Chiliz Price Prediction | CHZ Formed This Reversal Pattern Second Time In A Year

By moon333 | moon333 | 29 Dec 2021


 

Hi dear friends, hope you are well and welcome to the new update on Chiliz ( CHZ ).

Strong support zone and EMA:
On weekly time frame, priceline of Chiliz is accumulating above the strong support zone of $0.24 to $0.195 and below the EMA 21 weekly.

wyUK3vU4

Bullish BAT:
On a weekly chart, CHZ has formed the final leg of bullish BAT .

MrHNaj4P_big.png

https://www.tradingview.com/chart/CHZUSDT/MrHNaj4P-Chiliz-CHZ-formed-a-huge-bullish-BAT-for-upto-140-big-rally/ 

 

To trade this pattern the targets can be as below:
Buy and sell targets:

Buy between: $0.2879 to $0.2405

Sell between: $0.4286 to $0.5773

Stop loss:
Below: $0.2405

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 140%, and a loss possibility is 16.5%

 

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

 

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

 

Link for Binance exchange, to trade crypto:

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

 

 

Note: 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.

How do you rate this article?


2

0

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.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.