Back in 2021, Chiliz (
CHZ) delivered a 30x move — climbing from a $130M to $4B market cap in just a month. That move was fueled by strong fundamentals and massive hype around fan tokens.
Fast forward to now — price is sitting at the bottom of a multi-year falling wedge on the 2W timeframe. It just tapped the 0.786 Fibonacci retracement and showed a strong bounce with rising volume — a classic sign of potential reversal.
With solid partnerships, real-world utility, and a historical setup this clean, I’ve started building my position here. If the wedge breaks out, upside targets line up around $0.05 → $0.09 → $0.15 → $0.90 — back toward ATH levels.
Bottom might be in. Watch this closely.
Note: NFa & DYOR
Fast forward to now — price is sitting at the bottom of a multi-year falling wedge on the 2W timeframe. It just tapped the 0.786 Fibonacci retracement and showed a strong bounce with rising volume — a classic sign of potential reversal.
With solid partnerships, real-world utility, and a historical setup this clean, I’ve started building my position here. If the wedge breaks out, upside targets line up around $0.05 → $0.09 → $0.15 → $0.90 — back toward ATH levels.
Bottom might be in. Watch this closely.
Note: NFa & DYOR
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.