CHZUSDT trade ideas
Chiliz CHZ price is "resurrecting" “Someone” finally started to show interest in #CHZ and "resurrecting" its price.
The #CHZUSDT price moves “differently” from the CRYPTOCAP:BTC price. It is worth at least taking the asset on a pencil and keeping an eye on it.
A positive scenario is a correction to 0.13 and continued growth
A less positive scenario is a correction to 0.10
Growth in both scenarios is possible up to $0.22, and if you are lucky, up to $0.50)
CHZ/USDT (Chiliz) : 50% Growth Amid Bitcoin Corrections (READ)By examining the #Chiliz cryptocurrency chart on the weekly (logarithmic) timeframe, we observe that the price has experienced an impressive 50% growth since five weeks ago when we introduced it for further analysis in long-term investment. Despite the corrective state of Bitcoin, Chiliz is currently undergoing a pump! I hope you find this analysis useful. The next targets are as follows: $0.16890, $0.215, $0.297, and $0.39360.
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
EURO & Olympic games are close / CHILIZ can reach $0.3 level! BINANCE:CHZUSDT
COINBASE:CHZUSD
Hello Traders
Chiliz is one of my suggestions for the altcoin market.
You can clearly see long-term accumulation of the price and the break in pitch-fork structure strictly.
Highly potential for the alt rally season.
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
As the Olympics and Euro games approach, the demand for betting on matches and sports tokens will increase.
prision breakWe are witnessing an exit from the solid green compression pattern...
If the upward movement continues and
" especially the strong break of the red resistance ",
it can touch much higher targets.
You can see the interesting results of leaving the blue pattern.
wait & watch break of red line.
$CHZ is now testing the historical and greatest resistance#chz #chiliz price has proven strengh over months and now testing the top of the long term channel and retesting the long term trendline. Breaking the channel out with a succesfull retest will proceed the price movement upside in mid / long term. Not financial advice.
CHZ: Ascending Triangle BreakoutTrade setup : Price is in an uptrend. Bullish breakout from Ascending Triangle , above $0.13, signals resumption of uptrend with +20% upside to $0.155. Chiliz is a digital currency for sports and entertainment, powering the world’s first blockchain-based fan engagement & rewards platform Socios.com.
Pattern : Ascending Triangle which is a continuation pattern (it typically breaks out in the direction of existing trend). Most traders wait for a breakout but Swing traders could trade between the trendlines (Buy at Support, Sell at Resistance) as long as the trendlines are still relatively far apart. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Strong Up, Medium-term trend is Up and Long-term trend is Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.10, then $0.07. Nearest Resistance Zone is $0.17, then $13.00.
Chiliz heating up for EURO 2024BINANCE:CHZUSDT correction lasts since March 2021 and potentially may end around here. Not yet, but within nearest month it will be clear. While dips to 2022 close are possible, breakout of upper trendline should give a nice impulse that should cut off stops above 2023 high and re-test bear order block at 0.23-0.27 zone - that is approximately 150% from ~0.1
Long signal for CHZ/USDTThis technical analysis is based on the daily chart of BINANCE:CHZUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated.
Price Channel Analysis:
The price is currently within a price channel ranging from 0.10954 to 0.14063 USDT.
The suggested entry point is around 0.11937 USDT.
Entry and Exit Points:
Entry: 0.11937 USDT
Take Profit: 0.14063 USDT
Stop Loss: 0.10954 USDT
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 2.09, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
Trading may begin depending on support around 0.1160Hello traders!
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(CHZUSDT 1D chart)
The M-Signal indicator on the 1M, 1W, and 1D charts is passing around 0.11610-0.12080.
Accordingly, you can start trading around 0.11610-0.12080, depending on whether there is support or not.
If supported and rises,
1st: 0.13773-0.15581
2nd: 0.20790
You need to check for support around the first and second rounds above.
If the price rises above 0.20790 and holds, it is expected to break out of the bottom range in the long term.
