CHZUSDT
CHZ below weekly channel#CHZ/USDT
$CHZ is below the middle line of a huge descending channel.
also, price is still above support zone which is shaped by 2 previous lows.
🐮if price holds this support and succeeds to break out from middle line of channel we can be hopeful that price continue the strong rally toward upper lone of channel.
🐻 and if price break down from support zone, next suopprt is between $0.13 and $0.11.
CHZUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for CHZUSDT
In this chart we have R2 as the resistance area that contains the unsuccessful attempts of the price to rise. R1 used to be a support line and S1 is our support area which expresses the support of the price since the past. Hence, we have the price fluctuating below R1 and by reaching this line, we should wait for some rising signs and then we consider an increase for it up to R2. But in case the price loses the support at R1, it will face a decline (this in not so probable at the moment).
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CHZUSDT DAfter reaching the base of the channel on the daily chart, CHZUSDT prepares for a Pullback after touching the $0.1836 region and the last current candle is being engulfed by the previous candle, I believe that if you don't lose $0.1836, go get the 0.2482 located in the upper band of the Keltner channel.
Chiliz CHZ below $0.24 in the huge flag - what next?Chiliz CHZ below $0.24 in the huge flag - what next?
If price gets above this volume profile resistance next target would be $0.48
Maybe more likely a move to the lower flag border at $0.06 - a hidden bearish divergence is concerning
Overall a huge flag with bullish chart outlook on long-term
Comments & FOLLOW appreciated 🤗
*not financial advice
do your own research before investing
CHZ/USDT Elliott Wave count 4H TFChiliz into an ABC correction after a leading diagonal impulse to the downside.
I entered long here with targets into the box. I will update TP after I see more price action, but I am expecting to hit 0.5 or 0.618 fib retracement of the impulse.
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