Hey guys, back with a new idea :)
Planning it on a relatively higher TF
>World cup narrative
>Good invalidation point
>low lev, bigger size, wider stop and target
Good feeling this plays out, but will cut prematurely if it starts acting weird
Coming into the 1D support CHR looks good to go for a LONG here.
I have a long at $0.1778 and planning to add more to the long in the coming days.
MY SL will be at the $0.16 closing candle while Targetting to the $0.23 range
REASON
1)DOWNTREND
2)GOOD SUPPLY AND DEMAND
DOWN
1) in a DOWN trend
2) In Breakout
3) High Volatile
#CHZ/USDT 📉 SHORT zone 0.15302
Target: 0.1508 - 0.1488 - 0.1465 - 0.1432 - 0.1400 - 0.1350
StopLoss: 0.1540
Leverage: 20x
trade with your own risk
The Chiliz token, abbreviated CHZ, is a digital currency used on sports and entertainment platforms. It is a utility token that originated on the Ethereum blockchain and has since become the official cryptocurrency of the Socios.com platform.
The primary characteristics of CHZ
1)CHZ is required to participate in Fan Token Offerings and Locker Rooms (the initial...
Trading Signal:
A Trading Signal is seen in the CHZUSDT Chiliz
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.235
⭕️SL: Close Below 0.219
🔵TP1 @ 0.277
🔵TP2 @ 0.339
🔵TP3 @ 0.434
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Potential triangle breakout in CVC USDT.
Buying pressure is repeatedly seen @ support level.
Breakout of the pattern could trigger buying momentum in the crypto. risky players might prefer buying it at current levels with SL below lower trendline
With every passing day burp is testing the lower support and breaking it. If 0.086 doesn't hold we can see easily 0.07 retest. The volume is very low indicating that traders had quit trading on this
