CHZUSDT: AB=CD Pattern (Bullish Trend)CHZ is moving in sideways, and currently its forming AB=CD Pattern, for the confirmation of the Bullish Trend, We will wait for the break of the previous HHs to take a long trade.
CHZUST trade ideas
Chiliz, CHZ, golden pocket sets 35x target $2.80for this one I've used only this last wave to measure the fibs. it gives a lower target than the full low to high but is you can see this is the algos range by how they reacted in the golden pocket. still 35x aint too shabby.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $.055 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $.076
Stop: $.059
Resistance: $.26 - order block + bear golden pocket.
Target: $2.80
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
CHZ is wildHere is another on watchlist like RUNE. CHZ's horrifying, yet very interesting macro downtrend could be tested again. And if it breaks, I'll be more interested. It has some nice macro reversal signs.
chz longTo more accurately predict the price of Chiles (CHZ) from the chart, you can pay attention to the following factors to determine how far the price may go:
1. Completing the pattern AB=CD:
According to the AB=CD pattern drawn on the chart, the price can move from point C (near the 0.618 Fibonacci level) to point D.
If the pattern is complete, the price gap between points A and B will usually be equal to the distance between C and D. This means, if we measure the amount of movement of AB, the same amount from point C upwards can reach point D.
This point D is likely to be near the $0.080 level or slightly below ($0.078), which could be a potential target for a short-term upside.
2. Resistance level in the range of 0.070 - 0.080 dollars:
Given the red resistance area on the chart, the price is expected to face selling pressure in the $0.070-$0.080 range.
If the trading volume increases while reaching this range, the chances of crossing this resistance and continuing the growth will increase. But if the price meets resistance and volume decreases, it may bounce back.
3. Technical indicators (RSI and MACD):
If the RSI approaches the 70 range in the 4-hour timeframe, it indicates overbought and the price may correct in the resistance range.
A positive divergence in the MACD or a continuation of the bullish trend in this indicator could be further confirmation for continued growth towards $0.080.
Summary and price target:
If the price can break above $0.070 and break the resistance of $0.080 to the upside, there is a possibility of further growth and reaching the level of $0.090. But for the short-term, the $0.080 level could be the main target for the current upside.
If the price faces strong resistance at $0.070 to $0.080 and fails to break this level, there is a possibility of a return and correction to the $0.060 level.
chz looks good to longAfter another low, a divergence was created and in response to the divergence, the rise was confirmed, and now it is clear that we are in an ascending channel of the flag.
chz longchz must be bulish
rsi div is ok and above 50
bullish Bat Pattern is done
bearish trendis coming to break out
Chiliz (CHZUSDT) Analysis: Exciting Buying Opportunity!Hello everyone! ✌️ Today, we’re taking a closer look at Chiliz (CHZ). In the weekly timeframe, we’re seeing signs that the wave 4 correction is coming to an end, and it looks like this cryptocurrency is gearing up for wave 5 soon.
Chiliz has captured significant attention due to its applications in the sports and entertainment sectors. Currently, an ending pattern is forming on the Chiliz chart, indicating the potential for a strong upward movement. If the trendline of this pattern breaks upward and the price surpasses the resistance at 0.17 cents, we could witness the start of wave 5.
Target Levels:
Target 1: $1.3 (a whopping 670% profit!)
Target 2: $4.3, if the market continues to move with strength and high liquidity.
These numbers suggest that Chiliz could be a fantastic buying opportunity for investors. However, keep in mind that every investment comes with risks.
If you’re looking for a good entry point into the market, Chiliz is definitely worth considering. 🎯
Important Note: Always invest with caution and knowledge. I hope this analysis helps you make better decisions and seize the opportunities available. Wishing you all the best! 🌟
CHZ TO LONGThe butterfly pattern and on the other hand being in the base of the bullish channel tells us to buy CHZ again.
#CHZ/USDT is rejecting from the Diagonal Trendline in 1-Hour TF!#CHZ/USDT is rejecting from the Diagonal Trendline in 1-Hour TF!
GETTEX:CHZ needs to break the trendline to turn bullish. In case of BO/retest open a long position. The local resistance level is PMH $0.7143 and the support level is PWL $0.5795.
CHZUSDT: Bullish Trend CHZUSDT is moving in down trend and currently CHZ is touch the support area, and also formed Bullish Divergence on 1hr time frame. So we will wait wait for the break of the previous LHs for the confirmation of the Bullish trend to take a long trade.
Chz is bullish againAfter breakthrough the channel retest then 0.088 is the next target !
Keep watching
CHZ in a Multi-Year Winter: Awaiting a Break for Wave 3 of 1CHZ looks like it’s deep into a multi-year correction as part of Wave 2 of the higher degree trend. The flameout in Wave 5 of 1 resulted in the current, drawn-out consolidation. This extended correction could be unfolding as a WXYXZ or a very elongated ABC pattern, reflecting the market’s need to churn and reset after the huge rally.
For now, volume remains low, suggesting the slow bleed may continue for some time longer. However, if we see a significant increase in volume, combined with a break of the upper trendline, this could signal the start of Wave 3 of 1, setting the stage for a strong impulse move upward.
Until then, patience is key, as the consolidation phase persists. But when the conditions align, CHZ could be primed for a major breakout.
CHZThe CHZ coin chart shows a strong support level in the $0.072 - $0.074 zone. After a potential bounce from this zone, gradual price growth is expected with possible resistance levels.
