Chiliz (CHZ) formed a bullish Gartley for upto 54% move

Chiliz (CHZ) formed a bullish Gartley for upto 54% move

By moon333 | moon333 | 3 May 2021


Hi dear friends, hope you are well and welcome to the new update on Chiliz ( CHZ ) token with BTC pair
Previously we had a nice trade of Chiliz:

2o54gnBj_big.png

.https://www.tradingview.com/chart/CHZUSDT/2o54gnBj-Chiliz-CHZ-formed-a-bullish-Cypher-for-upto-14-move/

Now this time on the two-day time frame chart, the price action has formed final leg of bullish Gartley pattern.

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https://www.tradingview.com/chart/CHZBTC/b9qWLf4U-Chiliz-CHZ-formed-a-bullish-Gartley-for-upto-54-move/ 

Buying and sell targets:
The buying and sell targets as per the Fibonacci sequence of the Gartley pattern should be:
Buy between: 0.00000929 to 0.00000810 btc

Sell between: 0.00001023 to 0.00001249 btc

Stop loss:
The maximum extent of potential reversal zone to 0.00000810 btc can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility up to 54% and a loss possibility is 13.


Note: There is a play button on the tradingview chart, which can let you know that the idea is still valid or not.If you don't have an account then plz create a free account at least here is the link:
https://www.tradingview.com/gopro/?share...

Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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