CHZ/USD (Chiliz) Longterm Analysis CHZ/USD (Chiliz) Longterm Analysis
We see that 959 days have passed since the peak. this is quite a long time. we are in a parallel channel. i think it will make an upward attack with the market movement in the near future. the rsi level also confirms this.
the red line is a very important support
>>You can easily see the levels on the chart. <<
Now the upward breakout is a matter of time on the weekly chart.
>>In the rally towards the end of 2024, I think that mana will be strongly accompanied. I think it will exceed the old ath level.
CHZ/BTC 1w
CHZUSDT
finally chz breaking falling wedge seems like chz has already bottomed and preparing for solid recovery
in downtrend from long time now getting life formed and breaking falling wedger in 2 days and expecting breakout soon
and incase of successful breakout expecting 120 to 140% bullish rally in coming days
CHZ/USD Local trade. Pivot zone.Logarithm. Time frame 1 day. Local trend. The reversal zone (price squeezed) in the descending channel.
After the rebound, the price is squeezed in a narrow zone of 124-144. The chart shows the percentages to the key support/resistance levels from this price squeeze zone.
Risk management.
It's worth noting that the price of the coin is at a super profit, I've clearly shown this on the chart, which shows the entire main, long-term trend (the entire trading history). Consequently, when working on a coin, you need to keep this in mind and limit potential losses. Observe the risk management.
Secondary trend. Time frame 3 days.
CHZ/USDT Secondary trend
CHZUSDT Bulls Gain Momentum with Downtrend Breakout💎Almost two weeks ago, #CHZUSDT experienced a confirmed daily break above the long-term downtrend trendline, signaling a potential weakening of bearish dominance. Following the breakout, the price retraced and recently found clean rejection at the bottom of the ascending channel.
💎Now, our attention is drawn to the nearest and crucial support level at $0.072. It is essential to closely monitor the price action around this level. A daily break below this support could lead to bears regaining control of the market. However, until such a break occurs, the probability favors a strong upside move, with the nearest long-term Fibonacci resistance lying 57% above the recent low.
💎Despite the potential for an uptrend, it's important to exercise extra caution due to the exceptionally low crypto trading volume at this stage. These market conditions can make the market susceptible to manipulation. As such, MCP team remain vigilant and prepared to take action, whether #CHZ breaks below the support or continues its uptrend.
CHZ (Chiliz) Token Analysis 13/04/2021initial Analysis where we had our initial Token Purchase and opened Derivatives Contracts where we Achieved our Targets.
www.tradingview.com
Fundamentals:
Chiliz is one of the largest blockchains for esports and gaming crowdfunding. Officially launched in 2019, the idea for Chiliz and the platform Socios.com were initially conceived in 2016. Chiliz is a token designed to allow fans to support their favorite sports teams through blockchain-based interactions.
The Socios.com platform also aims to allow fans to buy tokenized voting rights for the teams they support. Football club Juventus was the first to launch a team token through the Socios.com website. Since then, more than a hundred different teams have joined the platform. Chilliz has attracted the attention of competitors from a wide array of sports, including football, basketball, and esports teams.
Chiliz and Socios.com claim to be the first platforms to build a bridge between blockchain technology and the sports world. By issuing blockchain-based tokens, Chiliz ensures that fans have their investment secure and protected while participating from anywhere in the world.
Chiliz and Socios.com allow sports fans to participate in the management of their favorite teams. By buying fan tokens, users secure voting rights and participate in votes announced by the teams on Socios.com. This further boosts the decentralization features offered by the Chiliz blockchain.
The Chiliz blockchain relies on a proof-of-authority (PoA) side chain consensus mechanism for security. Unlike proof-of-work (PoW) and proof-of-stake (PoS), PoA relies on the reputability of already established validators for the creation of new blocks.
To make transaction processing as fast as possible, the PoA consensus relies on a Byzantine Fault Tolerance (BFT) algorithm with identity as a stake. It is more cost-effective than the PoW consensus in terms of electrical and computing power consumption.
Alexandre Dreyfus is the founder and CEO of both Chiliz and Socios.com. His professional portfolio includes numerous CEO positions. Dreyfus has also founded Webcity, a city tour-guide platform used across Europe. He has played a founding role in the creation of Winamax, the first-ever French online poker platform. Alexandre Dreyfus graduated from Lycee Jean Perrin in 1995.
Emma Diskin is the chief operating officer at Chiliz. She has been with the company since 2018 and has moved up the ranks, starting with a communications director position. Her professional career began as an account manager for Freud Communications in 1999. Since then, she has been an employee for brands like the Daily Mail and ITV, before joining Chiliz and Socios.com.
Max Rabinovitch is the chief strategy officer for Chilliz and Socios.com. He graduated in fine arts and psychology from the University of Colorado Boulder in 2008. Rabinovitch’s professional experience began as a head copywriter for Intersog in 2010. A year later, he became the creative director for ComboApp Inc. Since 2014, Rabinovitch has been an integral part of the Chiliz team.
Chiliz (CHZ) has a total and maximum supply of 8,888,888,888 tokens. The circulating supply as of March 2021 is about 5,441,098,420 CHZ tokens.
