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😶 Neutral 🟡 : "Analyzing the Unusually Low Price of Chiliz (CHZ)"
Pair: #CHZUSDT
Interval: 3D
Date: 09/10/2024 14:00
Exchange: OKX

Chiliz is a digital sports and entertainment project based in Malta with Chinese roots. The current price of BTC is experiencing a downward adjustment, while the price of CHZ remains stable. Will a potential 50% increase in the price of CHZUSDT be witnessed soon?

#CHZUSDT is tradable on OKX 🚀💰

#CHZUSDT | #Chiliz | #OKX
🤩 Long 🟢 : Potential Bullish Reversal Ahead for CHZ/USDT
Pair: #CHZUSDT
Interval: 1D
Date: 10/10/2024 10:46
Exchange: Binance

CHZUSDT is displaying strong bullish signals with a Change of Character (CHoCH) and Break of Structure (BOS), indicating a potential shift in the market structure. An Inverse Head and Shoulders pattern further supports a bullish move. A breakout and candle close above the resistance zone would confirm this pattern. A pullback to the demand zone could offer a bounce opportunity, but waiting for an Internal CHoCH for confirmation is recommended. A breakdown below the demand zone would invalidate the bullish setup. Patience and discipline are emphasized for strategic trading decisions.

#CHZUSDT is tradable on Binance 🚀💰

#CHZUSDT | #Chiliz | #Binance
🤩 Long 🟢 : Analysis: Potential 100x Bull Flag Formation in Chiliz (CHZ)
Pair: #CHZUSDT
Interval: 12D
Date: 09/10/2024 12:42
Exchange: Binance

The price action on the 12-day chart has seen a correction of over 60% since March. Several reasons exist for a long position, including resistance breakouts in price action and RSI, confirmation of support with a double bottom pattern, and a trend reversal marked by a higher high. A hook reversal pattern and bull flag formation also indicate positive momentum. Further correction is possible but not likely. The return potential for a long position this month is estimated at 80-100x with high risk.

#CHZUSDT is tradable on Binance 🚀💰

#CHZUSDT | #Chiliz | #Binance