Therefore, if it rises above 0.20790, it is expected to surge.
If it falls due to resistance near 0.11610, you should check for support around 0.08631 or the HA-Low indicator.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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Chiliz - UEFA 2024Chiliz is THE fan token Chain for Football and this year we have EM 2024 in Germany.
The event will last from 17.6. to 17.7.2024
Big fan clubs are already tokenholders and with more then 2 Million users it's the biggest in sports game.
I prepare for the event and IMO holding till around a 4 fold.
Chiliz / TetherUSRespectfully and greetings to all dear traders,
today I have presented an analysis of the digital currency Chiliz for you. In the weekly analysis, it can be seen that this currency has shown strong bullish signs. However, in the daily timeframe, a corrective CHoCH is observed, which is likely for liquidity extraction in the order block (extremum). This could potentially guide the currency towards a stronger upward trend and bring significant profits for you.
Therefore, in the daily analysis, we are in a downward trend to reach the desired price for buyers of this currency. If there are any ambiguities, please leave a comment so that I can provide further explanations. The chart of this analysis is very simple and understandable. With respect.
#Smart money concept
#Liquidity
#Hunter
Chzusdt Trading opportunityWe've identified a possible rising channel in CHZUSDT, where the price recently encountered the upper trendline before facing rejection. This led to the formation of a temporary downtrend channel, labeled as abcde, which tested the bottom trendline.
The subsequent bounce near the bottom trendline suggests a potential continuation of the rising channel.
Targets have been set along the channel zone, ranging from immediate to mid-term levels, with a final setup target. To manage risk, it's advisable to consider the important support level as a stop-loss zone. Long positions should be closed if the price falls below this level.
Your feedback and insights on our analysis will be appreciated.
$CHZ #Chiliz Trading IdeaCHZ/USD (Chiliz) formed a SPICY Rising Wedge Pattern and also many other Altcoins formed a bearish market structure. There is a probability of seeing a downside movement again. If it plays out, my target would be $0.09311 for the previous daily support zone. It’s time to turn on my red candles again to feel that bearish vibe lol.
CHZ, preparing for its second bull runCHZ/USDT (Chiliz)
Sector: Layer 1, Sports
Market Cap: $1.15B
Chiliz is one of the most popular blockchain for sports-related projects, with the official Fan Tokens of many soccer clubs hosted on the Chiliz Chain.
Its token, the CHZ, attracted many investors in the last cycle and established a remarkable performance.
Although its price currently stands at -85% of its ATH, we can observe an accumulation and the formation of a potential reversal structure, as well as a long-term compression structure between a downtrend line in effect from the ATH and an uptrend line acting as a support from the bottom established in October 2023.
We're surely still in a very good buying zone, with a first sales target around $0.3, and the possibility of a trend continuation if we form a bullish structure around this level, with sales targets much higher.
CHZ - Bullish on Weekly Chart#CHZ/USDT #Analysis
Description
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+ Looking at the weekly chart, CHZ is displaying a distinct breakout from the channel, indicating an overall bullish signal.
+ Examining the higher timeframe reinforces this bullish sentiment.
+ On the lower timeframe, we might anticipate a price pullback, presenting a favorable opportunity to improve our entry price through averaging.
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VectorAlgo Trade Details
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Entry Price: 0.12756
Stop Loss: 0.04482
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Target 1: 0.16175
Target 2: 0.24233
Target 3: 0.35612
Target 4: 0.46627
Target 5: 0.90295
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
💎 CHILIZ (CHZ) - Investment Opportunity (READ THE CAPTION)Upon reviewing the #CHZ cryptocurrency chart on a weekly (logarithmic) timeframe, we observe that the price, after a correction down to $0.10270, has once again encountered demand pressure and has managed to grow to $0.13130 up to this moment. The yield of this analysis has been over 30% so far and remains valid! The next targets, in order, are $0.16890, $0.215, $0.297, and $0.39360! The expected long-term yield of this cryptocurrency is over 250%!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban