$CHZ/USDT 4h (#BinanceFutures) inverted Head and Shoulders break
Chiliz broke-out and retested the small broadening wedge then regained 50MA support.
Looks good for bullish continuation, let's catch it on a pull-back towards the iHnS neckline!
Current Price= 0.18333
Buy Entry= 0.17764 - 0.17066
Take Profit= 0.19466 | 0.21031 | 0.23172
Stop Loss= 0.15768
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.5
Expected Profit= +23.56% | +41.52% | +66.12%
Possible Loss= -18.92%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #CHZ #CHZUSDT #Socios #FanToken #Sport #eSport #CEx #BC #NFT #Payment
Websites: chiliz.com chiliz.net socios.com
Contracts:
#ChilizChain CHZ-ED
#ERC20 0x3506424f91fd33084466f402d5d97f05f8e3b4af
#BEP2 CHZ-ECD
Looks good for bullish continuation, let's catch it on a pull-back towards the iHnS neckline!
Current Price= 0.18333
Buy Entry= 0.17764 - 0.17066
Take Profit= 0.19466 | 0.21031 | 0.23172
Stop Loss= 0.15768
Risk/Reward= 1:1.25 | 1:2.2 | 1:3.5
Expected Profit= +23.56% | +41.52% | +66.12%
Possible Loss= -18.92%
Fib. Retracement= 0.559 | 0.702 | 0.883
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
Tags: #CHZ #CHZUSDT #Socios #FanToken #Sport #eSport #CEx #BC #NFT #Payment
Websites: chiliz.com chiliz.net socios.com
Contracts:
#ChilizChain CHZ-ED
#ERC20 0x3506424f91fd33084466f402d5d97f05f8e3b4af
#BEP2 CHZ-ECD
Note
TP1 would have been reached with up to +32.66% (2x)Chiliz pushed higher but entry was missed, we'll stick to that set-up since a pullback could let us in.
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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.