By checking the #Chiliz (CHZ) cryptocurrency chart in the weekly time frame (logarithmic), we can see that the price after the correction that had to a demand range of $0.074 to $0.092 was accompanied by a relative demand and is currently trading in the range of $0.107 If the price can maintain this support , we can witness another attractive growth of this...
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CHZUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
#CHZ
The price is moving in a head and shoulders pattern on a 1-hour frame and is adhering to it well, and we are now in the formation of the right shoulder.
After bouncing from a major support area in green at the 0.0900 level, which is a very strong area
We have an upward trend to touch the Moving Average 100 at the third target
We have an uptrend on the RSI...
CHZUSDT has been on my accumulation for a long time now
expecting some good return in short/mid term as well looking at the bigger picture it should produce some great ROE.
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...
Chiliz is showing strong potential for the next upward movement! Currently in a consolidation phase following the breakout of the diagonal trend line, there's a prime opportunity to acquire positions before potential gains to the range of 27 to 30 cents, offering significant profit potential.
Identify your entry point, accumulate your position, and await the...
We 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.
Chiliz 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.
I have already published an analysis where we caught the F wave from the bottom and got great gains which you can find in related ideas.
Now I published an update from CHZ, which is the same update as the previous analysis. It is expected that the G wave will end on the green box and we will enter the next bullish wave.
By maintaining the green range, it can...
Bullish scenario
Resistances 0.163, 0.21 W pattern, 0.267 upper limit channel & horizontal
Bearish scenario
Support 0.134 in 50 ema, 0.12 pivot low, 0.107 in 200 ema
We'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...
