WoooW!!! Chiliz (CHZ) Broke Out The Triangle | Now Get Ready For The Most Explosive Move


  • 5
  • 0
  • 0.048
  • Reply

  • Open in the desktop app ADD TO PLAYLIST


    Published on Aug 06, 2021
    About :

    Symmetrical triangle:
    on the daily time frame chart, the price action of Chiliz was moving in a symmetrical triangle since the mid of May 2021. Now finally, the price action has broken out to resistance of the symmetrical triangle and moving sideways. Now there is a possibility that the priceline may re-test the previous resistance of this triangle as support.

    Falling wedge:
    While the price action has broken out the resistance of a symmetrical triangle on the daily timeframe , at the same time the priceline has also formed a falling wedge pattern on a very small time frame hourly chart. This falling wedge is considered as a bullish reversal pattern among the trader's community. Therefore if the price action of CHZ will break out the resistance of the wedge then it can imminently move to the tail of this wedge pattern which is at $0.275 cents.

    Weekly EMAs:
    On the weekly time frame chart, the price action is trying to break out exponential moving averages with the time period of 10 and 21. In the below chart it can be seen that after the recent drop the price action tested $0.18 support and then broke out the $0.235 resistance level . Now it is working as very strong support for the price action. If the price will be able to break out exponential moving average 21 then it can lead to a really very big move.

    Huge BAT move:
    On the weekly time frame the priceline has formed a huge BAT pattern . The sell targets for this BAT as per Fibonacci sequence can be $0.4337 to $0.7678.


    Don't forget to upvote/tip and share the post, thanks

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


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


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


    Link for Binance exchange, to trade crypto:


    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.

    Tags :

    leofinance btc trade

    Woo! This creator can upvote comments using 3speak's stake today because they are a top performing creator! Leave a quality comment relating to their content and you could receive an upvote worth at least a dollar.

    Their limit for today is $0!
    Time until moon333 can give away $0 to their commenters.
    0 Days 0 Hours 0 Minutes 0 Seconds

    To comment on this video please connect a HIVE account to your profile: Connect HIVE Account

    More Videos

    3 views a year ago $
    4 views 2 years ago $
    1 views 6 months ago $
    5 views 2 years ago $
    5 views a year ago $
    1 views 2 years ago $
    61 views 2 years ago $