The current situation indicates a potential bounce from the blue support zone. If the coin continues its upward movement, key resistance levels could be:
$0.0755 (+2.33%)
$0.0760 (+4.01%)
$0.0766 (+5.72%)
Chiliz (CHZ) 100x Bull flag?Yes, 10,000%.
On the above 12 day chart price action has corrected over 60% since March. A number of reasons now exist for a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support confirmation. Orange arrows. This is called a double bottom.
3) Trend reversal. A higher high has now printed just like the one before it in August 2020 on this time frame.
4) Hook reversal pattern, look left! Students, you know why this is important?
5) The bull flag. Confluence is paramount when drawing flag patterns. I see so many poorly drawn flags on tradingview ideas. Confluence refers to the number of times price action touches the boundaries of a channel. The more times this happens the more significant the channel for use in forecasts. A repeat for the 2020 impulsive wave takes price action to the $5 area or 100x.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: all in. You decide.
Timeframe for long: This month
Return: 80 - 100x
The on_chain data shows that chz is about to dropBINANCE:CHZUSDT
The asset is currently trading near its resistance level, indicating potential selling pressure. Additionally, the RSI has reached a saturation point, suggesting that it may be overbought. Divergence between price and RSI is also observed, further supporting a potential reversal. On-chain data shows a higher inflow of funds to exchanges than outflows, reinforcing the selling pressure.
The on_chain data shows that chz is about to dropBINANCE:CHZUSDT
The asset is currently trading near its resistance level, indicating potential selling pressure. Additionally, the RSI has reached a saturation point, suggesting that it may be overbought. Divergence between price and RSI is also observed, further supporting a potential reversal. On-chain data shows a higher inflow of funds to exchanges than outflows, reinforcing the selling pressure.
CHZ USDTAfter a breakout from the resistance zone blue at $0.0759 - $0.0791 we could see some bullish moves and the targets are marked on the chart.
Briefing: CHZ/USDT Asset AnalysisPotential Appreciation:
The CHZ/USDT asset is moving from the $0.06 range and has the potential to reach $0.11 by the 15th, which represents an approximate 83% appreciation.
Strengths:
Growing adoption: Chiliz is gaining traction in the sports and entertainment sectors, especially through partnerships with major clubs and leagues.
Ongoing development: The Chiliz platform is constantly evolving, with new fan engagement tokens and features being introduced.
Market sentiment: Increased trading volume suggests that the asset is attracting more investor interest.
Critical Points:
Volatility: Like other cryptocurrencies, CHZ is highly volatile, which can lead to rapid fluctuations.
Competition: Other tokens focused on sports engagement may affect its market share.
Correction: If it fails to break resistance near $0.08, there could be a correction before resuming the upward trend.
This analysis is based on current data, focusing on potential short-term appreciation.
CHZ is comingLately we’ve seen BINANCE:CHZUSDT drops a lot and had a small ups and downs but I think this is the time to it for new upward movement, by breaking fibo and re-test we might see above 0.08$ for short term and 0.15$ in long term investment
Stay tuned
CHZUSDTCHZ ~ 1W ✅
#CHZ If you have Conviction on this coin,. You need to wait for this descending channel to be successfully broken out to start buying gradually.
Do you believe in football and crypto enough?Chiliz (CHZ) is one of my favourite coins which I choose to invest in. I like this project because they are the best when it comes to connection between football and crypto.. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3 and 4 very soon, that could be year(s). I will sell most of my capital on targets 2 and 3. Small portion will be sold on Target 1 and 4.
Entry Zone: 0.14 – 0.21
Buy Zone 1: 0.047 – 0.86
Target 1: 0.55 – 0.65 (154%)
Target 2: 0.90 – 0.99 (313%)
Target 3: 1.31 – 1.38 (500%)
Target 4: 1.69 – 1.77 (673%)
CHZ/USDTMaking it clear, a continuation is expected on #CHZ/USDT as it break a resistance and looking firm, few short target are on chart. we watch together though, NFA.
Buy Trade Idea for CHZ (Chiliz)Description
Chiliz (CHZ) is a leading cryptocurrency in the world of sports and entertainment, designed to revolutionize fan engagement through blockchain technology. Here are the key fundamentals supporting a buy trade for CHZ:
- **Pioneering Fan Token Ecosystem:** Chiliz powers the Socios.com platform, which allows sports teams and entertainment brands to create fan tokens. These tokens enable fans to participate in team decisions, access exclusive content, and earn rewards, enhancing fan loyalty and engagement.
- **Growing Adoption by Major Sports Organizations:** Chiliz has secured partnerships with top-tier football clubs, esports teams, and other global sports organizations, driving demand for CHZ as more fans and teams join the ecosystem.
- **Expanding Use Cases:** Beyond sports, Chiliz is expanding into new areas of entertainment, offering a wide range of opportunities for fan interaction, including voting, VIP experiences, and direct communication with teams or artists.
- **Strong Community and Market Presence:** With a robust user base and ongoing marketing efforts, CHZ is solidifying its place as the go-to token for fan engagement, making it a strong candidate for long-term growth in the blockchain space.
Considering these fundamentals, CHZ presents a compelling buy opportunity for investors looking to capitalize on its expanding role in the sports and entertainment industries.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and may result in substantial losses. This content is for informational purposes only and should not be construed as financial advice. Cryptocurrencies are highly volatile and subject to various market factors. Conduct thorough research, evaluate your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the market environment can change rapidly.
