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CHZUSDT.PS trade ideas

CHZUSDT : Can It Overcome Resistance for a Major Rally?💎 Paradisers, #CHZUSDT has formed an inverse head and shoulders pattern, increasing the probability of a bullish move. 💎 The #CHZ is also showing a bullish market structure. If it breaks out above the resistance zone and closes a candle above it, this will validate the inverse head and shoulders pattern and could propel the price towards our resistance levels. 💎 In the case of a pullback, we can expect a bounce from the demand level, but entries here could be riskier. Therefore, it's better to look for A+ setups on lower timeframes for confirmation. 💎 However, if the price closes a candle below the demand level, it will invalidate the pattern and our bullish outlook. In that scenario, it would be better to reassess the market conditions. MyCryptoParadise iFeel the success🌴
Editors' picks
Long
by MyCryptoParadise_Nathan
4
CHZ Buying Frenzy: Seize the Opportunity Now!"Chiliz (CHZ) Coin: The Short Version (for the US) What is it? CHZ is the digital currency that powers Socios.com, a platform where fans can buy Fan Tokens for their favorite sports teams. These Fan Tokens give fans voting rights on certain team decisions (like jersey designs or stadium music). CHZ is like the platform's internal currency: you need it to buy Fan Tokens. Recent News CHZ price is up slightly today (around 1%). The market capitalization of CHZ is over $1.2 billion, making it a fairly sizeable cryptocurrency. Important Disclaimer I am not a financial advisor and this is not financial advice. Cryptocurrencies are volatile and risky investments. Do your own research before you buy any crypto.
Long
by MoonTradingForecast
CHZ/USDT Triangle Teases Explosive Move - Get Ready!💎 Paradisers, take a moment to observe CHZ/USDT. On the 1-hour chart, it's sketching out a triangle pattern. Currently, it's hovering beneath the resistance and demand zone ranging from 0.0766 to 0.0755. Notably, the resistance is reinforced by the 200 EMA, which could exert downward pressure on the price. Extended consolidation often leads to a more pronounced move in the eventual breakout or breakdown direction. This is because during such phases, retail traders often accumulate positions and overtrade, placing their stop losses close to the resistance and demand zones. This dynamic can amplify the move post-breakout or breakdown. 💎 If CHZ/USDT manages to surge past the 0.0766 resistance, we might set our sights on targets at 0.0771 and further to 0.0780. On the flip side, a bearish scenario would require a breach below the 0.0755 demand zone. Should this level be compromised, we could anticipate a move towards the next demand zone at 0.0745. Stay vigilant and strategize wisely, ParadiseSquad!
by MyCryptoParadise_Nathan
💡Don't miss the great buy opportunity in CHZUSD @Chiliz Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.2140). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHZUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 58 Take Profits: TP1= @ 0.2331 TP2= @ 0.2654 TP3= @ 0.2878 TP4= @ 0.3129 TP5= @ 0.3310 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
2
Chiliz (CHZ) Price Prediction 2022Chiliz (CHZ) Price Prediction 2022 Chiliz (CHZ) holds the 73rd position on CoinGecko right now. CHZ price prediction 2022 is explained below with a daily time frame. A descending channel is a chart pattern formed from two downward trendlines drawn above and below a price representing resistance and support levels. The descending channel pattern is also known as a falling channel or channel down. The upper line is identified first, as running along with the highs and is called the trendline. When the price is around the upper trend line, look for short opportunities, although aggressive traders could trade long and short at both trend lines looking for a bounce or pullback. Another way to trade this pattern is to wait for the price to break through either trendline. Descending channels, like ascending channels, are a tool for determining whether the trend in price will continue. Currently, Chiliz (CHZ) is at $0.139570. If the pattern continues, the price of CHZ might reach the resistance level of $0.1546, $0.2980, and $0.6129. If the trend reverses, then the price of CHZ may fall to $0.0827 Chiliz (CHZ) Support and Resistance Levels Resistance Level 1 $0.1335 Resistance Level 2 $0.1870 Resistance Level 3 $0.2398 Resistance Level 4 $0.3314 Support Level 1 $0.1335 Support Level 2 $0.0809 The charts show that CHZ has performed a bullish trend over the past month. If this trend continues, CHZ might run along with the bulls overtaking its resistance level at $0.3314. Accordingly, if the investors turn against the crypto, the price of the CHZ might plummet to almost $0.0809, a bearish signal.
Long
by TheNewsCrypto
2
💡Don't miss the great buy opportunity in CHZUSD @Chiliz Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.1667). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHZUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 79. Take Profits: TP1= @ 0.2150 TP2= @ 0.2589 TP3= @ 0.3016 TP4= @ 0.3565 TP5= @ 0.4139 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
1
CHZ looks bullish short term, 50%+ Growth Potential!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 sale of Fan Tokens). 2)Fan Tokens' goal is to be fan-centric, allowing viewers to become active contributors to their favourite sports teams. Price analysis: From the $0.16 bottom support, the Chiliz (CHZ) recovery rally has gained 45 percent. During the rally, the bulls broke through two significant resistance levels of $0.198 and $0.24. Bullish Scenario: CHZ is trading above the $0.21 support level. If it remains above this zone and the $0.27 resistance level is broken, we could see a move towards $0.31, $0.36 and $$0.42. Bearish Scenario: Since a few weeks, CHZ has been in a downtrend channel on a higher time like daily, weekly, monthly so we are not out of the bearish territory completely and failure to hold the support at $0.21 could lead to a drop to $0.15, $0.08, and lower.
Long
by AltcoinBuzzTrading
💡Don't miss the great buy opportunity in CHZUSD @Chiliz Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.2072). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CHZUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 59 Take Profits: TP1= @ 0.2371 TP2= @ 0.2586 TP3= @ 0.2802 TP4= @ 0.3000 TP5= @ 0.3266 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
3