CHZUSDT.PS trade ideas
CHZ reclaims RSI support, trend support is next?🚀2 previous attempts to climb back above trend support have been a fail! today we are seeing attempt 3.
do we reject again or do we break past explosive long trigger and start a rally towards .14-.17-.26 🎯
time will tell, boost and follow if this helped :)
ChzUsdtchiliz after pump on worldcup time now after fic can again going up
you can see 1 triangle and 1 bearish channel
ciliz can break trend line and going to top channel and triangle
both break togther this can pump and big move
GL
EntryPoint:
0.1316
0.1109
Supports:
0.0942
0.0824
0.0723
0.0599
0.0471
Resistances:
0.1592
0.1854
Targets:
0.2162
0.2688
0.3550
MidTime:
0.5050
0.6073
0.7917
HODL:
1.2999
2.0612
GL
CHZUSDT Trading opportunityPrice was trading within a downward channel in form of ABCDE waves with majority of the wave legs formed. Currently on the way for the last leg of wave E. Major level to watch is Immediate resistance zone. At this level both downward and upward pressure will be at war.
We should exercise patience to see which direction price tend to follow.
Immediate buy back level was shown on the chart. The idea about this is to have stop loss below the trendline should in case price tend to go down.
CHZUSDT - is the early bounce possible?Arguably the most cited NFT token is finally looking to have made a rounded bottom.
what lies next (statistically)??
Either it's going to make a double bottom, triple bottom or the cup and handle pattern. Every pattern is in ascending order of the probability. The lest probable scenario would be that it continues to fall down, making a downward sine wave amplitude, and then fall even farther.
Well, let's try to make a trade here…
Entry and SL are given in the chart. It's a 1:3 RiskReward trade setup.
let's see if its play out.
**Plz like and share the idea if you concur. Thanks.
CHZUSDTI've been following this channel for a while on Chiliz. After making its second top, I observed that it formed a falling trend. I also created the lower part of the parallel channel by drawing a line at the same angle from the bottom it made after the first peak. It has worked very well so far, I think it will continue like this. My expectation is as in the chart.
CHZ - 06/01 - 2hr Chart UpdateCHZ - 06/01
#CHZ is currently trading in a up trend channel.
After weeks losing it's volume CHZ managed to recovery itself pretty fast, pumping 14.49% in 6 hours.
After a breakout attempt over the resistance zone it retraced to the support zone.
I'd look for a LONG entry if it touches the support zone again or successfully manage to have a breakout confirmation over the resistance zone.
*Candle color depicts volume
#CryptoFutures
$CHZ - Macro scale Elliott Wave analysis. Weekly Log. Bullish count. I do have an alternate bearish count, but both coincide with a bounce, so for now I'll keep it under wraps. I have us having finished w4 with an WXY combo. with w1-2 finished on the 5th wave. The ratios so far are nice. A move (even a wick) below $0.0816 would invalidate this count (making wave 2 go below the start of wave 1).
*Second Chart* Daily chart (still log chart) with subwave counts.