CHZ
🔥 CHZ Symmetrical Triangle Break-OutCHZ has seen a tremendous increase in value over the last few weeks. This week, CHZ needed to cool off a little by shedding off some previous gains. During this period, the price has formed a nice triangle for us to trade. Recently, the price broke out of said triangle. The break-out combined with this morning's price action makes me believe we will see more bullish price action for CHZ in the near future.
Happy trading!
CHZUSDT $1.00 soon!CHZUSDT (1H CHART) Technical Analysis Update
Falling Wedge
CHZ/USDT currently trading at $0.59
Long Entry-level: $0.54 to $0.60
Stop loss: below $ 0.46
Target 1: $0.75
Target 2: $0.88
Target 3: $1.00
Target 3: $1.25
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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CHZ/USDT BINANCE (FALSE BREAKOUT) DODGE THE BULLTRAP
I added this chart many days ago but I'm daily updating it according the new events. As I expected we reach my first buy zone, if you took congrats, but as i marked was possible a pullback, since the bearish power is stronger (Check DMI/ADX) still red in 4h and Daily timeframe. I knew no matter how many "pumps" would announce wouldn't be enough, also according bitcoin movement it's hard a big bullrun without BTC.
Updated: Added the bulltrap region, where you can expect pumps and dumps.
Also another possible bulltrap zone behind the first. Should put an eye.
-Buy zone:
1- 0.49-0.50
2. 0.20 - 0.29
What I wish:
1. 0.18 : This will only happen if btc goes to the lowest point of the cycle. Might an event like Gemini cash outflow or miners outflow would take an action here.
I also made a forecast of how it would go. I wish a $1.28 as new ATH but the most probably thing is a max 0.9$ after the reversal movement.
CHZ, Buy and kill your deposit. Our deal is closedWe bought this type of junk, like many other altcoins, around the New Year. It was the best time to buy Altcoins.
But now the right time to close the Altcoin positions, they have already given a possible profit.
A lot of people want to buy Altcoins now since altcoins are growing. But the problem is they have already grown up. And maybe they will grow up a little more, but there is a great risk that they will fall.
We don't like to risk our money, we love to earn them. Please pay special attention to the risk/reward ratio and do not risk your money if it is not worth it, it is dangerous to do so now.
If we said that it is better not to buy an Altcoin, it is only because the risk is higher than the profit you can earn.
And of course, you may or may not be lucky. This is called gambling, not trading.
CHZ: The Current Most Important TrendlineGood day to all profit makers!
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- TA of CHZ 1H timeframe if we break below the current trendline, we could see much lower levels, else we could see a nice uptrend
- Consult the chart for more information.
- Note:
- This is just my current idea.
- I am not a financial advisor! and this is not financial advice
- There is always a huge chance of different patterns taking shape in these ever-changing charts.
- My views and charts can and most probably will change!
- I can be 1000% wrong!
- Trade responsibly.
- Be focused.
- Have a plan.
- Stick to the plan.
- No FOMO.
- Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money.
- Never trade what you are not willing to lose
- Remember Stop-loss is your friend.
- Smile!
- Good Trading and Good Luck
If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
CHZEUR AnalysisENGLISH:
Bullish flag in 1hr, continuation pattern, wait the breakout and enter in the re-test for confirmation. Also W formation in the last candles. also bullish.
Spanish:
Bandera alcista en 1hr, patron de continuacion. espera a la rotura y entre en el re-test , esperando la confirmacion. Tambien formacion de W en las ultimas velas, patron alcista.
CHZUSDT still have time until next pumpThe main trend of CHZ is upward, however in the last few days, we had a sharp drop forming descending tops.
It doesn't seem likely to break out the recent downtrend (2) before reaching to the main trend line (1)
Disclaimer
*** These are my personal opinions and were prepared amateurish. Not financial advice.***