CHZUST trade ideas
Alikze โ #CHZ | Ready for a new rallyIn the daily time and 4H, it has moved a full upward cycle, which now seems to be preparing for the start of an attractive rally after the 3-fold correction. Therefore, a new floor should not be built.
โ ๏ธNote: If the sub-zone of 97 cents stabilizes, the transaction will be reversed and an alternative scenario must be defined for it, and this scenario will be invalid.
๐ฉSup: 0.97
โณ๏ธTp 1:0.11290 ~ 0.11590
โณ๏ธ Tp2 : 0.12800 ~ 0.13420
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CHZUSDT 3D#CHZ has broke out the neckline of rounding bottom and descending line on 3-days chart. EMA200 is acting like a good support. Expecting pull back from there. Targets are:
$0.14658 $0.17530 $0.20402 $0.24491 and $0.29565
Use stop loss, Bitcoin can ruin the party at every moment. $50625 is key level for BTC
$CHZ Huge Bullish PatternHuge long-term pattern on CHZ
CHZ is above the prices from 2020. That is a good indication because many projects went way below.
This represent strength and confidence in the project. Also closed many Weekly candles above the 50 EMA, and its trading above it for 5 weeks now.
๐ฅ CHZ Massive Bull-Flag About To Break Out!After a massive ~250x during 2020-2021, CHZ has been slowing declining in value and lost nearly 95% of its gains at some point. During this low-volatility period, a huge bull-flag has appeared on the chart.
With BTC breaking to multi year highs, CHZ had to follow at some point. I'm aiming for a breakout of the pattern with a target of around 1$. By keeping our stop close we can create a very decent R/R of around 25.
#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.
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CHZ/USDT 1W |๐The project is ambitious and full of promise. I anticipate substantial developments happening this year.
I'm holding onto my current investments! Therefore, we wait and watch... Buying long-term positions in the altcoin during downturns at better prices seems sensible, as such opportunities might not come around again.
- Not financial advice, trade with caution.
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Stay updated on market news and developments that may influence the price of Chiliz. Positive or negative news can significantly impact the cryptocurrency's value.
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Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
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Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Chiliz #Investment #CHZ
CHZ/USDT Bullish Rebound from Key Support?๐Chiliz Analysis๐ Paradisers, let's zero in on #CHZUSDT, currently showcasing a promising pattern as it retests its major support, hinting at a potential bullish upswing.
๐ Looking back, #CHILIZ has aligned with our previous forecasts, touching the resistance near $0.12. Now, we're setting our sights on a likely bullish phase for CHZUSDT, starting from the support retest at $0.09689.
๐ As strategic traders, we consider all possible outcomes. Should #CHZ struggle to sustain its momentum at this critical support level, we're eyeing a bullish recovery from a lower support at $0.07072. However, a break below this level might trigger a notable decline.