Of the total CHZ token supply, 34.5% were distributed through a pre-sale event and additional token sales. Another 20% of tokens were set aside as a userbase reserve, dedicated for future users of the Socios.com platform. Around a sixth of all tokens were directed towards strategic acquisitions. About 7.5% of CHZ tokens were given as an incentive to seed investors. Finally, 5% of tokens were given as a reward to the team and 3% were distributed among the advisors of the project.
The live Chiliz price today is $0.511672 USD with a 24-hour trading volume of $1,123,683,811 USD. Chiliz is up 8.87% in the last 24 hours. The current CoinMarketCap ranking is #45, with a live market cap of $2,858,383,305 USD.
Technical Analysis:
As you can see the price has done its Initialization and accumulation followed by a big impulsive cycle and retracement to the Fibonacci Retracement Gulden Zone.
Currently is Consolidating and reaccumulating at the Fibonacci Golden Zone.
There are possibilities that the price fall to the Support area before Starting the Second Impulsive cycle to the higher Levels.
There are total of 3 Targets Defined by Fibonacci Projection of the Initial Impulsive wave where as the 3 TP gets its confirmation as the 2 TP gets triggered followed by some Price Correction and Reaccumulation.
Sentimental Analysis:
as we have seen the aggressive behavior of this Token, followed by its Inclination towards the Proper retracement and settling for reaccumulation and the Strong Fundamentals and Daily Increasing its Market Cap, we can feel a very Bullish Sentiment around this Token
CHZ long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
In Downtrend Channel | Short BiasWeekly Chart
Chiliz ( BINANCE:CHZUSDT ) has broken down the support level ($0.0811) and closed below that level. That red candle shows strong selling pressure with RSI Oversold.
I expect CHZ will down more leg to around $0.04
Chart 4H TF
Chiliz's in triangle pattern. If price can breakout, CHZ can retest Previous Ascending Trend Line.
Wait and see
CHZ Update (1D) UpdateHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the CHZ symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XRPUSDT DAILY : CUTE FOR TRADEHi Guys Hope you well.
Well, as you can see, with the pump in the past weeks, it can be said that Ripple Guard is on the rise. I have drawn two scenarios for you.
Do not forget that Ripple also has good news coming.
SecondChanceCrypto
⏰27/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
🔥CHILIZ READY TO EXPLODE AFTER 110 DAYS RANGE: R U READY?🔥Hi, friends! Chiliz is in consolidation for more than 100 days. It's enough for the whales to accumulate a lot of coins and start to pump the price.
Now the price fell by -20% after the trap during the trendline breakout. I expect one more local dump after the next attempt to break the trendline.
📊 TRADING PLAN FOR CHZ:
1. the trap of the long traders during the next squeeze to the trendline
2. pullback to $0.178-0.182 value area
3. volume growth
4. bullish BTC
🚩 As you can see, the volume growth during the fall indicates about that the bottom area reached or will be reached soon.
✅ THE MAIN TARGETS FOR CHZ:
🔥 $0.135-0.139 - the value area
🔥 $0.15 - the even number and key level
🔥 $0.179 - the local high and the key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
CHZ 4 HR TF HEAD & SHOLDER FORMEDHELLO FOLKS,
Today i got CHZ head and sholder pattren formed i am waiting for break out in aggressivily
my analysis are all chart pattren and smc conscept
chart pattren : Head and Sholder now right sholder coming to ending posistion if btc breaks below 27k then goto the 25k
so chz next support zone 0.99
smc : stiil order block not reached so we waiting for confirmation about breaks zone
i draw my entry and exit in chart keep watching.
if i am wrong please leave your comment below
thnaks
love u all
CHZUSDTHello everyone,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for CHZUSDT
As we analyzed on April 30, we expected a falling trend to happen for the price and here we can observe this precise prediction by our team. On the top, there are R3, R2, and R1 as the resistance areas which mention that the price was not able to rise at different points. And ultimately, S1 and S2 are our support areas of this chart that obviously contain the support of price variously. As we see in the past, the price trend faced a noticeable rise up to higher amounts each time it was supported at S2 and by some rejections at higher amounts and having disabilities in order to rise, it could not be supported anymore and continued its falling trend down to areas such as S1. There we had more support of price and his time the price could not move over R1 line at some points. Then the existence of two negative Marubozu Candles besides a doji one, meant more decline for it. Thus we have the price fluctuating in S1 area and we should wait for the price to give us more fluctuation and confirmation for a rise or fall. It is probable that the price is supported here or by losing the support and falling below S1, then it would be supported at S2 area and then start its rise toward higher amounts. The formation and close point of the last candle is so important. So if it is closed over S1, the possibility of a rise would be high but in case it is closed below S1, then we should wait for more decline. Also when the price loses the support and falls toward S2, that would be a good point for putting your orders. Please do not forget to wait for some signs such as confirmation candles in order to make sure of what will be your next movement and then act wisely. Our suggestion is to put your stop-loss point based on your amount of loss that you can risk at and try to experience more logical trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Have a nice time