OB area serves as the last support for CHZ, coinciding with the support trendline. Bouncing from this area and reclaiming the position above the resistance is crucial for CHZ to resume its upward trajectory. Failure to do so may result in continued downward movement, returning to the bottom support level.
by MyCryptoParadise
CHZ/USDT bullish ride? 👀 🚀 CHZ Today analysis💎 Paradisers, prepare for a promising opportunity with CHZUSDT, as it has recently transformed resistance into support, indicating a strong likelihood of a bullish trajectory. 💎CHZ has consistently followed a descending channel, breaking above it to initiate an upward trend. After surpassing the resistance level at .6515, it successfully captured buying interest, further breaking through the second resistance level at .7497. Currently, this second resistance level has evolved into a support zone, enhancing the probability of a continued bullish movement. 💎 Should the price fail to honor the current support level at .7497, we anticipate a bullish strategy from the demand level. A breach below this point could lead to a significant drop towards the next support level. This scenario underscores the importance of staying alert and responsive to market dynamics. 💎 A key milestone to watch for is the breach of the third resistance level at .8464. Such a development would likely signal the commencement of the next bullish phase, presenting a strategic opportunity for market participants. As always, vigilance and timely action are crucial in navigating these market shifts.
Long
by MyCryptoParadise_Simon
CHZ 4 HR TF HEAD & SHOLDER FORMEDHELLO FOLKS, Today i got CHZ head and sholder pattren formed i am waiting for break out in aggressivily my analysis are all chart pattren and smc conscept chart pattren : Head and Sholder now right sholder coming to ending posistion if btc breaks below 27k then goto the 25k so chz next support zone 0.99 smc : stiil order block not reached so we waiting for confirmation about breaks zone i draw my entry and exit in chart keep watching. if i am wrong please leave your comment below thnaks love u all
Short
by PRABAKARAN1206
2