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CHZUSDT trade ideas

CHZUSDT: Bullish Gartley Pattern on 2H ChartHello traders, I have spotted a bullish Gartley pattern on the 2H chart of CHZUSDT. This is a harmonic pattern that indicates a potential reversal of the downtrend. Pattern Details The Gartley pattern consists of five points: X, A, B, C, and D. The points must conform to specific Fibonacci ratios. The pattern is valid if the following conditions are met: Point B is a 61.8% retracement of XA Point C is a 38.2% retracement of AB Point D is a 78.6% retracement of XC Point D is also a 127.2% extension of AB As you can see, CHZUSDT meets all these criteria, forming a complete Gartley pattern. Conclusion The Gartley pattern is a reliable harmonic pattern that can help us identify reversal opportunities in the market. CHZUSDT has formed a bullish Gartley pattern on the 2H chart, suggesting a possible end of the downtrend. We can look for buy signals in the PRZ and aim for the Fibonacci retracement levels of AD as our profit targets. I hope you found this idea useful. Please like, comment, and follow for more updates. Happy trading!
Long
by FudoCava1978
2
CHZ is a fan token that has the potential to... 🔸 First, take note of the broader context; we are potentially at the bottom and starting to bend upwards. There is a great potential for growth, and I have set two targets, with the possibility of adding more along the way. The coin is ideally suited for spot trading. 🔸 Chz is a fan token upon which well-known teams base their own coins. It's important to emphasize that these are specifically top-tier clubs, which is crucial. Currently, chz ranks 60th in terms of market capitalization and 30th in terms of daily volume. This indicates an impending movement, especially with the Champions League approaching, as fan tokens tend to be active during games. 🔸 Pay attention to the volume; it's substantial and based on the chart, it's not indicative of selling pressure. 🔸 A local uptrend has formed, as indicated by the EMA 50/100/200, with prices trading strictly above them. Chiliz is a good option to hold until the halving. Colleagues, these are all my own ideas and insights, which may not align with yours. Remember that every trader is unique, so always conduct your own analysis before making any trades. I try to explain my logic in simple terms to help you understand the market. However, keep in mind that I have my own secrets that I don't fully disclose. If you like my content, subscribe, like, and leave comments. Your feedback is important to me.
Long
by Crypto_eXpert_
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
Mock Up Price Action for CHZ | Mid-Long Term (12HR)Mock Up Price Action for BINANCE:CHZUSDT | Mid-Long Term (12HR) - Monitoring coins looking for market correction dip price support levels to buy in at and accumulate for longer term Personal Approach & Base Chart Setup - Stacked Parallel Channels for Grid of Confluence Points - High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles - Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements - Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade - I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news Additional Remarks - Glad to see this one finally waking up. Definitely lagging behind the rest of the market.
Long
by Trevictus
📊Where is the ideal TP zone for #CHZ❓🧠As the Asian Cup continues, related tokens have also entered a wave of popularity. ➡️From the perspective of wave theory, the third wave is currently being completed. ➡️From a graphical structure point of view, we started the rise with the smiling face bullish structure as the supporting force. The current rise is very strong, and the ideal target area is 0.13762-0.16358, so it is worth paying attention to. Let’s see 👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
3
🚧CHZUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi. Chiliz token showing a bullish flag pattern and Head&Shoulder, and also testing descending resistance🧐 Breakout above could spark large upside move up to the $0.55 resistance zone🎯 ❗ Note that if the Bullish Flag is broken down with the power of descending candles, our analysis will fail. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
5