CHZBTC trade ideas
CHZ/BTC 40% Up and still 50% more rooms for upward and exit plan#CHZ/ BTC Profit Update:- ( Exit plan)
According to TA #CHZ looks Good and if you want to enter again then best entry zone would be 120-130 Satoshi
My Entry was 95 Satoshi that time i told you to buy so i hope you also bought with me.
Support:- 100/120 Satoshi
Resistance:- 123 ✅ /147/183/215 Satoshi
I will buy more at support level .
and placing Buy bid between 110-120 Satoshi.
I told you in last Post- Remember if #CHZ breakout 125 Satoshi upward then We can see 183 Satoshi also in short Term. So #CHZ broke out 125 Satoshi.
So I also suggest you to sell when every big Spike so I am ready to sell above 180 Satoshi.
Sell Target Within 5 Days.
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$CHZ Trade IdeaWhat is $CHZ? We are the leading blockchain-based sports & entertainment tokenization platform.
Fundamental Analysis,
Socios.com partnered with UFC, which was taken very positive from community
Recently $CHZ got listed in several exchanges (HBTC, CoinDCX)
Socios app which is the main engagement app expecting plenty of new features in June. As per CEO's tweet.
A new FTO (Fan Token Offering) is coming for FC Barcelona. $BAR (this is the main bullish news to take this trade)
Currently JUV (JuventusFC) token has seen and impressive growth of over 50% within last month. Something I regret for not buying under 400 $CHZ
Trade Idea 1,
They just broke out of 106 sat area which was holding a strong resistance, then went to test next resistance level at 123 sat, and got rejected. I'm expecting it to come back to 106 and flip the level to be a support. So I'll place 50% of my bids at this level.
Trade Idea 2,
There is a local resistance forming around 114 - 115. If BTC stays stable this might keep hold, if not will go towards retesting. So I'll set my next bid here at 114.
Stop loss
I will place my SL at 102/98 sats respectively, expecting those local resistance to hold in case BTC wants have squeeze.
Take Profit
Based on Fibonacci levels in the chart
This is not financial advice, DYOR.
Risk management is your responsibility.