Hi dear friends, hope you are well and welcome to the new trade setup of Chiliz (CHZ) with US Dollar pair.
Previously I shared a long-term trade plan for CHZ , which is still in play as below:
Now on a daily time frame, CHZ is about to complete the final leg of the bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to...
This is the Chiliz (CHZ) logarithmic channel. Support for this downtrend has been added to the chart. The top channel is a sell area of peaks. I want to add that this is a great project and in looking into it you will find a lot of potential as crypto begins to go mainstream. I don't know if I have come across many projects in the past like Chiliz where they have...
As i said in the title. We are forming a Cup with our new handle.
New all time high willbe reached.. i expect this to happen mostly in 3 weeks, as we see today a big correction in bitcoin.
Before talking about any cryptoactive or altscoins, you have to know the state of the Bitcoin cycle, because the entire market depends on its behavior. Doing a brief technical analysis we can see that Bitcoin is currently trying to recover from a correction of -55.89% counting from its ATH: 64,895.22 USD to its ATL: 28,600.00 USD (using BITSTAMP as a reference...
Looks like CHZ is consolidating and getting ready to break the $1 barrier, which should lead the push onto 1.50 and $2 relatively quickly.
Very solid project that will be partnering with UFC, and National sports teams in America. This is going to be huge!
My favorite formation. both together. Candlestick chart stuck in a triangle and cup handle formation ready to form. I think there will be an increase as much as the initial height of the triangle, the room corresponds to an increase of around 50%. The daily volumes formed within the triangle (since July 27) are higher than the old volumes. There aren't from the...
Chiliz (CHZ) with Bitcoin pair is forming bullish BAT pattern and expected to enter in bullish potential reversal zone soon.
Lets have a look on the Chiliz (CHZ) price action's move:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection...
Priceline of Chiliz / Bitcoin cryptocurrency is forming bullish Butterfly pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000155 to 0.00000139
Sell between: 0.00000168 to...
